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5 Innovation Lessons from the Backstory of OpenTable.com

Leapfrogging

When restaurants have several years of data in the system, the next several weeks of reservations lined up in it, a staff that’s been trained on how to use it, and a large percentage of their reservations coming through it, they’re essentially locked into the model. They didn’t realize how “sticky” their business model would get.

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How Crowdsourcing is Shaping the Future of Digital Interaction

IdeaScale

For example, an anonymous or identified suggestion box can be implemented to elicit feedback from staff or customers. The appropriate staff will have access anytime they need to. This guest post is authored by Nick Rojas. He has contribu ted articles to Visual.ly, Entrepreneur, and TechCrunch.

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Organize innovation to fit your strategy & culture.

Leapfrogging

With lean budgets for innovation a reality at many large organizations, managers are often reluctant to allocate funding and staff to projects they perceive as risky, or that don’t help them achieve their short-term performance metrics. Here are different models you can use: New Ventures & Skunkworks (Ambidextrous Models).

Culture 130
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Corporate Challenges to Innovation – How Do You Keep It Going

IdeaScale

We start with the premise that, “you probably already have many of the right people on staff.” Now, you may need to augment your staff with a one or more strategic hires. To do this, we recommend hiring full-time staff instead of bringing in outside consultants. This is a guest post authored by Ever Evolving, Inc.

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The 22 Best Business Coaching Websites You Need to Check Out This Year

CMOE

Strategic Coach Run by “entrepreneurs for entrepreneurs,” Strategic Coach has worked with over 20,000 successful business owners to reach success in both their professional and personal goals. We encourage you to bookmark these as a resource to help yourself, team, and business move forward.

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A Terrible Thing to Waste: Creating a Culture of Continuous Learning

CMOE

Continuous learning in a business environment isn’t just a nice idea, it’s a necessity, and more and more entrepreneurs and decision-makers are realizing it—especially in our current environment. You probably have staff members who are simply exceptional with people. These talents, too, can be cultivated.

Culture 83
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Change Management vs. Change Leadership: Which One Makes Sense for Your Business?

Rebel & Reason

For many entrepreneurs, that process often comes down to two standard practices: change management and change leadership. . As a result, most of the company's staff members don't feel authorized to support and enact change as needed throughout the organization. Develop a Corporate Culture That Thrives on Change.