The Innovation Butterfly: Managing Emergent Opportunities and Risks During Distributed Innovation (Understanding Complex Systems)
| Author | : | |
| Rating | : | 4.52 (580 Votes) |
| Asin | : | 1461431301 |
| Format Type | : | paperback |
| Number of Pages | : | 176 Pages |
| Publish Date | : | 2015-01-16 |
| Language | : | English |
DESCRIPTION:
The constituent elements of such systems are often scattered across multiple firms and across the globe and constitute a complex system consisting of many interacting parts. In the long term, they can shift the balance of the entire innovation portfolio into unplanned directions. We show that innovation butterflies, if improperly managed, most often lead to negative outcomes. Such "innovation butterflies" can be prompted by external forces such as government legislation or unexpected spikes in the price of basic goods (such as oil), unexpected shifts in market tastes, or from a company manager’s decisions or those of its competitors. More importa
Breakthrough thinking on what drives innovation David J. Giber So many of the books on innovation say the same things about creating a culture that supports new ideas and searching for "disruptive" breakthroughs. Few have addressed the key systems and leadership issues which underlie whether new ideas are recognized early and emerge. They do not
Even the smallest change, the smallest disruption, to this system can steer a firm down an unpredictable and irreversibly different path in terms of technology and market evolution. We show that innovation butterflies, if improperly managed, most often lead to negative outcomes. The constituent elements of such systems are often scattered across multiple firms and across the globe and constitute a complex system consisting of many interacting parts. Such "innovation butterflies" can be prompted by external forces such as government legislation or unexpected spikes in the price of basic goods (such as oil), unexpected shifts in market tastes, or from a company manager’s decisions or those of its competitors. In the second half of the book, we turn to distributed management of innovation under emergence. Product and service innovations are the result of mutually interacting creative and coordination tasks within a system that has to balance technical decisions, marketplace taste, personnel management, and stakeholder commitment. In the spirit of the "butterfly effect", metap