Best Practices2020-09-12T08:42:25-07:00
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8 Tips for Startup Entrepreneurs During COVID-19 Crisis

March 19th, 2020|

The coronavirus pandemic is turning out to be an international economic crisis, with ramifications for all industries and markets, similar to the crisis of 2008. A cross-border economic crisis affects companies large and small, challenging an organization's management and its employees.

Charisma is Important for a Leader, But There are Other Qualities to Consider

May 25th, 2017|

It is important for any group or organization to have one or more strong leaders. To be a leader, it is critical that an individual has charisma as it will increase the odds that others will follow their words and believe in their ideas. However, charisma is not the only thing that an individual needs to be a good leader. What are some other qualities that are just as important?

Florence: Lessons from a Global Innovation Hub

April 24th, 2017|

While discussing innovative cities, one can’t help but think about those that were major catalysts for change in the past: Athens, Istanbul, Hong Kong, and Florence, for example. But how do they compare to more modern innovation hubs such as Silicon Valley, London, or Singapore? In this article, we’ll look at Florence - and 10 recognizable and applicable elements that contributed to its success throughout the 14th, 15th, and 16th centuries. We’ll also look at how Florence spurs innovation today.

Transferring Innovation Skills to Newbies: Fact or Fiction?

March 7th, 2017|

Expert innovators know from experience how to innovate while minimizing hassle, needless tasks and wasted effort – they’ve been successful (and unsuccessful) countless times through trial and error. Using flight simulators and surgical learning tools as examples, it’s been proven that teaching veteran skills to ‘newbies’ isn’t science-fiction, especially in more ‘exact’ disciplines such as medicine and math. But is it possible to design a crash-course that teaches young and inexperienced innovators the less-definable skills, attitudes and insights necessary to ideate, champion and implement without having to go through all the awkwardness of being a rookie? We think so, and here’s why.

Making Innovation More of a Science And Less of an Art

February 21st, 2017|

One of the greatest challenges facing innovation professionals is to find the right approach to a given innovation problem. Whether that’s instilling the innovation mojo in a large corporation or simply helping teams become more innovative, the ways to do this seem to be more of an art than a science. However, during the last ten years there has been a strong push to turn this art form into more of a science.

5 Counterintuitive Management and Innovation Tips From Rising Leaders

September 20th, 2016|

Business these days might as well require us to be tactical geniuses because it’s like navigating a field of landmines. One wrong step can completely blow you out of the water. The risks obviously aren't keeping everyone at bay, as new leaders are rising to face the challenges during these fast-paced, turbulent times. To help them on this quest, great leaders and managers of today share their most valuable management and innovation tips.

What are the Key Innovation Challenges?

September 19th, 2016|

Innovation has become a business mantra and a word that threatens to lose all meaning every time it’s uttered at another conference or thrown into another book title. But in spite of its omnipresence it continues to be essential – a growing field – and one of the only practices that might save businesses from extinction.

Creativity is not Enough: How to Turn Ideas into Revenue

June 28th, 2016|

“Eureka!’, Archimedes famously howled, while running butt naked through the streets of Syracuse. Soaking in his bath tub, the bearded Greek inventor had just discovered a new method of determining an object’s volume. Funnily enough, this well-known story captures two myths about innovation. One: it’s the work of a sole – and usually slightly eccentric – inventor. Two: chance has a part to play. For businesses, the reality is vastly different. Indeed, turning ideas into revenue requires quite a bit more than just ideation and luck.

Opening the Floodgates of Innovation: Insights from Deloitte Innovation Day

June 27th, 2016|

Take a quick glance around your office. What do you see? Categorically “Start-up” types in t-shirts and jeans passing bottles of craft beer around? Or “Suits”, with their collars starched to perfection, hunched over their laptops and scrambling away at emails? What would happen if we flipped these scenarios around? I for one, would love to see my accountant rock up to work in a Hawaiian Shirt; a calculator in one hand, and a piña colada in the other. But what difference would this make?

The (Non)Sense of Employee-Focused Innovation Training

June 6th, 2016|

A lot has been written about Innovation Training in the recent past. At Culturevate, we clearly see the sense of such training, but there are some important conditions that needs to be met for these efforts to generate long-term impact for an organization. Not all companies understand these conditions, which often leads to mediocre results and missed opportunities. One extra difficulty is that a good Innovation Training should be driven by and aligned with several functional parts of a large corporate organization.

12 Tips for New Business Owners in the First 12 Months of Their Company’s Life

May 4th, 2016|

If you are starting a new business you may be feeling a little overwhelmed by the number of decisions you need to make. You may wonder what secret tricks successful business owners used to ensure that their companies grew in the right direction. Here are twelve tips that you should use in your first twelve months in order to make sure that your company has the best chance to succeed.

10 Ways to Reduce the Innovation Failure Rate

December 4th, 2015|

You are not able to stand still in this fast paced business environment, but most of the time innovation fails. Innovation process-expert Robert Cooper shows that of every seven new product/service projects, about four enter development, 1.5 are launched, and only one succeeds. Innovation is so difficult to master, indeed. I love to share with you five reasons why innovation goes wrong and give you ten ways to reduce your failure rate of innovation.

5 Management Mistakes You Don’t Realize You’re Making

November 26th, 2015|

The dictionary defines management as, “the process of dealing with or controlling things or people.” Sometimes, managers don’t understand why their team does not function cohesively. Below are five management mistakes managers don’t realize they’re making and tips to avoid these missteps.

10 Best Board Practices on Innovation Governance – How Proactive is your Board?

October 19th, 2015|

All global business and technology trends point in the same direction: there is a need for more proactive and far-sighted management of innovation. Innovation for business reinforcement and growth – and for transformation in particular – are, of course, the prime responsibility of top management. Innovation governance – a holistic approach to steering, promoting and sustaining innovation – is thus becoming a new management imperative.

10 Commandments of Effective Crowdsourcing

January 7th, 2015|

For the companies which have embraced the crowdsourcing mindset in their business processes, the motive is more than just outsourcing. It's about better collaboration, better innovation outcomes and ultimately superior value. But like many other new business models, some fail and some succeed in accomplishing this mission.

Five Ways to Make Your Innovation Culture Smell Better

December 17th, 2014|

When it comes to fostering continuous innovation, most organizational cultures stink at it. Industry research provides some interesting statistics which highlight that innovation is not easily obtainable and that companies are not innovating fast enough to repel the unrelenting threat posed by new market entrants with declining barriers to entry.

Working the Crowd – Don’t Get Lost

November 19th, 2014|

Utilising crowd led approaches to create value is increasingly familiar in both the literature of business comment and reporting and through our own experience. Crowdassets, as we refer to them, represent a profound and enduring source of innovation and we must adapt and respond to this opportunity. In the fourth of a series of articles focused on Innovation Culture, we are going to provide a more holistic view of the concepts as well as the means to embrace the growing opportunities presented by the crowd empowered ecosystem.

The Critical Lead Time to Eruption in Brainstorming Sessions

November 18th, 2014|

Dr. Stephen Sweid has conducted more than a hundred structured group brainstorming sessions in recent years, as well as many one-to-one discussion sessions as a consultant and trainer. He has observed a number of common patterns related to timing and evolution of the brainstorming process.

It Works! The ‘Results Equation’

September 15th, 2014|

We are moved by goals. The resolve to reach the finish line pushes us forward: at work, in life. Why then do we keep idea management initiatives alive when it’s not clear what results they deliver (if any)? And how often have we yearned for a formula that definitely makes it all happen?

4 Things to Think About When Launching Your Innovation Program

July 7th, 2014|

Launching an innovation program is challenging for a number of reasons. Most of the time, champions of innovation face two main problems: 1) the general challenge of coordinating the various aspects of the innovation department, but also 2) educating the rest of the community about the value of innovation and how it will impact them. Addressing some of the main questions or challenges right off the bat paves the way for innovation success later.

Forecasting Success in Innovation Teams

May 28th, 2014|

A 2012 study by the Harvard Business Review surfaced several interesting findings about the practice of innovation for the enterprise, including the innovation ambition matrix, which details how “firms that excel at total innovation management simultaneously invest at three levels of ambition, carefully managing the balance among them.”

Innovation Governance: Why Should Top Management Care?

April 14th, 2014|

In its research report “CEO Challenge 2014, ”[1] The Conference Board lists the ten most important challenges facing CEOs in 2014. Innovation ranks N°3 in this survey of 1,020 responses, on a par with operational excellence. Innovation was the N°1 issue in 2012, and in 2014 it is still the N°1 challenge in China. This article (in a series of seven) looks at the theme of innovation governance from a top management angle.