Hardly no one will regret 2020, it seems. Yet, 2021 ahead is hard to predict. There are hopeful signs that pave the way for a better, stronger future, but as we have now the experience, our world can go upside down almost overnight.
McKinsey's Organizational Health Index (OHI) is an exhaustive assessment of an organization’s effectiveness and its management’s performance based on an organization-wide survey. It’s a tool that numerous public and private sector organizations have leveraged in order to benchmark their company’s health, align around core areas of improvement, and improve overall organizational performance.
I hadn’t thought much about health pathology innovation until we started to work with a statewide health pathology service in Australia. They provide pathology, forensic, and analytical services for hospitals and justice systems throughout their state.
The Virginia Department of Transportation created their own Virtual Innovation Lab, where they collaborate to solve problems related to remote work, engineering topics, safety, and more with the help of their entire distributed workforce. Learn more in this December 15th webinar!
Corporate start-ups sit in a sweet spot between corporate venturing and an external start-up. These initiatives have the luxury of the big brother organisation watching over them, but it also comes with the policies and procedures of the big brother.
Nearly all executives believe the long-term success of their business depends on the flow, testing, and development of new ideas. One of the problems is the old belief in the “creative genius” – that creativity and innovation belongs to a talented few and not to everyone.
Crowdsourcing ideas has a number of different virtues: from improving the likelihood that you’ll source disruptive ideas to lowering the overall program costs of running an innovation program… but there are some other cultural benefits to a crowdsourced innovation program.
COVID-19 and the resultant lockdown has effectively shattered the premise that people need to go to "office" to work. In an almost overnight digital shift, the entire workforce of companies shifted to remote work. Once the COVID threat is past, will we ever go back to business-as-usual?
In this article, we'll discuss different types of knowledge that should be considered and built upon when forming and managing a team driven toward success---including individual and collective knowledge.
Executives today are more focused on strategic management decision-making due to the hypercompetitive global environment as well as public and private sector evaluation and opinion. Public organizations are attempting to function as private profit-wise, while public companies have the Wall Street analysts continuously evaluating their every strategic move. It is important for management consultants to build a climate of openness for individuals to exchange ideas.
The COVID-19 epidemic has had a tremendous effect on many aspects of our lives and resulted in a significant change in the workforce, and on the very way that individuals and organizations work. Suddenly, without warning, it seems that the entire business world shifted to Zoom and its competitors in a day, since it offered a concrete solution to the challenges raised by the current crisis.
Online innovation teams need to be especially mindful of cultural sensitivities among members and adapt accordingly. Evidence suggests that cultural diversity is a major asset for innovation teams. Under remote operating environments, cultural awareness and sensitivity is of heightened significance, and appropriate practices need to be deployed.
Knowledge management improves organizational processes through a variety of different practices, and enhances learning, which can increase both follower engagement and personal development. This article presents the two key steps of successful knowledge management that can be implemented by company executives.
In the wake of the coronavirus pandemic, many companies have implemented mandatory work-from-home policies to help contain the spread of COVID-19. While large companies have the resources and experience to foster a massive ‘home office shift’, smaller companies who have never implemented such policies before are facing numerous questions regarding this new work arrangement.
At JR Simplot, a new cross-functional innovation initiative recently formed looking for ideas that would help optimize company efficiency, improve training programs, and more. And when they built this team, they realized that a big part of launching an innovation initiative was education. Learn more in this podcast.
The COVID-19 situation isn’t just affecting the way businesses work, it’s shaping discussions about how they will in future, too. Recent global events have affected businesses in unimaginable ways, testing them in a manner not seen in several generations. However, present circumstances have also fast-forwarded several conversations surrounding the future of work.
There is no “one size fits all” formula for innovation management success. Demystifying innovation takes experiments and practices. In this article, we'll explore five tactics to use in order to develop and manage a successful innovation program.
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