Tag: Luis Rodriguez

For many business leaders, the heat is on. They face inflation, supply chain disruption, labour shortages, and pricing pressures. Protecting margins while meeting customer needs and navigating economic uncertainty is crucial. However, many lack transparency and granularity in actual cost structures.

Business leaders are not always willing or able to take on the challenge of transforming the existing operating model. They face resistance due to turf wars, internal bureaucracy, legacy working methods, technology debt and corporate politics. In fact, over 31% of business leaders consider resistance to change within their organisation a pivotal barrier to redesigning the operating model.

If you think about it, most large corporations grew their business by adapting to change systematically – tweaking their offering while maintaining their core business – thus optimising what they already had. But now, there is a lot more to consider as companies evolve. They must take on new ways of growing without losing their core focus.

Often people talk of innovation as a one step idea-creating process that continues forever. But there are three building blocks to innovation. The idea creation or ideating and creating is only the beginning, with designing and killing ideas and lastly scaling as the other two parts.

Demystifying innovation is trying to break it into what we see are the building blocks of getting from creating ideas to realising the value of innovation. There are three parts to it, and these are not necessarily sequential – ideating and shaping, designing and killing ideas and lastly scaling.