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

Idea to Value

Have you ever worked for a manager or boss who did not want to hear bad news? This can be especially dangerous when the problem they are avoiding is that they are being disrupted , other companies are out-innovating them, an important project is off-target or performance KPIs are falling behind. Volkswagen.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Interestingly, the pace of innovation stands among the top three risks in 2015 and tops along with regulatory risk, the list foreseen in 2018. With technology disruption, business model disruption and growing competition, social and customer engagement challenges the ability to manage innovation is growing as a concern and in risk management.

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Sorting through our Innovation Management Tools

Paul Hobcraft

The latest one for 2015 is here. Shared language : tools align teams around a visual concept, making complex ideas clearer with an image. Get the facts : Every tool has strengths and weaknesses. Tracking the trends on Management Tools. They have made 15 surveys over the years and reported on the top 25 tools of each year.

Tools 100
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Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

How do you create a company that can adapt, respond, and reinvent itself to become stronger in both good times and bad? In 2017, the entire eight-person, executive management team (except for the CFO) of Sweetgreen quit of their own accord after the company had record growth in 2015 and 2016. Highlights. Michael Raynor.

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Dow and DuPont – Nobody wins when transactions replace leadership

Adam Hartung

From humble beginnings, DuPont became well known as a leader in Research & Development, a consistent leader in patent applications, and the inventor of products that proliferate in our lives from nylon to Teflon pans plastic bottles to Kevlar vests. But in a series of fast actions during 2015, DuPont as it has been known is going away.

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BMI Lab goes West.

The BMI Lab Blog

During this last September and October BMI Lab organized the Second Senior Management Experience Study Trip with Covestro, a Bayer company spin off created in 2015 (formerly Bayer Material Science division). We identified and discussed strong areas and weak areas. Wide open, full of light, and ready for team working!