Six Companies that Thrived after Bankruptcy
Retailers all over the United States are filing for bankruptcy at unprecedented levels. This is, in part, due to the ways the global economy has evolved. Now, more than ever, retailers are turning to the internet for sales, and consumer habits have adapted. Bankruptcy is an alarming and confusing process whether you’re a CEO of a large corporation or an individual who is worried about the implications it might have on your credit score.
The Role of Innovators at Large Organizations
In-house innovation programs continue to proliferate and our concept of the innovator has evolved alongside them. Now we no longer think of a creative genius sitting alone in their tower coming up with creative ideas. Now, innovators can play a number of different roles within an innovation program beyond idea author. A lot of interest and attention is being paid to this concept, because organizations that are looking to sponsor and train innovation skills at their organization need to understand what skills matter most when it comes to creating meaningful change. After all, it’s an important part of professional development nowadays. Every employee at any organization needs to be able to keep up with the rapid pace of change. So here are a few of the roles that innovators play at large organizations.
Simple Ways to Increase Employee Satisfaction
If you are an HR expert, think of how secure your job would be if you were dealing with fully-satisfied employees. If your team members love and enjoy their posts, you will love yours as well. As stubborn as some employees can be, most of them would like it if you appreciate their efforts regularly. A happy employee will be productive and efficient, no question about that.
Empowering Women Will Innovate Your Company
Female empowerment has been a hot topic in the business community over the years. Female entrepreneurship is rising steadily, and conversations will steer toward this theme increasingly as women entrepreneurs expand their influence in the marketplace.
5 ways to Make Your Company More Efficient
Making your company operate more efficiently can improve your bottom line, while also making it easier to run and to manage. Fortunately, there are a lot of simple things you can do to boost efficiency. It's a good idea to frequently take a critical look at your processes to analyze how they can be made more efficient. Then, you can take advantage of new techniques and technologies that will easily and conveniently boost your efficiency.
How to Keep Up With Constantly Changing Technology
Technology is a double-edged sword. On the brighter side, we have ever-changing and improving features because of the rapid evolution of technology. On the other hand, this very pace of technology and the rate at which it is getting updated can cause both developers and users to be left out and outdated if they do not keep up.
How will Brexit Impact on UK Inventors?
While there's a great deal of speculation concerning the potential impact of Brexit, there's very little clarity about how leaving the EU will influence specific firms and marketplaces.
5 Innovative Technologies of the 21st Century
The researchers and engineers of the 21st century have produced marvels such as personalized hover boards, self-driving cars and, of course, the societally pervasive smartphone. While the devices are commonplace now, just a decade and a half ago they were unfathomable.
How to Build an Enthusiastic Innovation Community
If you’re working with an innovation management platform, then you know the importance of building a community. The success of these programs is intrinsically linked to the spirit and engagement of your community: how much they participate, how they’re participating, why they’re participating.
Messy Beats Tidy
In his book, “Messy,” economist Tim Harford argues cogently that we are wrong to strive for order and tidiness because openness, adaptability and creativity are inherently messy. We should appreciate the benefits of untidiness.
The Vast Benefits of Tech Implants in the Human Brain
Technology has not only improved our ability to process information and use it to our advantage, but it is now possible to merge our minds to it. This process has already started.
How Creativity & Innovation Is Being Used To Improve Society
Creativity and societal problems have not always been closely associated. In the national dialogue, fixing these problems involves a series of concrete steps—steps designed to create concrete processes and repeatable outcomes.
Direct to Consumer Disrupting Established Markets
In 2010, the Gillette brand, which is owned by Proctor and Gamble, held 70% of the U.S. market for razors. It boasted continuous innovation in product design, and enjoyed a gross margin of around 60%. Its market share has now slid to around 50%. It has suffered at the hands of two start-up companies, which went direct to consumer (DTC). They are Harry’s and Dollar Shave Club.
The Doom of Multitasking: Don’t Force Your Employees into It
Did you know that you’re multitasking at least several times a day? That’s right! It’s enough if you cook, listen to music, and check your Facebook at the same time. Fortunately, it’s not fatal.
How Great Managers Can Drive Employee Engagement
Are your employees underperforming? This happens even to star employees when they don’t feel motivated to do their job anymore. Luckily, great managers can drive employee engagement by reconnecting with their workers. To boost engagement, you must find out what drives the people to do their best job every day.
5 Reasons Employers Should Provide Good Health Benefits
Good health benefits are one of the main make-or-break factors for a lot of people searching for companies to develop their careers in. The idea is that any reputable company will care enough about their employees to offer competitive health benefits, which is why this benefit is listed on job descriptions along with 401K plans and PTO.
How to Become a Business Linchpin: The Desirable Skills and Tools of Successful Workers
Some years ago, I had read Seth Godin’s book, Linchpin, which detailed the importance of becoming a critical component of the workplace environment. I’ll spare you the details, but the idea was to learn and apply as much as you could so the business was reliant on your efforts.
How to Keep Your Employees from Losing their Creativity
The most successful businesses and corporations in the world place employee satisfaction on the same pedestal as customer satisfaction. These corporations understand that without a loyal, creative, and cohesive team of satisfied employees, success cannot be attained.
5 Ways to Create a Culture That Embraces and Adapts to Change
As part of today’s changing technological landscape, it is vital to create a workplace culture that adapts to those changes. Doing so starts with having a comfortable workplace culture to begin with. Making your employees feel at ease in their current working conditions is the basis of creating a workplace that can adapt to changes.
What’s the Value of an Innovation Mentor?
When I say “innovator,” what image comes to mind? A brilliant, but misunderstood figure hunched over a drawing board by the light of a single lamp in the middle of the night – cup of coffee dwindling slowly, pages of crumpled notes on the floor?
Why Your Best Innovators Leave Your Company – at the Worst Possible Moment
Meet John. He worked in a company with a corporate strategy office but no innovation department. When our firm ran an innovation workshop at John’s company, he took to innovation like a duck to water. Unfortunately, the company’s innovation culture didn’t evolve quickly enough for John, which left him feeling stifled. He ended up leaving the company to pursue innovation full-time.
How the Innovation of the Email Changed Communication and Performance in Business
Business communication involves the exchange of information between parties such as two employees or two firms entering into a contract. The evolution of communication indicates drastic growth since the end of hiring secretaries to send out faxes to staff within the building or far away locations.
10 Innovations That Will Make Your Business Greener
More so now than ever, people are holding businesses accountable for the effect they have on the environment. With many areas experiencing the consequences of climate change, people are supporting companies with green initiatives. What can your business do to help the environment and your customer acquisition and retention? Here are 10 innovations that will make your business greener overall.
Remote Workers and Data Security: 5 Tips for Employers
With the increased mobility of modern networks and the explosion in mobile device use, more companies are finding benefits in allowing employees to work remotely. At the same time, maintaining security across multiple devices and public networks presents a challenge.