Why Holistic Innovation Matters
Innovation/Invention was always important in the business world as it was the foundation of creating and sustaining enterprises … and entire societies. Without innovation enterprises and societies struggle to survive. Our old style of innovation (based on previous Industrial Revolution models) is phasing out as the 4th Industrial Revolution (a.k.a. Industry 4.0) mandates a dramatically different innovation model. The new model is based on new forces, factors and dynamics, such as:
- The Digital Age/Digital Economy
- The Conceptual Age
- Creative Disruption / Creative Economy
- The Shared Economy Era
- The Virtual Age / Virtual Economy
- The Relationship Economy; E2E or Collaborative Economy
- The Cognitive Era, The Petabyte Era, The Smart Era
An enterprise must know what the impacts of all of the above are in order to develop powerful, vibrant and adaptive business and innovation ecosystems. As a matter of fact, smart enterprises are merging the two ecosystems into one. But in order to achieve that, one must have the right business and technical infrastructures that can handle and leverage innovation/invention the planned and effective way.
Holistic Innovation is now the number one strategic weapon that will propel smart enterprises and entire nations into the future, and create wealth of unimaginable proportions as new creative disruption-based innovations will reinvent every industry and every profession. We are at the cusp of reinventing civilization!!!
