Apparently Singapore has been ranked the 6th most innovative county in the world. Recently 8 innovation leaders in Singapore were asked to share their thoughts and secrets on what works.
One of the strong themes which came out was how much the culture, perceptions and mindset of business leaders affects the ability of a business to innovate.
They used a number of approaches to over come this, e.g. by trying to adopt a learning culture, by evisioning the "bank of the future" or focusing on key objectives and KPIs the business wants to achieve and working out strategies to "move the dial". One company tries to find a unifying principle by exploring key leaders aspirations, fears and "journey" to find something that they all agree to be the guiding principle for their strategy.
The other key theme which came across was how much they relied on experimentation, prototyping and piloting to help align people and test hypotheses, proving what works and learning from failures.
This is a great vindication of the approach set out in the Way of DAU or Digital as Usual,
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