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Getting Board Buy-In for Your Innovation Project

IdeaScale

Taking an innovation project from idea through execution is challenging, and there can be obstacles at several places along the journey. When there is company-wide buy-in for an innovation project however, these challenges can be overcome more easily, and there is far less chance for the project to go uncompleted.

Project 185
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These companies failed because leaders did not want to hear bad news: The Ostrich Effect

Idea to Value

We had a target to hit, and I was responsible for producing the reporting for the rest of the leadership team (of which he was one), but as time went on it became clearer and clearer that it would be impossible to hit the target, which would have an impact on the overall team budget. In essence, ignore problems instead of acknowledging them.

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The secret to this government department’s innovation success: Small teams

Idea to Value

The federal government is the largest institution in the world, and spends $86 billion annually just on IT projects. And 94% of those projects end up over budget or behind schedule, and 40% never even finish. Editor’s note: I did the math, and $86bn is more than the 2015 GDP of 125 countries!].

Video 100
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Dow and DuPont – Nobody wins when transactions replace leadership

Adam Hartung

But in a series of fast actions during 2015, DuPont as it has been known is going away. And it is too bad the leadership wasn’t in place to save it. Many felt leadership was over-spending on overhead costs like R&D,product development and headquarters personnel. But this victory was quite short-lived. By October, Ms.

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Change Management Alone Isn’t Enough for Digital Transformation

MSSBTI

DX is not about introducing a singular change but about catalyzing continuous, potentially disruptive change that cascades throughout the organization. It comes with large capital outlays, and it represents high risk for the organization and the leadership. It stretches across business units, departments, and functions.

Change 45
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The Evolving Role of The Chief Innovation Officer

Innov8rs

At our recent Innov8rs Learning Lab on Innovation Strategy, Leadership, Governance & Portfolio Management, Elisa Farri (Vice President and Co-lead at Capgemini Invent's Management Lab) and Gabriele Rosani (Director of Content and Research at Capgemini Invent's Management Lab) shared insights from their recent research on this topic.

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Six Internal Innovation Sources You should know

ITONICS

We took a closer look at the most important sources of innovation in large companies: The Leadership. Yet, companies around the world are in digital transition and face even larger leadership gaps. The leadership should make sure to be a source for overall drive, vision, and ambition of the organization with regards to innovation.