How to Create Innovation Confidence During the Great Resignation
Do your employees feel confident at work right now? Or are you worried that the Great Resignation may impact your company? Take these steps to make sure that your focus on innovation is the reason employees stay, and not the reason they leave.
Reflections on the Evolving Role of Innovation Professionals, Based on a Recent Panel Session
I recently participated in a panel session as part of a great conference organised by the Innov8rs group (thanks Hans!), with an amazing set of innovation leaders, including Gina O’Connor, John Metselaar, and Andrea Kates.
What is the Process for an Employee Innovation Challenge?
A growing trend over the past several years has been to host internal innovation challenges. Companies do this because they find it’s an excellent way to find solutions to long-standing problems, positively create culture (particularly in a remote workplace), and also to nurture the budding intrapreneurs who want to find career growth and new opportunities.
Key Learnings of a Regtech Corporate Startup
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.
How Does Diversity and Inclusion Impact Innovation?
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.
The Hidden Culture Benefits of Crowdsourced Innovation
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.
Using Innovation to Improve Your McKinsey Organizational Health Index Score
2020 proved just how important our relationships to banks and credit unions are as they worked to rapidly respond to the changing financial needs of their customers.
Where Did the Suggestion Box Come From?
And what’s changed along the way?
Online ideation and collaboration might be a fairly recent business practice, but the suggestion box concept has been around at least since the 18th century.
How To Measure Your Knowledge Management Performance
With a clear understanding of knowledge management success, executives can make more effective managerial decisions.
Developing High Performance Leadership
Organizational knowledge cannot merely be described as the sum of individual knowledge, but as a systematic combination based on social interactions shared among organizational members.
Meaningful Work in the Age of Automation
As we look ahead and reimagine the future of work, augmentation of humans and technology will enable employees to create more meaningful work.
Opportunity in Adversity: New Workplace Models in the Post-COVID World
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?
Knowledge Taxonomies That Every Executive Needs To Consider
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.
The Skills Most In Demand for Management Consultants to Spur Knowledge and Innovation in Companies
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 World has Changed: Is Your Organization Ready?
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.
Let Culture Drive Online Innovation Teams
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.
How to Build Knowledge-Based Companies?
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.
Preparing a Team For Transition To Remote Work In COVID-19 Environment
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.
The Essential Skills to Teach Intrapreneurs
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.
How Remote Working Jumped the Queue in the Future of Work
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.
How Frontline Employees Drive the Change Management Process
Organizational change can be met with resistance, especially if it excludes employee input.
Five Innovation Practices for Building & Managing an Innovation Program
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.
Why Should Recruiters Prefer Conversational Recruiting?
Conversational recruiting may be the answer to solving problems in finding the best candidates to join your company. Let's have a look at how in this article.
5 Reasons Why Middle Management Slows Down Innovation
Innovative ideas and processes will stagnate without support from middle management. Let's explore why that is, with an emphasis on larger companies, in this article.
How NASA Leads Intrapreneurial Innovation
Not everyone knows that NASA has embedded crowdsourcing into their strategy and capabilities. But in fact, back in 2011 (after they ran a highly successful crowdsourcing pilot) NASA established the Center of Excellence for Collaborative Innovation (CoECI).
3 Ways to Reduce Costs While Maintaining Business Integrity
Integrity is regularly considered one of the top characteristics that a business leader can have — whether you're asking employees or CFOs. Sometimes, however, business integrity is considered a cost or burden — a commitment that is almost guaranteed to make a business harder to run over time.
Positive Ways to Handle Employee Resignations
All good things come to an end. As an employer, this can ring true when your favorite employee springs up without warning, and tables a resignation letter. No matter the work environment you provide, there are things beyond your control that can see your employee of the year want to leave.
Directorates Pay a High Price for Ignorance
Of the many risks that directors should be aware of, innovation is the most complex. A corporation that invests in innovation risks failure. A corporation that doesn't invest in innovation risks annihilation due to the many threats from small startups and mega-corporations alike, in a variety of areas.