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.
Innovation isn’t a one-time project. It’s a continuous activity. Which is why we are seeing numerous organizations adding an innovation department to their company infrastructure. In fact, in a recent survey of our client base, we were surprised to learn that almost 40% of our customers operate out of a dedicated innovation group.
Engagement of teams is a must-have when addressing the key issues related to sustainable innovation programs. In the second of a series of articles focused on Innovation Culture, we are going to share our views about the way organizations should stimulate and encourage the creation of teams truly committed with innovation. Besides the more usual ad hoc requirements regarding team and individual creative performance, having a clear focus on team management is essential to achieve a more balanced and sound innovation program.
Is your workplace cluttered? Not in the physical sense, but the figurative one. Do you have a bunch of old tasks and procedures taking up space without adding much value? Just like you have to dig through your closet every so often and get rid of questionable items that you once thought were good purchases, sometimes you have to assess the mental clutter that has built up in the workplace over time and recognize when policies have gone out of style. Tasks and rules that were once must-haves can build exponentially and increase complexity until employees have time for little else, like innovation.
You would be hard-pressed to find a business leader who would question the importance of innovation not only to promote growth within their organization, but also to ensure its very survival. These business leaders have invested significantly in their innovation initiatives to support this importance. Yet a 2012 Accenture study found that more than half of corporate executives were disappointed by their innovation results and returns from their innovation investments.
Many firms tend to mix the terms and concepts of creativity and innovation. There is a view that catering for creativity automatically makes innovation happen. In this post Susanna Bill compares the works from three different authors about the factors influencing a creative and innovative climate. What can be learned?
Innovation projects are said to fail 90% of the time. Why is this? Part of the answer lies in the special “innovation teams” who are mandated with finding breakthrough growth in large corporations. Setting these teams up for success is vital, yet corporations often fail when doing this. This article provides a collection of ten tips that serve as a talent management roadmap for growth companies in search of high-performance teams that deliver.
In today's highly competitive business environment, managers must make the shift from manipulators to manifesters. They must learn how to coach their people into increasingly higher states of creative thinking and creative doing, according to Mitchell Ditkoff.
Like its name implies, Quick and Easy Kaizen is one of the easiest ways to get started in having all of your employees implement continuous incremental improvement. It's also a key to unleashing the creativity of your employees.
In many organizations, leaders complain that their employees aren't creative. But employees complain that they are micromanaged and not empowered to try out new ideas. Who's really at fault here?
A great leader can turn your team into entrepreneurs who are hungrily looking for new opportunities. The key is empowerment. Learn how to empower your employees to innovate in this article by Paul Sloane.
The best way to create value is to innovate your way ahead of the competition. You need to create temporary monopolies where yours is the only show in town. You can do this by harnessing the creative power of your greatest asset, your people. The goal is to turn them into opportunistic entrepreneurs who are constantly looking for new ways of doing business.