Glocal Vantage Inc., led by Paul Schumann, emphasizes the importance of innovation as a key factor in gaining competitive advantage through the creation and implementation of new ideas. The document details various types of innovation, including breakthrough and incremental, and outlines a strategic approach for organizations to align their innovation efforts with market needs. It also highlights the need for organizational culture to support innovation and engage all stakeholders in the process.
Innovation Way toGain Competitive Advantage Innovation Endows Resources With a New Capacity to Create, or it Creates a New Resource Innovation is the Result of the Implementation of New Ideas Innovation is the Way of Turning Ingenuity Into Realities Glocal Vantage, Inc.
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Innovation Innovation CanCause Change Exploit Change Innovation Can Be Accidental Systematic Systematic Innovation That Exploits Change is Generally the Most Effective Glocal Vantage, Inc.
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Class of InnovationGlocal Vantage, Inc. Breakthrough Distinctive Incremental
Observations It’s thePattern of Innovation Matches Customer Needs Provides Competitive Differentiation Is Organization Dependent Changes Over Time Can Anticipate and Delight Ultimately Driven by the Culture Must Involve Everyone Glocal Vantage, Inc.
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Innovation Development Identifya Market Discover the Innovation Opportunities and Threats in the Market Understand the Innovation Desires of the Stakeholders Assess the Innovation Capability and Capacity of the Organization Glocal Vantage, Inc.
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Innovation Development (cont.)Create an Innovation Strategy Align the Innovation Focus of the Organization Through the Strategy to the Future Market (customers, competition & technology) Develop the Organization to Effectively and Efficiently Implement the Strategy Utilize a Common Language of Innovation Throughout Involve Everyone Glocal Vantage, Inc.
Paul Schumann Futuristand innovation consultant Application of web 2.0 to market & strategic intelligence systems Web 2.0 tools & technologies Application of web 2.0 to democratic processes Broad perspectives on the future Services Strategic market research & technology forecasting Intelligence systems consulting Seminars, webinars & presentations Glocal Vantage, Inc.
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This work islicensed under the Creative Commons Attribution license. You may distribute, remix, tweak, and build upon this work, even commercially, as long as you credit me for the original creation as Paul Schumann, Glocal Vantage Inc, www.glocalvantage.com. Glocal Vantage, Inc.