Today, innovation is not an option for companies facing global markets. It must be actively pursued in order not to be cut-off from the market. Innovating means adapting to a series of changes, first of all competitive and market but also technological, operational, organizational, and cultural. Managing these changes reactively has a huge opportunity costs, and therefore a proactive approach is necessary.
To remain competitive, it is no longer enough to improve existing products and processes.
We are in an era of transformation, also accelerated by the thrust of digitalization, which involves products, services and processes by redesigning entire traditional business models from scratch and always rewarding those companies that prove to be truly innovative.
We must be daring, therefore innovation in the company must be replicable and planned in a continuous and reliable manner. We need a process and a mindset that involves and motivates all the resources that are part of the organization to build an environment capable of welcoming change and then unloading it on the ground.
The value of “diversity”
The innovative company must have suitable and qualified skills and professional managers from different cultures and disciplines, as well as constantly updated technological expertise, that can boost international professional paths and make up a differentiated corporate culture. The diversity of gender and origin is always a prerequisite for renewal and is a fertile ground for producing opinions, ideas, comparisons, “creative chaos” (only) from which innovations can arise.
To pursue only well-defined processes, designed to maximize efficiency, to have in the company only people who have mastered the specific experience, the repetition of activities and objectives, an R&D team made up of excellent “elderly” technicians, not very open to new stimuli and external and constantly self-referential, it may produce a well ‘lubricated’ company, but it makes it difficult to become skilled in experimentation and in the search for new ideas.
Companies are often quite innovative when they are young or when they are constantly contaminated by stimuli and cross-fertilization.
EIM – There Where You Need Us. Anywhere in the world.
EIM operates as an integrated global company from 30 offices around the world. Over the recent 35 years, we have developed a working relationship with more than 30.000 managers during 10.000 projects. We are able to support you anywhere in the world by closely monitoring the assignments of managers with very good experience of the culture and markets concerned.
Mexico, Shanghai, Mumbai, or Munich, despite the distance, you can count on the support of our local or international experts to ensure the success of your projects.
Bohuslav Lipovsky, Managing Partner EIM Executive Interim Management CEE Together we can find the solution you are looking for