A framework to think about strategy and strategic innovation management. Applies the ideas of complexity theory and lean to management. http://flevy.com/browse/business-document/Strategic-Innovation-Management-Framework-28

1. Overarching
Goals/Objectives
Manufacturing Flexibility
Financial Flexibility
Marketing Flexibility
Knowledge/Skill Flexibility
Simple Rules
Communication
Technology Assessment
Strategic fit
Development of Objectives &
Goals for Technology
Cross functional input
Evaluation of competencies
Financing plan
Engineering/ manufacturing
Marketing plan
Sales & distribution plan
Front line employee
involvement
Strategic alliances
Customer input
Translation of strategy into
action
Communication
Project management
Assigning accountability
Resource management
Vendor management
Employee role rotation
Customer input/feedback
Budgets
Financial metrics such as
cash flow, ROE, breakeven,
and contribution to sales
Internal process metrics such
as quality outcome
Employee development and
learning
Customer satisfaction
Benchmarking
Lessons learned from
missteps
STRATEGICFOCUS
BUSINESSINTELLIGENCE
Technology
Discovery/Creation
Continuous Questioning/Improvement InnovationCross functional Integration
Strategic Learning
Technology
Scanning
Insights
Market Scanning
Business Intelligence
Non filtered Data
Heterogeneous Team building
OPPORTUNITYRECOGNITION
Selforganization/IdeaChampions
People – Communication Leadership
New Technology Classification
* Incremental * Radical * Quantum
New Technology Classification
* Incremental * Radical * Quantum
Market Classification
Stable
Fluid
Turbulent
Dissemination,
Refinement, & EmergenceDissemination,
Refinement, & Emergence
Innovation Management Framework
Strategic
Vision
Strategic
Vision
Strategy
Development
Strategy
Development
Strategy
Execution
Strategy
Execution
Performance
Evaluation
Performance
Evaluation
This document is a partial preview. Full document download can be found on Flevy:
http://flevy.com/browse/document/strategic-innovation-management-framework-28

2. 1
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