155: How Innovation Peer Networks Transform Outcomes
May 21, 2024
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Roland Deiser, Founder of Center for the Future of Organization, discusses how innovation peer networks transform outcomes. He emphasizes the importance of social and political strategies for driving innovation, shares real-world examples of missed opportunities, and explores the dynamics of fostering networks for innovative conversations. Deiser also touches on the challenges of implementing innovative ideas post-participation in peer networks and highlights the significance of contextualization in innovation and learning.
Innovation peer networks enhance organizational creativity by facilitating diverse perspectives and breaking cognitive boundaries.
Understanding the importance of social and political strategies is critical in driving innovation within and across industry boundaries.
Deep dives
The Evolution of Innovation Narratives
Roland Dyser, a renowned professor with extensive experience in corporate life, academia, and consulting, explores the intersection of transformational challenges and organizational dynamics. Through his work, Dyser emphasizes the importance of collaboration between academia, business, and consulting to drive innovation and address strategic challenges. By straddling these worlds and leveraging insights from each domain, Dyser advocates for a holistic approach to understanding and enacting innovation strategies for organizations.
The Power of Networks in Driving Innovation
Dyser delves into the significance of networks in fostering innovation, emphasizing that no individual operates in isolation when it comes to generating new ideas. By bringing together diverse minds and fostering collaboration, innovative coalitions can tackle complex problems and drive organizational transformation. Dyser highlights the importance of different types of networks, from peer groups within organizations to cross-company collaborations, in enhancing ideation, implementation, and scaling of innovative solutions.
Contextualization and Implementation Challenges in Innovation
Reflecting on the challenges of translating innovative ideas into tangible outcomes, Dyser underscores the importance of contextual understanding and effective communication within organizations. He illustrates how organizational context, historical factors, and stakeholder dynamics play crucial roles in the success or failure of innovation initiatives. Dyser advocates for a nuanced approach to innovation, acknowledging the complexities of organizational structures and the need for human-centric skills to navigate political and social landscapes.
Fostering Collaborative Ecosystems for Sustainable Innovation
In his latest venture, Dyser focuses on building collaborative ecosystems to drive innovation and business development. By leveraging a nine-dimensional framework that emphasizes strategy, organization, and relationship management, Dyser aims to help executives leverage ecosystem strategies for transformative impact. Through curated peer groups and consortium research projects, Dyser envisions a future where organizations engage with stakeholders across boundaries to foster sustainable and responsible innovation.
Have you ever wondered how innovative peer networks can transform business outcomes? In this episode of Innovation Storytellers Show, I sit down with Roland Deiser, the Founder & Executive Chairman of the Center for the Future of Organization, to explore this fascinating topic.
Roland Deiser brings a wealth of knowledge on the subject, with his extensive background in understanding the challenges of transformational change in large organizations. As a professor, advisor, and orchestrator of executive peer networks, Roland has dedicated his career to studying the dynamics of business ecosystems and digital transformation.
During our discussion, Roland discusses the critical role of sophisticated social and political strategies in driving innovation within organizations. He highlights the importance of creating and leveraging networks both within and across industry boundaries to foster innovative conversations and processes. Roland's insights on peer-to-peer experience sharing reveal how these networks can alleviate feelings of isolation, bring diverse perspectives, and break down cognitive and organizational boundaries.
We also delve into intriguing real-world examples, such as why Sony missed the opportunity to create the iPod despite its dominance in the music industry and how Blockbuster failed to capitalize on acquiring Netflix. These stories underscore the pitfalls of rigid business models and the necessity of adaptability and foresight.
Furthermore, Roland elaborates on the concept of ambidexterity—excelling in present performance while designing future breakthroughs. He emphasizes the impact of technological, political, and regulatory shifts as catalysts for innovative thinking, with generative AI serving as a current example.
Join us for this compelling conversation that underscores the necessity of collaboration in the innovation landscape. Discover how to build and benefit from innovative peer networks and navigate the complexities of today's fast-paced business environment.
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