This is a partial preview of the document found here: https://flevy.com/browse/business-document/Strategic-Innovation-Management-Framework-28 Description: A framework to think about strategy and strategic innovation management. Applies the ideas of complexity theory and lean to management.

1. Innovation Management Framework
Strategic Learning  Market Scanning
Market Classification
 Business Intelligence
 Stable
 Insights  Non‐filtered Data
 Fluid  Heterogeneous Team‐building
 Turbulent
Technology
Scanning
Dissemination,
Dissemination, Refinement, & Emergence
Refinement, & Emergence
Discovery/Creation
Technology
Strategic Strategy Strategy Performance
Vision Development Execution Evaluation
 Overarching  Technology Assessment  Translation of strategy into
 Financial metrics such as
Goals/Objectives action
 Strategic fit cash flow, ROE, breakeven,
 Manufacturing Flexibility  Communication and contribution to sales
 Development of Objectives &
Self‐organization/Idea Champions
 Financial Flexibility Goals for Technology  Project management  Internal process metrics such
BUSINESS INTELLIGENCE
OPPORTUNITY RECOGNITION
as quality outcome
 Marketing Flexibility  Cross functional input  Assigning accountability
STRATEGIC FOCUS
 Employee development and
 Knowledge/Skill Flexibility  Evaluation of competencies  Resource management
learning
 Simple Rules  Financing plan  Vendor management
 Customer satisfaction
 Communication  Engineering/ manufacturing  Employee role rotation
 Benchmarking
 Marketing plan  Customer input/feedback
 Lessons learned from
 Sales & distribution plan  Budgets missteps
 Front‐line employee
involvement
 Strategic alliances
 Customer input
People – Communication ‐ Leadership Cross‐functional Integration Continuous Questioning/Improvement ‐ Innovation
New Technology Classification
* Incremental * Radical * Quantum