How did a company like Dow Corning go from Chapter 11 bankruptcy in 1995 to a complete turnaround today? Innovation. In the Heads Up on Organizational Innovation Weblog, Joyce Wycoff has posted a recap of a presentation on “Creating an Innovation-Rich Culture” by Stephanie Burns, Ph.D.
Joyce’s summary includes a list of the core competencies and values that Dow Corning employed to accomplish this remarkable turnaround, as well as a series of key lessons learned. Fascinating stuff!