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How to Manage Complexity in Strategy

Cascade Strategy

The thing is, there isn’t always a definitive solution, rather, some problems require continuous management. Take strategic planning for example, imagine you poured hours into crafting a thorough and detailed strategic plan in 2007. People expect specific solutions to resolve complex problems.

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Optimizing R&D Resources: Strategies for CTOs and Innovation Leaders

ITONICS

Between 2007 and 2022, corporate R&D spending grew with a CAGR of 5.2%, underscoring the importance of R&D in driving future growth and market differentiation ( Global Innovation Tracker, 2023 ). In the past decades, research and development (R&D) expenses have surged across various industries.

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Summaries of the 50 Best Business Books

Destination Innovation

by Brian Tracy – 2001 Mindset by Carol Dweck – 2006 Go-Giver by Bob Burg and John David Mann – 2007 Thinking Fast and Slow by Daniel Kahneman – 2011 Thrive by Arianna Huffington – 2014 Atomic Habits by James Clear – 2018 The post Summaries of the 50 Best Business Books appeared first on Destination Innovation.

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The Importance of Prioritizing Employee Well-Being and Psychological Safety

Business and Tech

My turning point came in 2007, when I collapsed from exhaustion and broke my cheekbone. What is the main challenge HR professionals and managers are facing today when it comes to overseeing a hybrid workforce? What are some key strategies companies can employ to prevent employee burnout and retain top talent?

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Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

This is the second in a series of articles about the convergence of strategy and innovation. For more information about the series, and a list of published and upcoming articles, please visit A New Era of Strategy and Innovation. Most strategies are built on specific beliefs about the future. Highlights.

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Cracking the complexity code

Paul Hobcraft

There was a good article within the McKinsey Quarterly published way back in 2007 entitled “Cracking the complexity code,” written by three authors Suzanne Heywood, Jessica Spungin, and David Turnbull. There are different types of complexity to manage. It still has a lot of relevancy in my mind today. I only summarize these here.

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Eleven Reasons for the UK’s Poor Productivity

Destination Innovation

According to the Office for National Statistics (ONS) UK productivity has fallen to levels it held in 2007. Managers and staff are often risk averse and reluctant to change. Poor management. If employees lack motivation, feel unvalued and lack engagement then it is the fault of managers. Resistance to change.