The Greenhouse Approach: Flourishing Organizations Through Intrapreneurship
Innovation is infectious. Its roots lie in debate and contention and it flourishes in an environment that welcomes the challenging of assumptions, risk taking, and creativity. That’s the focus of Chitra Anand’s new book, The Greenhouse Approach: Cultivating Intrapreneurship in Companies and Organizations, which re-imagines what corporations can…
Is Creativity Really That Important For Innovation?
Creativity is probably the most discussed component of innovation. People and teams want to have more of it. Leaders want to discover how to direct and amplify it. Researchers try to define and measure it. Innovation companies sell their ability to develop it, thereby boosting the quantity and quality of ideas in an organization. That’s why, when…
Innovation Accounting – The Anti-Procrustean Approach To Key Performance Indicators
In Greek mythology, Procrustes (in translation ‘he who stretches’) was a rouge blacksmith and bandit from Attica, owning a house by the side of the road where he offered hospitality to passing strangers. His guests were invited in for a pleasant meal and a night’s rest in his very special bed — a bed that allegedly had the unique property that its…
Necessary Disruption: The Path to Adaptive Spaces
In order to survive in the increasingly frenetic, rapidly evolving world of business, organizations must disrupt or be disrupted- even when that means disrupting your own business. That can’t happen without a paradigm shift in the way companies approach innovation and change. Corporations must recognize that organizational adaptation is social.…
The Six Values of High-Performance Innovators
There is no long-term correlation between the amount of money a company spends on its innovation efforts and its overall financial performance. That is the outcome of an analysis by Barry Jaruzelski, Robert Chwalik, and Brad Goehle for Strategy+Business. During an evaluation of 1,000 publicly held companies (the Global Innovation 1000) with the…
Exponential Growth? Start with a Massive Transformative Purpose
Companies like Google and Facebook have been able to transform the world- not because they had magical laptops or garage dwelling genies on their side, but because they began with what author and entrepreneur Salim Ismail calls a massive transformational purpose (MTP). In 2014, Salim Ismail published Exponential Organizations, co-authored by Mike…
Five Steps to Innovate like Big Tech – How to Use Customer Focus, Data and Capital to Reinvent Your Business
Executives in 2018 are not grasping the basics of modern innovation. Having led major innovation programs at Amazon, Target, PayPal, Visa and Rosetta Stone – this summer I was asked to speak at an executive leadership conference, where I was surprised to learn that the majority of participants lacked a basic understanding of mobile, web, digital,…
Unlearning Innovation Portfolios for Outcome-based Bets
I’ve been working with the executive group and teams from one of America’s leading finance services trading firms. The company has a proud history of disrupting its industry by offering innovative products and services that have shaken the finance system and caught many of their competitors off guard. From humble beginnings 20 years ago it has…
Becoming an Innovation-Friendly Organization
Creating an innovation-friendly culture is one of the key challenges facing organizations today, and one that is especially difficult. Innovation begins with diversity of thought and attitude. But large companies tend to focus on efficiency and control - and that breeds conformity and standardisation. How can they shift their focus to allow for…
Employee-Driven Innovation: How Can We Get Better At It?
“Many organizations talk about the need to innovate but don’t know how or where to start, or whether they even have the skills and capabilities to generate ideas and make them work.
The big challenge is how to make innovation part of their organizational DNA & culture”.
Kickboxing Your Employees To Drive Intrapreneurship
Intrapreneurship is not something that can be established within a company from one day to the next. One of the most adaptable and effective models for intrapreneurship is Kickbox; an innovation process in a self-contained kit. These boxes are a way to transcend hierarchies and turn all of your employees into entrepreneurs, intrapreneurs, and…
They All Say They Want Innovation…Here’s How You Can Engage Your Executives To Actually Support It
Most C-Suite surveys reveal that over 70% of leaders say that innovation as the most important capability for the future sustainability of their companies, according to The Innovation Made Tangible Report for 2018. In reality, there is a major gap between that belief and executives actualizing innovation within their organizations. Research…