Tuesday, April 18, 2017

Will Idea Management be an Option or an inevitable Institutional Obligation for Futuristic Organizations?

Nearly a decade ago, when Sudhir met me, he was a depressed young man, a victim of the explosion of the IT bubble. With his dreams of entrepreneurship shattered and business back to its ground state, he became an epitome of pessimism. Just encouraging him to redeem his self-esteem, I suggested to him several ways to use his knowledge and skills to reopen the corridors of his business.

“You should be able to make a couple of crores in a year if you do it honestly and passionately” I said.

He looked into my eyes penetratingly.

“Great Sir! If that is possible, why are you not doing it?”

I smiled. “Doing business is not my cup of Tea. I am just an idea manager. I can help in generating ideas and facilitate navigation of those ideas safely and productively so that they fructify and bear fruits. But…..Business….. I am not that stuff.”

Idea Management is both an art and a science. On the concluding note of its profile, it also carries a post script: “Add -common sense!”  Culturing and mentoring ideas is not every one’s ball game. It requires certain specific emotional and professional skills.

“Great minds discuss ideas; average minds discuss events; small minds discuss people” said Eleanor Roosevelt.

In any organizational set up, everyone can have ideas. Ideas may be flowing downstream the canals of the brain, and sometimes may flood and drive an individual to a level of madness. Sometimes an idea may strike you from nowhere and one might have “wow” experience. One might even feel standing at the top of Mt. Everest, having conquered it through an intellectual labour. That doesn’t mean the person can incubate those ideas and deliver their intent. It requires strategic thinking skills which drive synergy of thoughts and synthesis of processes, products, objectives, markets and their futuristic trends. Specialized skills are required to cognize the DNA of these ideas, their relevance, positioning, integration, their impact on the existing ideas and their practices It is also important to examine in hindsight, the possible outcomes of their incubation, navigation and management; and this requires a pragmatic insight into the existing status of the business and its environment - and hence a competent  ‘Thinking Head.’

Some issues relating to Idea Management at an organizational level are:

a.   Often most ideas are born out of subjective experiences, and contextual wisdom; hence  they might need a re-positioning to a broader base for a collective consideration of its macro and micro impacts; and then enabling them to manifest into a ‘shared vision’, even if it is in a smaller scale.

b.   Quite often Ideas come with a huge burden of passion and resultant emotional hangovers and hence might have to be ‘sanitized’ to become really pragmatic.

c.    Ideas with marginal value addition and scale may not have a productive and profitable outcome. Hence, they often carry just a book value. Sometimes they are by-products of observations of a crisis and may only have an effervescent life.

d.   Ideas may need to be “cultured” and “mentored” – to ensure their social and ethical acceptability and their strength in fighting ‘brands’ – that have forced  “learned helplessness” in the markets and its consumers, whose thoughts and consumer behaviour, are bottled into occult mindsets

e.   The ‘life cycle’ of an idea needs to be understood and examined before its effective implementation to consider its stability and sustainability.

In several organizations, “Project feasibility studies” do consider certain components of the above. Nevertheless, projects are considered more on operational and fiscal domains and not as an “idea culture” proposition.

Discussions, brain-storming and critical reviews in organizations may contribute to the deliberations in culturing ideas, but they don’t take the ownership of this specific process. And finally when something goes wrong, one could find almost ninety-percent of the participants coming with the comment “I told you long back”, “ I know it will not work”, and ‘who listens to me?” and several other statements claiming their total dissociation with the entire process. A group of “idea managers’ in IMT could as well take the ownership and responsibility in lieu of the above.

On certain occasions, in organizations where the ‘will’ of the ‘powers that be’ alone operates, ideas are pushed into the gullets of the ‘geese’ in the organization, expecting them to ‘hatch golden eggs’ sooner than later. And finally when things don’t work, the geese are sacrificed as ‘betrayers’ of confidence.  A professional IMT can avoid such excesses in organizations as intermediaries for idea process management.

Every organization, sensitive to its future, would need a set of people who will be their “idea managers” – who will be the architects and artisans of the future of the organization, if it must ensure its growth without compromising on its sustainability.

Idea Managers will not only be having “foresight” as well as “insight” of the change dynamics, but also will be ‘strategists’ who would control the design and furtherance of ideas into the process flow of the organizations.

Why do organizations need these ‘cool heads’ ?
1. 
     Market forces and new markets will force organizations of all types to be continuously evolving and competing.

2.   Speed of irrelevance of knowledge, skills, processes, products and life styles would be continuously producing new generations of consumers and hence  would call for continuous reinvention of products and systems.

3.   With the life cycle of processes and products declining fast, organizations will have to periodically discover themselves and learn from the myths of phoenix birds. (Taking a re-birth from their own ashes)

4.   Sharpening the axe on a day to day basis will put huge pressure on all business systems as that alone would help in cost-cutting in cost conscious markets.

5.   Integrated thinking and dynamic thinking would be the tools and instruments for enterprise management of all new as well as old organizations.

6.   Re-engineering the human-ware of old organizations will be more difficult than installing new structures.

All these and more would need effective deliberations of ‘Think-Tanks’ on a routine basis.

The idea management team, an affiliate of the Think-Tank, will house expertise from different structural lines of the organization, with its head playing a unique leadership role. He should be interacting only with ‘top-level’ management so that leakage of ideas do not lead to policy crisis, piracy or “disruption” in the latent process.

Idea-management team in an organization is a preventive shield against unpredicted ‘catastrophes’. They also slowly develop a culture within themselves to seek ‘alternatives’ in moments of crises.

In the introduction to his book “The Future of (Almost) Everything” Patrick Dixon, cautions against the risks of ‘Institutional Blindness’ of all organizations as a possible challenge to their growth. His caution deserves both attention and action.  

To enlighten themselves to a futuristic path, there is a compelling need for every organization to be a ‘Learning Organization.’ Peter Senge outlines the features of Learning Organizations as “Organizations where people continuously expand their capacity to create the results they truly desire, where new and expansive patterns of thinking are nurtured, where collective aspiration is set free and where people are continually learning how to learn together.”

The future holds promise for such organizations and the objective of the “Idea Management Team” should be to achieve this goal.

Organizations, planning for their future strategies, should, therefore, answer the question – “ Is Idea Management an option or an institutional obligation?”

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