The purpose of the Composable Innovation Framework is to provide a comprehensive and dynamic approach to innovation management.
It addresses the limitations of traditional innovation and management approaches, emphasizing collaboration, interconnectedness, and shared value creation within an innovation ecosystem.
In light of this shift towards an interconnected view of business ecosystems, the Composable Innovation Framework has also evolved to become sharper, more future-oriented, and more radical.
The framework focuses on flexibility, adaptability, and modularity, breaking down complex innovation processes into smaller building blocks that can be combined and reconfigured. It leverages technology, design thinking, and collaboration to drive innovation and achieve sustainable value and impact in the rapidly changing business landscape.
The post “Visualizing the Composable Innovation Framework” provides the series summary and complete explanation of the framework at the time of this framework launch.
Organizations in today’s business environment need to adapt rapidly and dynamically. They need to bring the innovation management process into constant technological advancement and tailor its design to their own specific needs rather than being “offered” as a rigid set of solutions. We need to embrace a significant change in the way we “set about” innovation.
Here’s how it is shifting in design and intent that differentiates it from traditional innovation approaches:
- From Linear to Network-Based: The framework now emphasizes innovation as a network-based activity rather than a linear process. It recognizes that innovation emerges from complex interactions across the ecosystem, not just from a predefined sequence of steps.
- Adaptive Architecture: The framework has become more adaptive, allowing for rapid reconfiguration of innovation components based on changing ecosystem needs. This goes beyond mere flexibility to true composability, where innovation capabilities can be assembled, disassembled, and reassembled closer to real-time.
- Ecosystem Integration: Rather than focusing solely on internal innovation processes, the framework now explicitly includes mechanisms for integrating with the broader business ecosystem. This includes tools and processes for collaborative innovation with external partners, customers, and competitors.
- AI and Automation: The framework has incorporated advanced AI and automation capabilities, not just as tools for innovation but as integral components of the innovation process. This includes AI-driven ideation, predictive analytics for innovation trends, and automated innovation portfolio management.
- Sustainability-Driven Innovation: Recognizing the growing importance of sustainability, the framework now includes specific components for driving and measuring sustainable innovation. This aligns innovation efforts with broader environmental and social goals.
- Cultural Transformation: The framework has expanded to include robust mechanisms for driving cultural transformation towards a more innovative, adaptive mindset across the entire organization.
- Data-Centric Approach: While data has always been important, the new framework places data at the centre of the innovation process, emphasizing real-time data flows, advanced analytics, and data-driven decision-making throughout the innovation lifecycle.
- Open Innovation by Default: The framework now assumes an open innovation approach by default, with mechanisms for managing intellectual property and value capture in a more open, collaborative environment.
The importance of interconnectedness is becoming essential in today’s world.
We need to recognize many changes are being undertaken
- Flattened Structure.
- Network-Centric Approach:
- Enhanced Collaboration:
- Openness and Permeability:
- Dynamic Interactions:
- Holistic View:
- Adaptive Capability:
- Value Co-creation:
The importance of considering this framework is that it recognises the shift in mindset and thinking towards a Building Block approach to build up the Innovation Stacks. Each stack “sits” on a technology platform. Thinking through what this means requires understanding, relating, and putting a clear context of innovation, what you want to achieve, and how to set about this.
We need a comprehensive enterprise solution that ‘carries’ innovation across and outside the organization, from seeking the best concepts and ideas to final execution.
I believe this vertical and horizontal design thinking in applying innovation stack and building block approaches, all “housed” on a technology platform ‘brings’ innovation and its management process into a central and eventually core part of the organization’s management of its business.; highly collaborative, adaptable, fluid, and modular to deal with complex challenges that require different thinking on a constantly evolving basis.
To find out more, please contact me to explore this Composable Innovation Framework and evaluate its value within your organization’s ambitions for growth and future ability to innovate in more open and progressive ways.
