Tool: The Innovation Matrix

By Arbresh Useini, 07. December 2018

It is predicted, that 40% of the fortune 500 companies will be gone or dramatically changed in 10 years, so innovation and continuous adaption to the market matters. We’ve seen the decline of many companies. Nokia, Blockbuster, and Kodak are the classical ones. Lately in Denmark we have seen Top-Toy/Fætter BR take the same path.

The value the Innovation Matrix will help you get

On regular basis, we meet leaders who are frustrated and asking questions on how to drive innovation and change that are transforming. Sometimes, they feel they are already doing transforming innovation pivoting their business. Often, they haven’t got a clear overview about what the difference from mundane improvements and everyday maintenance to radical change and strategic pivoting. The easy solution is to get an overview, a mapping, of innovation initiatives/projects/programmes or the like, and be able to see how much effort, time and budget should be allocated to each. The Innovation Matrix will be able to help you get this overview.

In short, you’ll get:

  • A mapping of all innovation initiatives divided into the four squares of the Innovation Matrix.
  • An alignment in your team/organization about which type of innovation you are practicing.
  • A picture of which kind of leadership style is necessary in each square.
  • A shared language on innovation, that helps facilitate a dialogue on scope, time, cost, quality, risk and resources.

Map how you do innovation in The Innovation Matrix

Innovation Matrix is a model that helps you map and understand how innovation in your organization takes place. The model is co-created with Maz Spork and Søren Skov.

The model describes the four areas of innovation; Maintain, Evolve, Grow and Transform, and each one of them has a different leadership style.

It has a two-dimensional spectrum of innovation; 1. strategic or everyday and 2. radical or improve.

We’ve made it easy: download this tool and get started!

If you download this tool you’ll find:

  • a description og each element in The Innovation Matrix,
  • a workbook about how to facilitate a workshop with you team, and
  • a printable version of the matrix.

Download The Innovation Matrix Right Here

Want to know more?

If you want to read more into the Innovation Matrix, you can read about it on the blog Map Your Innovation Spectrum and Transform Your Business or read our blog about Driving The Change The Innovation Brings.

Or listen to our podcast episode 5 on the innovative mindsetepisode 6 on why to innovate and episode 7 on innovative leadership style (all in Danish).

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‌ فناوری یک شمشیر دولبه است ‌
فناوری یک شمشیر دولبه است که از یک سو باعث بهم‌ریختگی و پیچیده شدن اوضاع کسب‌وکارهای سنتی شده و از سوی دیگر پیشرفت‌های گسترده‌ای را در جوامع و سازمان‌ها رقم زده است. در این مسیر پر از تغییر، مشاغل همواره اولین گروهی هستند که تحت تاثیر قرار می‌گیرند. در این میان رهبرانی که نگرش تغییر و رفتارها و اقدامات مورد نیاز آن را دارند، پیشتازان موفقیت خواهند بود.‌
‌
کتاب «رهبر پاسخگو» روابط، انگیزه‌های انسانی، ارزش‌آفرینی، شبکه‌های ارتباطی و مشارکت را از مهم‌ترین مؤلفه‌های موفقیت کسب‌وکارها می‌داند و آنچه لازمه حرکت در این مسیر کمتر پاخورده است را برای صاحبان کسب‌وکارها بیان می‌کند؛ تا بتوانند از مناسب‌ترین مسیر به اهداف‌شان برسند و رشد کنند.‌ #خلاصه_کتاب و #نقشه_ذهنی این کتاب را می توانید از طریق وب‌سایت و اپلیکیشن کتابکت تهیه نمایید.

#مطالعه_کنید، #بیاموزید، #به_کار_گیرید، خودتان و کسب و کارتان را متمایز کنید.
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#BookReview of #TheResponsiveLeader from #ReadersF #BookReview of #TheResponsiveLeader from #ReadersFavorite - https://readersfavorite.com/book-review/the-responsive-leader

Reviewed by Kayti Nika Raet for Readers' Favorite

The Responsive Leader: How to Be a Fantastic Leader in a Constantly Changing World by Erik Korsvik Østergaard is the kind of book that helps business leaders who are looking to adapt and thrive in the future of work environments. Breaking it down in a simple, easy to read manner, Østergaard shows that the true testament of a successful business is how fully its leaders are able to blend their knowledge of leadership and management with this new age of technology, the so called "Fourth Industrial Revolution". In The Responsive Leader, Østergaard shows readers how to align the organizational mission and goals with current society to create a well engineered environment. Drawing on his experience as an engineer, the author guides the reader expertly through his thought processes, highlighting resources and changing the way we think about business. 
The Responsive Leader by Erik Korsvik Østergaard is a well written and informative text. It is written in a way that makes for easy consumption and provides a great range of insights from which businesses and organizations of all levels will be able to glean many helpful tips, as Østergaard busts myths that may hold industry back and limit growth. It's certainly a book that will open many readers' eyes. In an exhaustive text, Østergaard leaves no stone unturned with The Responsive Leader as he seeks to encourage business owners to remain relevant to their employees and customers. He also provides a great resource for those looking to take their business to extraordinary heights.
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arbejde, bog, bog,
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// #blochøstergaard #theresponsiveleader // “Reviewed by Kayti Nika Raet for Readers' Favorite (...) Breaking it down in a simple, easy to read manner, Østergaard shows that the true testament of a successful business is how fully its leaders are able to blend their knowledge of leadership and management with this new age of technology, the so called "Fourth Industrial Revolution". In The Responsive Leader, Østergaard shows readers how to align the organizational mission and goals with current society to create a well engineered environment (...) It's certainly a book that will open many readers' eyes. In an exhaustive text, Østergaard leaves no stone unturned with The Responsive Leader as he seeks to encourage business owners to remain relevant to their employees and customers. He also provides a great resource for those looking to take their business to extraordinary heights.”
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