Tag Archives: Friction

Revisiting the 5 Biggest Business Trends for 2016

They say there’s nothing new under the sun. Well, whoever “they” are, they likely never tried to build a business. Because in business it’s always about finding something new that somehow allows you to differentiate and capture an advantage-fleeting though it may be. At the end of 2015 I identified five critical trends to give you that edge. And if ...

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Where's Your Innovation Friction?

How should firms develop the organizational structure, culture, and incentives (e.g., for teams) to encourage successful innovation? When it comes to creating an innovation culture, often people make it far too complicated. If you're part of the senior leadership team and you're serious about innovation then your job is simple - reduce friction. If you're serious about innovation and you're not a senior leader, then your job is to do what you can to convince senior leadership that innovation is important. Then, gently help your execs see the areas of greatest friction in your organization so they can do something about it.

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