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Cultivating a Thriving Culture for Innovation: A Practical Leadership Approach

Cris Beswick

Innovation has often been treated as a cyclical phenomenon, eagerly embraced during prosperous times and relegated to the sidelines during economic downturns. More than 70% of senior executives regularly acknowledge that innovation will be among their companies’ top three growth drivers in the next three to five years.

Culture 59
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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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Future-Proofing Financial Market Innovation – Fighting Digital Disruption with Digital Disruption

Qmarkets

These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient and efficient services.

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Digital Innovation Units: Setting-Up for Scaling-Up

Integrative Innovation

40% saw no significant impact from digital innovation. One main reason for this lack of impact: Digital Innovation Units (DIUs) that were set up and dedicated by the companies to deliver on Digital Transformation , fall short to pay off. Or to put it briefly: Digital Innovation Theater. 2 innovations to the market annually.

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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. And closing vacancies quickly does wonders for the company’s reputation in the job market. 1) Set Up a Structured Hiring Process.

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5 Things to stop doing to enable enterprise innovation

Moves the Needle

The market is changing faster than ever, and an organization’s ability to move at the speed of the Internet is the only chance at surviving and thriving. Except in today’s age, the corporate chorus says, “Innovate, or Die!” The average lifespan of an S&P 500 company has decreased from 67 years (1950’s) to about 15 years (today).

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Driving Corporate Innovation: Design Thinking vs. Customer Development

Steve Blank

One of the conundrums is why does innovation take so long to happen in corporations? Previously Hank Chesbrough and I have written about some of the strategic issues that impede innovation inside large corporations here and here. —– Urgency Drives Innovation Speed. Customer Development versus Design Thinking.