Reinventing Technology and Innovation Management Using a Three-Dimensional Approach

In recent years, we have observed turbulence across sectors of the economy, geography, technology, and business. This turbulence manifests itself in megatrends, natural disasters, and pandemics. The lifetime of organizations reduced to 24 years in 2016 and is expected to be 12 by 2027. We can see th...

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Veröffentlicht in:IEEE engineering management review 2021-09, Vol.49 (3), p.16-21
1. Verfasser: Gopalakrishnan, Abhilash
Format: Artikel
Sprache:eng
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Zusammenfassung:In recent years, we have observed turbulence across sectors of the economy, geography, technology, and business. This turbulence manifests itself in megatrends, natural disasters, and pandemics. The lifetime of organizations reduced to 24 years in 2016 and is expected to be 12 by 2027. We can see these changes across three dimensions demonstrated as trend storms, rate of change, and disruption. By identifying best practices across successful organizations, we propose a three-dimensional canvas and approach of applying agility and leadership to deal with the rate of change, trend analysis to take advantage of them, and identifying and nurturing change-makers in the organization.
ISSN:0360-8581
1937-4178
DOI:10.1109/EMR.2021.3097999