Please, not another business imperative! Every time I open a journal or glance at a blog it seems as though the panacea to all business ills has just been discovered and is waiting for me to embrace it! One minute I’m being told to hire for cultural fit, the next to increase diversity. It’s no wonder that employee engagement is falling because if I’m being pushed from pillar to post then it’s not surprising that my people are confused……
85% of UK workers believe the strategic objectives of their employers could more easily be met through innovative approaches. Fortunately, the innovation discussion in business is progressing. Yet although most organisations acknowledge the desperate need for change, they are still at a loss when it comes to taking action. Workforces are a goldmine for the insight needed to drive change in an increasingly competitive business environment – but this knowledge must be captured to unlock innovation.
The corporate industry is defined by its powerful, charismatic leaders who articulate their company’s innovative measures through bold and confident public announcements. If corporate culture can be likened to the backbone of a business, then the leaders are like the vocal box. They take the reins during meetings, deliver presentations and speak at a variety of different conventions and gatherings. These individuals become the face of their industry, and would surely be described as extroverts by most.
A group of 80 senior Innovation and HR leaders from a range of Fortune 500 organizations and leading universities recently gathered in New York City to discuss the opportunities, challenges and solutions to identify, support, and drive value from intrapreneurs.
When taking methods of innovation leadership into your own place, what considerations do you have on the physical workspace? Does it matter? If so, why? What are the essential pointers, and which aspects are so important that you should not compromise and where can you be flexible? This article aims to show how experts in innovation leadership think about space.
Think of the future. Go on! Now tell me honestly what is the furthest point in time that you imagined. If it was three years then I’m not surprised. After all, in business three seems almost to be some sort of talisman. We have three year business plans, 2-3 year product development cycles and of course there is that ubiquitous interview question about where you see yourself in three year’s time.
Whether leaders are the captain of a team, the head of a household or the president of a company, their quest usually revolves around one thing: success. Quality leadership skills are often hard to measure on a daily basis, but their long-term effects are obvious and undeniable. Leaders are a lot of things and contain many traits, but there are five essential habits that, if practiced and pursued in an honest and consistent fashion, can help turn anyone into a leader and enable them to create their own success.
In this IM Channel One webinar authors Jamie Notter and Maddie Grant share research from their latest book, When Millennials Take Over: Preparing for the Ridiculously Optimistic Future of Business, which identifies the four key capacities that must be developed inside organizations in order to successfully engage employees in the innovation process.
Employers often seek cost effective, informal ways to enhance office culture. These strategies usually involve improving channels of communication in very basic, informal ways. But every company is not the same. Small companies have the advantage of creating a unique culture with no visible boundaries. So how can these organizations take advantage of this?
The power and freedom that entrepreneurs and their startups embody is reinforced through a constant stream of media highlighting success, purpose and (mostly bullsh*t) bucolic work environments. As the global economy improves, business leaders of established corporate organizations need to consider how they can introduce an entrepreneurial spirit. Intrapreneurs are the answer, and this article provides a high level overview.
When new ideas are voiced in your company is the typical response ‘yes but…’? If so, you’re really saying ‘No’ and closing the door on new ideas and open-minded employees. Paul Sloane says we could all learn a lesson from Amazon CEO Jeff Bezos by implementing the Institutional Yes.
It’s follow my leader time for the world’s stock markets. Concerns over the state of the Chinese economy have seen markets plunge into freefall, only for some to bounce upwards again a few hours later. At the time of writing, markets are still in flux with analysts divided on the eventual outcome.
Over the past couple of years, the services and solutions offered by innovation vendors have quietly shifted in new and interesting ways, with direct implications for corporate innovation leaders. Given that it is the middle of a long hot summer, I thought that it might be timely to outline some of the changes that I see taking place, and their impact on innovation leaders going forward.
What do non-consumption, organizational friction and market failure have in common? These days, everyone is “innovating” to find the next big thing. But where do you start? One way is to try and think of innovation as having mass, and therefore it cannot be created from truly nothing. Innovation must start somewhere, and it must start with something that already exists.
May 27, 2015 | By: Fredrik Harenstam, Ben Thuriaux-Aleman & Rick Eagar | In: Organization & Culture, Strategies
Most companies recognize the need for breakthrough innovation – it can change the fundamental bases of competition, “rewrite the rules” of an industry and transform the prospects of the successful innovator. There is no one-size-fits-all model for how best to respond to this challenge. Arthur D. Little surveyed over 80 large organizations to explore how to deliver a consistent pipeline of radically new products, performance features, business models and market space.