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Innovate and Persuade with a Well-Judged Nudge

Destination Innovation

Showing peer reviews e.g. for companies, products, hotels or restaurants. In 2010 the British Government set up a Behaviourial Insights Team (BIT), which became known as the ‘Nudge Unit’ Its aim was to save at least ten times its running cost. You can see examples of their various projects on their website.

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5 Strategies to Reduce Hiring Time in Your Company

CMOE

Hiring new talent is a key function of Human Resources, so the time it takes to find a suitable candidate for an open position is an important performance parameter for the HR team. Next, chart it out and make it a visible process that the whole HR team can understand and follow. 2) Automate the Hiring Process.

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Creating high-performing and faster-moving teams

ImagineNation

It is described as the “blueprint for forward-thinking business leaders and managers that will help them create high-performing and faster-moving teams and companies”. Leading innovative tech companies, no matter whether it was Google, Intuit, Microsoft or Apple, all benefited from coaching. Three key business nutshells.

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Why generalists will become more valuable

Jeffrey Phillips

As we leave the COVID lockdown and the economy picks up steam again, I think many businesses will recognize a need for more generalists on their team. Pity the poor PhDs who try to find new areas of study to complete their research. A bank can learn from a tool and die shop. A high tech firm can learn from health care models.

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How to Improve Employee Morale and Motivation [Without Raising Costs]

CMOE

There are cost-effective but tangible ways for organizations and team leaders to excel in these two areas. As a team leader, you play a central role in helping your team members and organization reach their full potential. A team with high morale is comprised of team members who feel included, valued, and supported.

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Digital Innovation Units: Setting-Up for Scaling-Up

Integrative Innovation

They found that the majority of the surveyed companies have been facing a Scaling-Up Problem : barely 10% of were managing to grow revenue from digital initiatives to more than 5% of group revenue. The labs find it particularly difficult to develop innovations that are distant from the core business. Company Builder (10% of DIUs).

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Driving Corporate Innovation: Design Thinking vs. Customer Development

Steve Blank

Startups are not smaller versions of large companies, but interestingly we see that companies are not larger versions of startups. I’ve been spending some time with large companies that are interested in using Lean methods. Any founding CEO can tell you three numbers they live and breathe by: the amount of cash left in the bank.