business practice

Innovation Simplified

Organizations rely on innovations to sustain competitiveness. Managers often talk about innovations. Some use it as an ornament. Perhaps innovation is the mostly abused word by organizations and practicing managers. There are dozens of definitions for the word innovation.

Why Your Business Transformations Fail

Ambitious and impractical business schemes can often lack the fundamental elements needed to make them a reality, leaving huge expense and casualties of the blame game in their wake. The business world is littered with the remnants of unrealised programs and unsuccessful plans for development, several of them so high profile as to have attracted national notoriety.

Putting Higher Principles into Innovation Management: How to Be Guided by The Classical Approach to People

As innovation becomes a prevalent activity in organizations is it time to rethink how we approach the culture of innovative people? Deborah Mills-Scofield who previously worked with Bell Labs and now consults on innovations practice, argues we need a return to timeless values if we are going to make innovation sustainable.

A Death Match of Ideas- Why Don’t Managers Place the Right Bets in Successful Companies?

How do managers of large and prosperous companies decide which ideas to embrace and why do they produce so few innovations? Gunjan Bardwaj explains how psychological decision making theories can shed some light on these common and complex questions.