In his talk at TEDx Koeln, Heiko Fischer builds a strong case for turning Human Resources on its head by enabling employees to become resourceful humans instead. He argues that businesses should be designed around a network of entrepreneurial teams contributing autonomously to the best interest of its customers. Fischer’s company, Resourceful Humans was awarded the Management Innovation Award for enabling democratic entrepreneurship at HAUFE. RH combines its maverick management framework with cutting edge networking technology like aiRH, to optimise work environments for people and products.
We bet you hear the word innovation at least a dozen times a day, if not more. Every single company seems to be thinking of, planning for, and somehow doing innovation in some way. With so many ideas, frameworks and success stories, how can you cut through the noise and capture what’s most relevant for your company?
Intrapreneurship is vital for all organizations to thrive in the 21st century – equally important for large firms, SMEs, and family businesses. Is there a proven recipe, a one size fits all approach to promoting intrapreneurship?
Innovation sounds easy, but it is not. The majority of enterprises report dissatisfaction with innovation performance. Three quarters of the CEOs of multinationals view external collaborative innovation as vitally important, but only half do it, and those only rate themselves as doing it ‘moderately well’. And remember – two thirds of organizational ‘change’ efforts fail. In case you are now asking yourself, why are these odds that low – we have a straightforward answer. It’s just one word.
Running a successful enterprise innovation management program can be a challenging mission. Multiple factors have to be considered,each of which affect potential outcomes. One key aspect is the level of support an innovation program receives from an organization’s management. Connecting the needs of top-down management with the strategy and architecture of an innovation program will always lead to greater levels of success.
Commonly the best way to initiate change is to enable leaders to pave the way forward. Mike Myatt is considered to be among the world’s top CEO coaches and today he tells IM more about his experiences working with real leaders who embrace change and innovation.