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As opposed to entrepreneurship, entrepreneurial thinking is not necessarily bound to entrepreneurs (to be); it is an essential skill for ‘strengthening human capital, employability and competitiveness’ (Bacigalupo et al., Entrepreneurship. That brings us to entrepreneurial thinking. Behind deep cognitive structures are deep beliefs.”
During a course we developed at Avans University this winter, we asked students to gather relevant business cases on innovation and entrepreneurship in order to analyse them and prepare discussions around organization design. This happened to us at SuperMac when our sales skyrocketed.
Why this typology: innovation management in organizations. Innovation Management focuses on creating and managing sustainable business (Crossan & Apaydin, 2010; Keeley, Walters, Pikkel, & Quinn, 2013). As such, a modern-day typology for innovative organizations should deal with ambiguity in organizations.
In december I reached out to both Alexander Osterwalder and John Bessant and asked them what is the most important organizational skill for engaging continuously with innovation. Their answers were almost the same: Osterwalder mentioned that every board should consist of both a Chief Executive Office and a Chief Entrepreneurship Officer.
The growing percentage of funds allocated to technology innovation clearly shows China's ambition on innovation leadership (source: Prof. Dr. HAN, Zheng , Chair of Innovation and Entrepreneurship, Tongji University Shanghai). Dr. HAN, Zheng , Chair of Innovation and Entrepreneurship, Tongji University Shanghai).
About the Author: Recognised in 2013 and 2014 by the public as one of Europe’s leading Emerging Technology and Disruption Strategy advisers Matthew Griffin works with global Accelerators, Analysts, Entrepreneurs, Investors, Governments and Fortune and FTSE multi nationals to help them reinvent themselves and adapt to new market conditions.
Your journey to reinvent your organisation using new 21 st Century principles will be difficult but with a clear vision and strong leadership you’ll find that you still have time to survive and that will be the topic of one of my future articles. Stay tuned for Industry 3.0.
You need to change your perspective, get back to ground level, network and listen and figure out how if the shoe was on the other foot you’d transform your industry and ruin your competitors and one day it might be you who rule the world (again).
Spread your net, broaden your horizons and be open to new approaches. Click and Connect with the Author: LinkedIn. mgriffin_uk. +44 44 (0) 7957 456194.
Techniques change though and this article will evolve over time as new ones come to the surface and while success is never guaranteed hopefully this article has gone some way to showing you that there are different ways to stack the odds in your favour. I hope that you’ve found this article useful and that it contributes to your success.
Average compensation in 2013 across the advanced industries sector was $90,000—nearly double that of workers in other industries. New investment decisions should place more value on “openinnovation,” which demands multichannel partnerships among firms, universities, and research labs.
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