open & connected innovation: implications for organizations and leaders

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Open & Connected Innovation: Implications for Organizations and Leaders #smwMannaz SMW Social Media Week

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Open & Connected Innovation: Implications for Organizations and Leaders. How the internet is rapidly changing businessmodel, and require all organizations to innovate. But how to build leaders and organizations to promote innovation in an open and connected environment

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Page 1: Open & Connected Innovation: Implications for Organizations and Leaders

Open & Connected Innovation: Implications for Organizations and

Leaders #smwMannaz SMW Social Media Week

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#smwMannaz

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It’s a Game Changing New Reality

Castell: The Rise of The network Society, 2010

“The shift from traditional mass media to a system of horizontal

communication networks organized around the Internet and wireless communication has introduced a

multiplicity of communication patterns,

at the source of a fundamental cultural transformation, as virtually becomes an essential

dimension of our reality.”

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”The future is already here! It’s just not evenly distributed.”

New technology

• Social media

• WEB 2.0

Hyper individualism

• Cyborgs

• Generation whY & Z

Globalisation

• Global world

• Local village

Economy

• Shared consumerism

• Collaborative economy

New ways of working &

innovating

New ways of leading &

communicating

New ways of organising &

connecting

New ways of producing &

value creating

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• Disruptive innovation

• Hyper competition

• Big data = new oil

• Agile strategising

• Customer is king

• Transparency

• Interconnectivity

• Employee branding

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VUCA

V = Volatility U = Uncertainty

C = Complexity A = Ambiguity

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1. Diminishing returns of innovation

2. Increasing Commoditization

3. Diminishing returns of capital Employment

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“I saw all the signs, but didn’t recognize the significance of it!”

Allan Greenspan in 60 minutters 2007

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What got you here

Won’t get you

there

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The complexity of a system needs to mirror the complexity of

its environment

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“It is not the strongest of the species that survive, nor the most intelligent, but the ones most responsive to change.”

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Strategic agility

1.A strong identifying & ambitious WHY

2.Focus on development and training

3.Shape shifting – not restructuring

4.Flexible budgeting

5.Speed and flexibility

6.Exploring new opportunities

7. Innovation is the Norm

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Indsæt tekst eller deaktiver visning af sidefod

Side 16

Openness Sharing Diversify

Interactive

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Wirearchy

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• Applying new ways of learning and innovate

• Transparent WHY and purpose (what)

• Integrated with its knowledge ecology

• Balance openness and continuity

• Sharing and interacting with its community

• Flexible dynamic loose system

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Holacrazy: Holacrazy.org

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Leadership in a VUCA WEB 2.0 World

• Leadership is an collaborative activity rather than a position

• Leadership is a collaborative phenomenon

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From ‘Shell’ to networked leadership

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What is collaborative leadership?

• Link and network creator

• Attracting many diverse talents

• Modelling collaboration by showing the way to avoid eternal discussions

• Authentic leadership

• Transparent Decision Making

• Resources are action

• Clarify link between the decision, responsibility and goal

• Technological dexterity

• Cultivate selfleadership

• Relations build on trust and engagement

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V = Vision An intent that seeks to create future

U = Understanding Stop, look and listen louder

C = Clarity Make sense of the chaos

A = Agility Wirearchy is rewarded over Hierarchy

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