Mythical Innovators – The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Unicorns In the last post, I discussed the three stable states in the Innovation Matrix. These are the places where Innovation […]

How Much Innovation is Enough? The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Fit for Purpose and World Class Innovators In a perfect world, as firms increase their Innovation Competence, their Innovation Commitment, should […]

Bewildered Innovators – The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Bewildered Organisations that are Thinking About Innovation have two directions they can take. Ideally, they will improve their Innovation Competence, which […]

Starting Out on the Innovation Journey – The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Thinking About Innovation If you are starting out with no innovation capability, what is the first step that you should take […]

Accidental Innovators – The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Accidental Innovators This is a very interesting category. It includes firms that have little Innovation Commitment but who nevertheless actually have […]

Firms That Are Terrible at Innovation – The Innovation Matrix

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Not Innovating Very Much Firms that have no Innovation Commitment and no Innovation Competence unsurprisingly have limited innovation capability. Characteristics Firms […]

The Innovation Matrix Explained: Innovation Competence

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Innovation Competence Innovation Competence is the second axis of The Innovation Matrix. One of the key insights from The Innovation Matrix […]

The Innovation Matrix Explained: Innovation Commitment

Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Innovation Commitment Innovation Commitment is one of the axes of the innovation matrix. One of the key insights from The Innovation […]

The Innovation Matrix Reloaded, Again

I’ve continued to test out the ideas behind The Innovation Matrix with senior managers, and it seems to be working its way towards becoming a useful tool. As I do this, it continues to evolve. Today, I am going to revisit The Innovation Matrix as a broad concept, then over the next couple of weeks […]

Don’t Follow Your Dreams, Follow Your Effort

We repeatedly see survey results that say that CEOs think that innovation is a top priority for their firm. And yet, these same surveys also say that most CEOs are unhappy with their innovation efforts. Why is this so? Here’s an example – a report from a couple years ago in McKinsey Quarterly. They surveyed […]

Innovation Mistake: Thinking Tools Will Fix Your Problem

I had lunch a while back with two executives from an organisation that the Business School does a fair bit work with. They wanted to improve innovation and that’s what triggered our meeting. We talked for a couple of hours about what was happening in their organisation. We talked about innovation as a process, the […]

Searching for Unicorns: The Innovation Matrix

Thanks to everyone that has made comments and suggestions on The Innovation Matrix Reloaded. I’ll continue to incorporate your thoughts and ideas as the concept evolves. With that in mind, today I’d like to ask for some help. First, let’s take a look at the Innovation Matrix again – I’ve highlighted the two categories I […]