It takes a complete ecosystem to deliver innovation

It takes a complete ecosystem
to deliver innovation

By Karthik Siva

Innovation fails to take off in most organisations because they do not have an ecosystem to make innovation happen. It takes more than an idea to deliver innovation. Great ideas often never get to see the light of day. They get prematurely rejected even before they are given a fair chance in most companies. Often the wrong person tries to sell an innovative idea to the leadership and fails. Many managers hope to make innovation happen in a business environment without the right process, tools, rewards and culture. This is a sure-fire recipe for failure. Occasionally, even when an idea is successfully sold and launched, it will at best be a one-off phenomenon or a lucky break.

In other words, if a robust and complete innovation ecosystem is not embedded in a business, it will not be possible to deliver innovation in a sustainable manner.

Innovation needs a robust architecture and framework. In other words, there will be no SPARK in a business without a SYSTEMIC approach. It is often said, it takes a whole village to raise a child. It works the same way with innovation. It takes a whole ecosystem to create, spark, sustain and deliver innovation.

A complete business innovation ecosystem comprises the following key elements shown in the bubble infographic.

GEX Innovation Ecosystem Framework

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It takes a complete ecosystem to deliver innovation

It takes a complete ecosystem to deliver innovation

By Karthik Siva

Innovation fails to take off in most organisations because they do not have an ecosystem to make innovation happen. It takes more than an idea to deliver innovation. Great ideas often never get to see the light of day. They get prematurely rejected even before they are given a fair chance in most companies. Often the wrong person tries to sell an innovative idea to the leadership and fails. Many managers hope to make innovation happen in a business environment without the right process, tools, rewards and culture. This is a sure-fire recipe for failure. Occasionally, even when an idea is successfully sold and launched, it will at best be a one-off phenomenon or a lucky break.

In other words, if a robust and complete innovation ecosystem is not embedded in a business, it will not be possible to deliver innovation in a sustainable manner.

Innovation needs a robust architecture and framework. In other words, there will be no SPARK in a business without a SYSTEMIC approach. It is often said, it takes a whole village to raise a child. It works the same way with innovation. It takes a whole ecosystem to create, spark, sustain and deliver innovation.

A complete business innovation ecosystem comprises the following key elements shown in the bubble infographic.