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Inward-facing
innovationisa
trendforthe
nextdecade
Ashrinking
workforce
Before the pandemic, the numberof job openings exceeded jobseekers for over a year. Retireesare exiting faster than graduatesare entering. The talent pool isshrinking.
Click to read more.
BBbusinessmodel
Silos and corporate hierarchies are
broken. Covid accentuated the
need for business model
innovation. Today's world requires
a brave, unbound, & adaptive
business model.
businessmodel
Click to read more.
Culture
Inclusivity, diversity, and psychological safety are just a few of the
reasons culture is on the list of reasons why inward-facing
innovation is prevalent in the coming decade. Fail to address this
issue & it will be your nemesis.
ulture
Click to read more.
Data
Tired of making the wrong data
driven decisions? Data-driven
decisions can be detrimental
without the power of design
thinking to confirm and calibrate
the direction it is pointed. Data is a
launchpad not a landing strip.
Click to read more.
EEco-friendly is becoming much
more than a slogan. It's
becoming a prerequisite for
doing business with today's
mega-corporations.Business
operations that are eco-friendly
are critical. Click to read more.
F Covid-19 has forever changed not
only how work gets done but also
where. The build, fill and repeat
growth model is gone forever.
Innovating the use of existing
locations & redefining what
growth looks like in terms of
facilities is priority.
acilitymanagement
Click to read more.
Globalization
Covid-19 has highlighted the good and the
bad in globalization. Design Thinking and
innovation will be the means to sort out
which aspects of business uses a global
approach and which aspects remain tied
to the country of origin. Click to read more.
Human
ResourcesOnce upon a time HR led
change management
initiatives. Covid-19
flipped the script and the
rapid need change is
leading the way. The 40
year+ old methods of
change management are
overdue for innovation.
Check out my application
of Design Thinking to
Change Management.
Click to read more.
Information age is dead We have transitioned
to the Experience
Age. Customers are
not the only ones
screaming for a
better experience.
So are employees. In
fact, their
productivity and
performance
depends on it. Failure
to address this issue
for employees and
expect to see
turnover rates
increase.Click to read more.
Job crafting
Leaders have tried to infuse the
why behind work but the companies
why & the employees don't always
sync. But they can.That's what job
crafting does. Allows leader &
employee to craft the tasks,
relationships and meaning to the
work that gets done. Click to read more.
KeyBusinessRequirements
As the rapid pace of change is now
considered normal, key business
requirements can no longer function
as the starting point or a means to
"set it and forget it". According to
Forbes, truly innovative companies
don't start there at all.
Click to read more.
Leadershipbydesign
According Gartner
Research the C-suites
skills witnessing the
greatest growth is Design
Thinking. Up 174% over
the last 3 years. In their
research they listed 10
other skills that are
important as well. The
reason Design Thinking is
at the top is it can
positively influence every
other skill on the list.
Click to read more.
MachineLearning&AI
According to Harvard Business Review
article companies will not only be required to
rethink IT resources but also human
resources. The delegation of the mundane
tasks to AI will require redesigning the ways
people work. Not to mention the necessity
to determine how machine and people work
together. Click to read more.
NumbersLook at the numbers - employee
satisfaction, engagement, turnover,
productivity, failed change
initiatives. Every measure related to
employees has a profound impact on
the bottom line numbers. Yet the
numbers (and the employees behind
the numbers) aren't the problem.
They are a symptom of the problem.
The problem is the way work has
been designed - for efficiency not
always effectiveness. Click to read more.
On-the-job
Training
Gianni Giacomelli of MIT Center for Collective Intelligence in his Future of
Work talk discussed how a company of 100,000 employees could be reduce
to 10,000 through AI. However, aside from the friction it would cause it
would be a total waste of talent. Upskilling & reskilling this workforce to
become an innovative powerhouse is the future of work. Click to read more.
Processes
Enterprises have spent decades
creating the most efficient
processes. But processes are
not a "set it and forget it" event.
According to Gartner Research
employees wasted 1.9 hours
daily hacking to get work done.
1.9 may not seem like a lot until
you understand the math. It adds
up to 3.1M wasted hours a year,
1568 wasted FTEs, & $78.4M
lost each year. Now those are
number worth paying attention
too. In light of all the items in
this report and the rapid nature
of change, processes need a
regular innovation maintenance
schedule. Click to read more.
Quality
Like never before customers,
employees, and stakeholders
have come to expect a quality
experience with an enterprise.
And the methods for publicly
sharing their experience with
the world is increasing daily.
While quality is an outward
expression, it is materialized
through inward innovation.
Click to read more.
ROIemotional Since the dawn of the Experience Age
the importance of Emotional ROI has
steadily increased. However, prior to
COVID19 little attention was given to
the emotional ROI of the employee
and its direct effect on the customer
emotional ROI or the business ROI as
a whole. Unaddressed this will
become an achilles heel. Click to read more.
SSales
ales
Sales is a process.
However, the process of
sales is only one side of
the equation. The process
is equivalent to the steps
of a dance. In addition,
there are the skills of the
lead dancer and the
experience of the follower.
Not to mention the
experience of the audience
watching. The innovative
principles of design
thinking takes clients from
the feeling of being sold to
the best experience
possible. Click to read more.
TEAMmanagement
The days of everyone
showing up to the same
office, doing the same
tasks are over. Employees
range from work-from-
home, contract, to outside
partners. Managing,
motivating and keeping
forward momentum is a
product of the new normal.
Today's leader must be
more than a manager, more
than a coach. Today's
leaders must lead by
design. Click to read more.
Click to read more.
According to Ted Talks The
Way We Work 92% of
employees would be more
likely to stay in their jobs if
their bosses showed
greater empathy. Empathy
is step 1 in the innovative
leadership principles of
design thinking. It is also
another reason I believe
Leading by Design is the
future of work.
User Experience
Valuation
Societal pressures are
changing the way
enterprise valuations
are determined. No
longer is valuation
solely measured by the
profits and benefits
provided to it's
shareholders. At an
increasing rate
valuation includes the
value brought to
customers, employees,
partners, communities,
and the planet.
Click to read more.
WClick to read more.
ork
from home
Covid has forced many
companies to embrace what
employees have wanted for a
long time - to work from home.
This change will continue to
impact innovation internally
and ultimately externally as
well.
In the information age
communication started and
ended with information. Not any
more. Users (including
employees) want you to show,
not just tell. Does information
align with interactions.
Performance suffers when there
is a misalignment.
Click to read more.
Xe perience
Click to read more.
Time and time again innovative
companies have proven that
yielding to the needs customers
has an overwhelmingly positive
effect on income yields.
Research is already proving the
same is true for yielding to the
needs of employees.
Come out of
nowhere like:
-pandemics
-natural disasters
-supply chain
interruptions
-social media fiascos
-govt regulations
Now more than ever the
Enterprise must be
adaptive and innovative.
Zanythings
Nomorereasonsnotto
bringinnovative
leadershipprinciplesto
yourenterprise.Timeto
scheduleyourleadership
teamforexperiential
designthinkingtraining.
Contact Karen Zeigler at
letschat@revampsuccess.com

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26 reasons Inward-facing Innovation is the Trend for the Next Decade

  • 2. Ashrinking workforce Before the pandemic, the numberof job openings exceeded jobseekers for over a year. Retireesare exiting faster than graduatesare entering. The talent pool isshrinking. Click to read more.
  • 3. BBbusinessmodel Silos and corporate hierarchies are broken. Covid accentuated the need for business model innovation. Today's world requires a brave, unbound, & adaptive business model. businessmodel Click to read more.
  • 4. Culture Inclusivity, diversity, and psychological safety are just a few of the reasons culture is on the list of reasons why inward-facing innovation is prevalent in the coming decade. Fail to address this issue & it will be your nemesis. ulture Click to read more.
  • 5. Data Tired of making the wrong data driven decisions? Data-driven decisions can be detrimental without the power of design thinking to confirm and calibrate the direction it is pointed. Data is a launchpad not a landing strip. Click to read more.
  • 6. EEco-friendly is becoming much more than a slogan. It's becoming a prerequisite for doing business with today's mega-corporations.Business operations that are eco-friendly are critical. Click to read more.
  • 7. F Covid-19 has forever changed not only how work gets done but also where. The build, fill and repeat growth model is gone forever. Innovating the use of existing locations & redefining what growth looks like in terms of facilities is priority. acilitymanagement Click to read more.
  • 8. Globalization Covid-19 has highlighted the good and the bad in globalization. Design Thinking and innovation will be the means to sort out which aspects of business uses a global approach and which aspects remain tied to the country of origin. Click to read more.
  • 9. Human ResourcesOnce upon a time HR led change management initiatives. Covid-19 flipped the script and the rapid need change is leading the way. The 40 year+ old methods of change management are overdue for innovation. Check out my application of Design Thinking to Change Management. Click to read more.
  • 10. Information age is dead We have transitioned to the Experience Age. Customers are not the only ones screaming for a better experience. So are employees. In fact, their productivity and performance depends on it. Failure to address this issue for employees and expect to see turnover rates increase.Click to read more.
  • 11. Job crafting Leaders have tried to infuse the why behind work but the companies why & the employees don't always sync. But they can.That's what job crafting does. Allows leader & employee to craft the tasks, relationships and meaning to the work that gets done. Click to read more.
  • 12. KeyBusinessRequirements As the rapid pace of change is now considered normal, key business requirements can no longer function as the starting point or a means to "set it and forget it". According to Forbes, truly innovative companies don't start there at all. Click to read more.
  • 13. Leadershipbydesign According Gartner Research the C-suites skills witnessing the greatest growth is Design Thinking. Up 174% over the last 3 years. In their research they listed 10 other skills that are important as well. The reason Design Thinking is at the top is it can positively influence every other skill on the list. Click to read more.
  • 14. MachineLearning&AI According to Harvard Business Review article companies will not only be required to rethink IT resources but also human resources. The delegation of the mundane tasks to AI will require redesigning the ways people work. Not to mention the necessity to determine how machine and people work together. Click to read more.
  • 15. NumbersLook at the numbers - employee satisfaction, engagement, turnover, productivity, failed change initiatives. Every measure related to employees has a profound impact on the bottom line numbers. Yet the numbers (and the employees behind the numbers) aren't the problem. They are a symptom of the problem. The problem is the way work has been designed - for efficiency not always effectiveness. Click to read more.
  • 16. On-the-job Training Gianni Giacomelli of MIT Center for Collective Intelligence in his Future of Work talk discussed how a company of 100,000 employees could be reduce to 10,000 through AI. However, aside from the friction it would cause it would be a total waste of talent. Upskilling & reskilling this workforce to become an innovative powerhouse is the future of work. Click to read more.
  • 17. Processes Enterprises have spent decades creating the most efficient processes. But processes are not a "set it and forget it" event. According to Gartner Research employees wasted 1.9 hours daily hacking to get work done. 1.9 may not seem like a lot until you understand the math. It adds up to 3.1M wasted hours a year, 1568 wasted FTEs, & $78.4M lost each year. Now those are number worth paying attention too. In light of all the items in this report and the rapid nature of change, processes need a regular innovation maintenance schedule. Click to read more.
  • 18. Quality Like never before customers, employees, and stakeholders have come to expect a quality experience with an enterprise. And the methods for publicly sharing their experience with the world is increasing daily. While quality is an outward expression, it is materialized through inward innovation. Click to read more.
  • 19. ROIemotional Since the dawn of the Experience Age the importance of Emotional ROI has steadily increased. However, prior to COVID19 little attention was given to the emotional ROI of the employee and its direct effect on the customer emotional ROI or the business ROI as a whole. Unaddressed this will become an achilles heel. Click to read more.
  • 20. SSales ales Sales is a process. However, the process of sales is only one side of the equation. The process is equivalent to the steps of a dance. In addition, there are the skills of the lead dancer and the experience of the follower. Not to mention the experience of the audience watching. The innovative principles of design thinking takes clients from the feeling of being sold to the best experience possible. Click to read more.
  • 21. TEAMmanagement The days of everyone showing up to the same office, doing the same tasks are over. Employees range from work-from- home, contract, to outside partners. Managing, motivating and keeping forward momentum is a product of the new normal. Today's leader must be more than a manager, more than a coach. Today's leaders must lead by design. Click to read more.
  • 22. Click to read more. According to Ted Talks The Way We Work 92% of employees would be more likely to stay in their jobs if their bosses showed greater empathy. Empathy is step 1 in the innovative leadership principles of design thinking. It is also another reason I believe Leading by Design is the future of work. User Experience
  • 23. Valuation Societal pressures are changing the way enterprise valuations are determined. No longer is valuation solely measured by the profits and benefits provided to it's shareholders. At an increasing rate valuation includes the value brought to customers, employees, partners, communities, and the planet. Click to read more.
  • 24. WClick to read more. ork from home Covid has forced many companies to embrace what employees have wanted for a long time - to work from home. This change will continue to impact innovation internally and ultimately externally as well.
  • 25. In the information age communication started and ended with information. Not any more. Users (including employees) want you to show, not just tell. Does information align with interactions. Performance suffers when there is a misalignment. Click to read more. Xe perience
  • 26. Click to read more. Time and time again innovative companies have proven that yielding to the needs customers has an overwhelmingly positive effect on income yields. Research is already proving the same is true for yielding to the needs of employees.
  • 27. Come out of nowhere like: -pandemics -natural disasters -supply chain interruptions -social media fiascos -govt regulations Now more than ever the Enterprise must be adaptive and innovative. Zanythings