Management

How Can Goals Enhance Creativity?

Over the years, I have written numerous articles on “The Performance Paradox” that show how an obsession with the future reduces performance in the present. And typically, creativity is significantly diminished in the process. But given that businesses are driven by goals, how can we leverage them as a tool for enhancing creativity? One way is to use stretch targets. ...

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Pain and Slack – Two Innovation Drivers

If you want innovation then think about these two words – pain and slack. They can lead you to innovation success. Wherever there is a pain there is a need for innovation. So if you are looking to create new products or services look for the pain points. Study your customers and their everyday activities. Where do they have difficulties ...

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Our Brains Are Out to Get Us!

Andy Grove, the founder of microchip giant Intel, once said, “Business success contains the seeds of its own destruction.” Just look around and it’s hard to argue with him. General Motors. Enron. Washington Mutual. Lehman Brothers. PanAm. The landscape is littered with once-dominant companies that have lost their position of market leadership or gone completely out of business. These companies ...

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Combining Internal and External Innovation

Interview – Stefan Lindegaard I had the opportunity to interview Stefan Lindegaard, author of “The Open Innovation Revolution” recently. Here is text of the interview: 1. Why is open innovation so important for organizations? Open innovation is about combining internal and external resources and to act on the opportunities this creates. More and more companies prove this to be a ...

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Five Communication Tips for Leaders

Regardless of your station in life, both what you say, and how you say it matter…It matters to an even greater degree for those in positions of leadership. Leaders simply don’t have the luxury of choosing their words in cavalier fashion. Whether in written or oral form your vocabulary matters. Few things make an impact, or lack thereof, like the ...

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Training and Coaching Innovators

Continuous Training and Coaching is Essential to Innovation by Robert F. Brands In order for any company to meet its goals and to achieve sustainable Innovation , proper training and coaching is an essential though often overlooked imperative. But how can a New Product Development (NPD) team represent the philosophy of its organization if the attitude, culture and processes are ...

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How Compensation Models Work Against Innovation

I’ve asked myself, and many other people in the innovation space, why innovation seems to be so beneficial on its face and yet so difficult to accomplish. I can’t think many CEOs who aren’t actively talking about innovation and the need for more innovation in their organization. I can’t think of many people who don’t want to see their firms ...

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Managing for Innovation

You’ll note the title of the blog post – managing for innovation. Not “managing innovation” which is akin to “herding cats”. No, managing for innovation. In other words, setting out the environment, atmosphere and behaviors to inculcate innovation in the environment of the organization, rather than using a microscope and a magnifying glass on every activity to ensure that innovation ...

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Peter Drucker on Innovation

Many people struggle with trying to define innovation, or what innovation is within an organization. I’ve recently been re-reading one of the best business books I have, “The Essential Drucker. The Best of Sixty Years of Peter Drucker’s Writings on Management” which is a compendium of his writings. Drucker wrote that purposeful innovation results from analysis, systemic review and hard ...

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Five Common Innovation and Change Mistakes

Common Wisdom Regarding Purposeful Or Successful Innovation Is Wrong by Idris Mootee Walk into a Barnes and Noble you can find dozens of books on innovation. There are books ranging from teaching the ‘how to” to teaching creative thinking. There are not many good ones simply because the subject is a moving target with rules being broken and created every ...

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