Innovation and Organization ValuesWhat organization values have changed between the twentieth and twenty-first centuries that will impact the ability to lead innovation
Estrin (2009) refers to “five core values of innovation: questioning, risk taking, openness, patience, and trust” (p. 11). She links these values to a statement by Danny Hillis that focused on the systems required to translate ideas into “something effective” (p. 11). What has changed between the twentieth and twenty-first centuries understandings of values in organizations that effectively drive innovation
Look into the history of the financial services industry and determine what values changed from the late twentieth to early twenty-first century. Do the new values align with current organization design
Consider what values promote sharing and connecting in new ways that can lead to innovation as well as what values obstruct the alignment of firm architecture.
Estrin, J. (2009). Closing the innovation gap: Reigniting the spark of creativity in a global economy. Chicago, IL: McGraw-Hill. ISBN: 9780071499873
• Introduction, “Innovation is Not Optional,” pages 1–6.
• Chapter 1, “The Capacity for Change,” pages 7–33.
Christensen, C. (2007). Disruptive innovation. Leadership Excellence, 24(9), 7–7. (See attached)