Think INNOVATE! Think CLOUD!
One of the leading experts in strategy and innovation today. Professor, best-selling business author, advisor to CEOs and creator of the concept of “Reverse Innovation” that the Harvard Business Review considers the most important business idea of the decade … For Vijay Govindarajan the best strategy to compete in the market and create new companies is the “innovation” through the strategy of the three boxes:
- First box: Manage the present
- Second box: selectively forget the past — What is not working today? What things are not adding anything to our fall of value?
- Box 3: Create the Future, always think in the future — ¿What can we do to change and improve it?
Please go for this lecture soon: https://hbswk.hbs.edu/item/a-three-box-solution-to-managing-innovation
The first box “managing the present” consists of targeting current technologies. And the use of current functionalities, that is, it is about basing ourselves on today, the immediate, the day to day. This box gives us a short-term, it tries to be efficient to make use of our time and that the urgent does not beat the important.
The second box “selectively forget the past” and the third box “create the future” consists of the competition for the future, in targeting c future technologies, developing and innovating new skills.
The challenge of the third box is to “create the future”, and to create the future you have to “selectively abandon some things of the past” (second box), unlearn to learn new paths, old mistakes, bad habits, inefficient tasks, non-functional flows and ineffective efforts.
Here is a better abstract: https://www.hbs.edu/faculty/Pages/item.aspx?num=50752
For many experts, in the present and future times, innovation begins with architecture in the Cloud. We already know very well the great benefits that are obtained by building our strategies based on Cloud, but thinking about this one of the most important challenges in current times (the first box) and it is about managing cloud services, governing them, this it can become a challenge without the right cloud architecture, without the right squads, and without the right governance model for your organization.
We also know well that the Cloud Architecture that will have the greatest impact in the coming years will be the MultiCloud.
But how does cloud architecture drive innovation?
Let’s think about how to adapt our thinking, our models, following the Professor’s advice.
- First box: Using the right kind of cloud architecture enables organizations to solve their current pains. Businesses can tackle a wide variety of tasks with confidence, knowing that their network can handle the workload that is demanded today.
- Second box: Take out of the equation of your strategy, the elements that maintain a dependency on hardware, software, or services to third parties. Eliminate single points of failure, eliminate elements that do not allow a service or application to evolve, and above all, change the way you do things, at the development level, at the operations level, and at the investment level.
- Third box: Focus on adding value to your customers, on preparing yourself to respond quickly to the sudden changes that we live in these times, to the ever-changing needs of a hyper-connected and demanding world. Using a reliable cloud service provider that can take care of IT functions allows your organization to focus on non-IT tasks, which could be related to growth and diversification, but especially INNOVATION.
Lean on current technology to do so, use Data to make decisions, build resilient, scalable, elastic and distributed architectures. Build multidisciplinary teams with creative, courageous thinking, a thought that invites error, and that invites it quickly, to correct before our service/product reaches the hands of our users. Invite your organization to tune in to this World, a World that today speaks of Streaming, Social Networks, Microservices, and is already preparing for the future (Quantum Computing)
The day will come when quantum computers will be able to perform calculations beyond the reach of even the most powerful conventional supercomputer of the present, do not doubt it.
