Author Archives: Ralph Ohr

Balancing Large and Small Firm Capabilities

Organizations need to balance exploitation (i.e. development of existing business) and exploration (i.e. creation of new businesses) in order to thrive on the short and long term. Corresponding integration of incremental and radical innovation can basically be achieved in different ways… Continue reading

Posted in Build Capability, Innovation, Strategy, Uncategorized, collaboration | Leave a comment

The Lean Startup concept is an appropriate choice for creating new businesses through development of an already existing idea or vision. Design thinking, on the other hand, might be preferred if the right business idea has not been found yet and customer needs or problems are still vague. Continue reading

Posted in Build Capability, Innovation, Uncategorized | 6 Comments
Innovation and Serendipity

I have pointed out the importance of diversity for innovation and organizational adaptability. Diversity is a crucial precursor to serendipity. In the Power of Pull, John Hagel, John Seely Brown and Lang Davison emphasize the rising need for serendipity… Continue reading

Posted in Creativity, Innovation, Leadership, Uncategorized, collaboration | 7 Comments
Why the Future of Innovation is OPEN

Large companies that make the successful transition to an open, collaborative style of innovation will emerge as effective ecosystem leaders. Such companies will find that their scale is a major asset for the kind of complex systemic innovation that will be increasingly important in the decades ahead. Continue reading

Posted in Business Models, Entrepreneurship, Leadership, Open Innovation, Strategy, collaboration | 1 Comment
Evolutionary and Revolutionary Innovation

Triggered by a couple of recent discussions, I’ve been pondering for a while now over the question how evolution relates to revolution when it comes to innovation. Continue reading

Posted in Culture & Values, Design, Entrepreneurship, Innovation, Leadership, Management, Strategy | 8 Comments

Unlike exploitation of existing markets, exploration of new markets requires an emergent and experimental strategy. It usually starts with a vision, i.e. an idea about a novel need-solution fit with breakthrough potential, and consists of the following basic steps: Continue reading

Posted in Business Models, Innovation, Leadership, Psychology, Strategy | 5 Comments
Innovation and Diversity

“Tomorrow’s management systems will need to value diversity, dissent and divergence as highly as conformance, consensus and cohesion” — a tweet by Gary Hamel leads Ralph Ohr into the importance of Innovation and Diversity. Continue reading

Posted in Creativity, Innovation, Leadership, Management, Open Innovation, Psychology, Strategy, collaboration | 3 Comments