Sustainable Growth and Profits

Managing Your Innovation Strategy, Organization and Portfolio
CHAPTER 2BASIS OF CHAPTER 9

TABLE OF CONTENTS

  1. Introduction to sustainable growth and profits from managing your innovation strategy, organization, and portfolio
  2. The changing role of strategy
  3. The changing role of leadership
  4. External analysis
  5. Internal analysis
  6. Organizational design
  7. Leading change
  8. Portfolio and platform management
  9. Artificial intelligence and innovation
  10. Business ethics and innovation
  11. Epilogue

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AUTHORS

Magnus Penker is an internationally renowned thought leader on innovation, digitization, and business transformation. He has spoken at prestigious global forums and events including the Global Peter Drucker Forum, top-ranked international business schools, a variety of associations, and some of the world’s largest companies.

He has been honored with two Business Worldwide Magazine awards for his achievements, the “Most Innovative CEO Sweden 2016” and “Growth Strategy CEO of the Year Sweden 2016” awards. Additionally, he has launched ten startups and has acquired, turned around, and sold more than thirty European SMEs.

Through his best-selling American books on digitization and IT engineering, and his more than twenty years of experience as a management consultant and business leader, Mr. Penker inspires leaders to find a new way of thinking and organizing to stay on top.

For the past eight years, he has used his practical and theoretical insights to develop InnoSurvey, a leading methodology and global innovation database that is used for business analysis and support to companies, business leaders, and scientists around the world. Today, Mr. Penker is the CEO and founder of the Innovation360 Group, headquartered in Stockholm, Sweden, and New York in the United States.

Mr. Penker is driven by the recognition that in these turbulent times, we must understand our core strengths and determine how we can use those capabilities and competencies to create advantages in a globalized market with endless possibilities. The global map is being redrawn at speeds never before seen, and historically low interest rates are attracting capital to global digital-risk projects that will further strengthen this movement.

Mr. Penker has a BSc in Computer Science (CTH, Sweden) and an MBA from the Henley Business School, England.

Peter Junermark is an acclaimed trainer who has brought his skills to some of the world’s most recognizable brands. As a leader of Innovation360 workshops, Peter specializes in bringing disruptive technology and breakthrough projects to life. He is the senior software architect and lead developer with primary responsibility for the platform supporting the tools of the Innovation360 Group.

Before joining the Innovation360 Group, Peter was cofounder and a senior manager at Open Training Sweden’s Gothenburg office. During his long-term consultancy at the Volvo Information Technology headquarters, Peter built learning-management and competence-management systems.

As one of the initial contributors to the Innovation360 Framework, Peter brings to this series of volumes a deep understanding of the theoretical foundations of his work. Peter’s training background and logically ordered thinking proved to be invaluable in explaining the most complex relationships in plain language with examples that are easy to visualize.

Peter holds a master of science in computer engineering from Chalmers University of Technology in Gothenburg, Sweden. His latest projects involve the investigation of cutting-edge AI that expand on agile methodologies and establish an easily sharable set of coding principles.

Peet van Biljon is a sought-after executive advisor on innovation strategy and business ethics. He is founder of BMNP Strategies LLC, an advisory company, and an adjunct professor at Georgetown University’s McCourt School of Public Policy, where he teaches a graduate course on innovation. Peet is a senior advisor to Innovation360 Group, and chairs the Innovation Council at Capital Expert Services. He serves on several IEEE committees setting ethical standards for artificial intelligence and robotics. Peet specializes in ethics-driven innovation®, an innovation process he developed to help clients design successful business models that meet the highest ethical standards.

Peet managed the Global Innovation Practice at McKinsey & Co for five years. He is recognized as an expert on a full range of innovation topics, including innovation strategy, portfolio/pipeline management, generating and launching new innovations, and organizing innovation. Prior to that he led several executive programs on innovation, strategy and operations at the Corporate Executive Board (CEB, now part of Gartner), and served as a global operations executive at an enterprise software company (now part of IBM). Earlier Peet led technology and large development projects in aerospace (e.g. Honeywell) and defense electronics.

Peet has co-authored articles on innovation published in MIT Sloan Management Review, Research-Technology Management and on McKinsey.com. He has published a book on ethical business leadership, “Profit with a Higher Purpose”, and co-authored a chapter on business ethics and corporate social performance for a graduate academic textbook (in press 2017).

Peet holds a engineering degree from the University of Stellenbosch in South Africa, and accounting and economics degrees from the University of South Africa. He is licensed as a Professional Engineer in Ontario, Canada.

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