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Innovate and Persuade with a Well-Judged Nudge

Destination Innovation

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. In 2013 the BIT sent out thousands of letters to school students from poor backgrounds, who typically did not apply to top universities.

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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.

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How to Keep Innovating During an Economic Crisis

Innov8rs

Innov8rs | During an economic crisis, funding dries up, and innovation tanks. At the same time, a crisis presents organizations with unique conditions for innovation. As long as innovation teams have a strategic approach to solving old problems with new solutions, organizations can expect to not only survive but also thrive.

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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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Going for Gold: Achieving Olympic Level Innovation

IdeaScale

Each is smiling and waving to the crowd, celebrating having made their winter Olympic team. Would your organization medal in innovation or miss standing on the winner’s podium all together? To answer this question, consider how effective your enterprise is at executing these foundational innovation tasks.

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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.