Innovation in a Reinvented World
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10 Essential Elements to Succeed in the New World of Business

Skillful application of these 10 essential elements will position business leaders, innovation catalysts, and professionals to come out ahead in a post-recession economy.  

1. Vision and Values

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Rethinks and reinvents strategic vision for the new world of business. Core values model consistent messaging, measurements, and accountability that set the tone of trust for the company.  

2. Entrepreneurship

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Design and deployment of entrepreneurial capabilities throughout an organization that extends its influence to the intricate ecosystem of customers, partners, suppliers, and community supporters. Creates new growth opportunities and sustains the business while evolving the culture.

3. Navigation

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Entrepreneurial leaders bridging marketplace inflection points, organizational transition, and talent transformation; helping the workforce shift into role of value creators and innovators. HR transitions from administrative role to that of innovation catalysts.

4. Responsible Risktaking

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Accountable leadership and responsible workforce decision making that incorporate the longer-view impact of decisions when moving the organization and business forward. Personal risktaking is valued, rewarded, and an integral part of the culture.

5. Disruption & Discontinuity

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Leadership capable of connecting the dots in new ways. Leverages innovative technology and disruptive-style collaborations that move the organization forward.  

6. Experimental & Exploration

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Research and development is an integral part of the organization’s innovation engine. Leaders represent new-world-of-business thinking: agile, flexible, and tied to business results.

7. Innovation & Invention

Element 7: Innovation & Invention
R&D is seen as an investment strategy versus short-term business response. Leaders successfully leverage the inventiveness of their ecosystem—workforce, customers, partners, suppliers, and communities—as a means of continuous innovation and new business growth. 

8. Transition & Training

Element 8: Transition & Training
Designs organizational capability for reinventing in front of the curve and for longer-term business sustainability. Delivers ongoing training for new market innovations and emerging areas of expertise.  

9. Networking & Collaboration

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Innovative means of engaging workplace talent. Leaders extend influence throughout their ecosystem of relationships, build bridges, and inspire others to do the same. Leverage traditional and digital collaborations for a new reality.

10. Execution

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Organization successfully deploys innovative products and services amid market shifts and workplace disruptions. Leaders reinvigorate operations to repurpose programs and reinvent processes. Transforms the business through end of cycle management of products and services in preparation for new growth.

© 2012 Dee McCrorey. Risktaking for Success, LLC. All Rights Reserved.