Mon.Dec 05, 2022

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How Leaders Avoid Hero Syndrome

Michael Roberto

This week Kellogg Insight features a conversation with Colonel Fred Maddox , an assistant professor at the U.S. Army War College and Chief of Staff of the Army senior fellow at the Kellogg School. Maddox discusses how leaders should react when the execution of a very important project falters badly. He suggests that many leaders enjoy being the heroes, swooping into the situation and trying to solve the problem personally.

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Five Key Considerations for Managing Lay-offs

Destination Innovation

Hard times can strike any business or any organisation, even ones which have been well managed and successful. Sometimes you have to reduce costs and headcount in order to survive. This gives leaders a big challenge. You have recruited and developed a successful team. Now you have to chop it back. What should you do? Here are some key considerations and tips.

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Bringing Caste into the DEI Conversation

Harvard Business Review

As companies increase their global footprint, they must also expand their definition of DEI.

Company 143
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Using AI to learn what is important to learn about Design Thinking (ChatGPT Open AI)

InnovationTraining.org

I’ve been having fun with the Open AI chatbot ChatGPT. So far over a million people have tried this and have been surprised with some of the “conversations” they have been having with the AI. This tool is made by OpenAI. ChatGPT allows you to chat with the AI and get ideas or knowledge in a more natural way of communication. This tool is capable of understanding natural human language and generating “thoughtful” more human responses after you provide it a question o

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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5 Ways to Acquire New Skills Without Going Back to School

Harvard Business Review

Fifty percent of jobs will require new skill sets in the next five years, according to the World Economic Forum.

Learning 120
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We Must Prepare for Future Crises Like We Prepare for War

Innovation Excellence

GUEST POST from Greg Satell In a 2015 TED talk, Bill Gates warned that “if anything kills ten million people in the next few decades, it’s most likely to be a highly infectious virus rather than a war. Not missiles, but microbes.” He went on to point out that we have invested enormous amounts of […].

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More Trending

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Season 8 Highlights — and a Host Reunion!

Harvard Business Review

Former co-hosts Sarah, Nicole, and Emily join the Amys to talk through insights from this season.

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Innovation Hero Worship: FTX, Theranos, and the Media

Phil McKinney

It is hard to miss the headlines where some innovator has raised significant money, been on the cover of major publications, lauded for their success by leading journalists, and celebrated as a genius. All to have it come crumbling down because everyone got pulled into the hype, and no one bothered to think critically about […].

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In a Downturn, Focus on Existing Customers — Not Potential Ones

Harvard Business Review

It costs five times more to win a new customer than to retain a current one.

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Innovation Portfolio Gymnastics

Jeffrey Phillips

There's been a significant number of posts on LinkedIn and other social media about innovation lately, especially focused on the type of innovation that companies perform. The traditional way of thinking about this, which is really just a loose rule of thumb, is to suggest that companies SHOULD plan for 70% of their innovation efforts (and hopefully, results) to be focused on incremental innovation, and 20% on transformative innovation and 10% on disruptive innovation.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Tackle the monkey first

Idea to Value

When faced with a significantly challenging innovation project, is it worth doing the easy tasks first to get some quick wins on the board, or should you tackle the hardest part of the project? I have been listening to some podcasts with Annie Duke recently, who has a great new book out about when it is the right time to quit. One of the metaphors she uses is trying to teach a monkey to juggle flaming torches while standing on a pedestal.

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