Management

Innovation and How to Recruit and Retain Top Millennial Talent

Innovation and How to Recruit and Retain Top Millennial Talent

A key element to successfully implementing innovation is finding and keeping the right people. While it goes without saying that financial capital is critical for innovation implementation, it’s not the organization that has the most money but rather the organization that best utilizes its human capital that will have the best shot at “winning” the innovation race. Ten years from now, Millennials are projected to make up around 75 percent of the global workforce.[1] The Millennial Generation represents the future of your business; accordingly, recruiting and retaining top Millennial talent must be an organizational priority.

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Traditional vs Agile Project Management for Innovators

Which is the superior approach to project management, Waterfall or Agile? After talking with an expert on project management, I learned that’s not the right question. Instead, we should ask, “Which tool is best for this project?” It might be Agile, Waterfall, a customized combination of both tools, or something else. Further, Waterfall and Agile and just specific forms of ...

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What’s Your Innovation Ambition?

What's Your Innovation Ambition?

As Oscar Wilde said, “We are all in the gutter; but some of us are looking at the stars”.  To me this phrase says a lot about ambition.  It starts with a vision, a dream, an inspiring view of where we want to be in the future.  Of course the bit about being in the gutter is a bit dramatic; ...

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Growing Together – Synthetic Teamwork

Growing Together - Synthetic Teamwork

In Henry Mintzberg’s 1994 landmark book, The Rise and Fall of Strategic Planning, the author calls for a new method to create effective strategies. He notes that, “Strategic planning isn’t strategic thinking. One is analysis, the other is synthesis.” Mintzberg draws a definitive line between those that create strategy and those that devise the plan, arguing that the two are ...

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Four Routes to Simplify Innovation

The Fuzzy Front End of innovation ends when an organization approves and begins the formal development of a new concept.[i] It’s the end of the beginning. This informal start of innovation is unfortunately packed with lots of obstacles that should be avoided. To raise the effectiveness of your efforts, I like to simplify the front end of innovation by giving you four ...

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The Revolution Will Not Be Centralized

The Revolution Will Not Be Centralized

In his novel The Castle, Franz Kafka tells the story of a man named “K” who is summoned by mysterious authorities for unknown reasons.  He finds himself at the mercy of their bureaucracy and endless paperwork, which is carried out for a purpose that nobody can fathom but everyone seems to accept. Most people can relate to the story.  20th century ...

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Top 20 Innovation Articles of July 2016

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are July’s twenty most popular innovation posts: Lessons from ...

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