article thumbnail

Has innovation changed over the last ten years?

Paul Hobcraft

From incremental to radical : Innovation used to be seen as an incremental process where organizations improved their existing products, services, or processes by making small changes. These changes have also influenced the way we structure, visualize, and use tools for innovation. References 1. References 1. oecd.org 2.

article thumbnail

Status Quo bias: Why people are resistant to change

Idea to Value

In innovation projects, we often hear about companies resisting a change to the status quo. As a result, many innovation projects fail at the final hurdle, when they are asked to actually implement the change they were designed for. How then should we ever hope to achieve change in ourselves, our teams and our companies.

Change 248
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unlocking Potential: How to Lead Culture Change for Greater Innovation and Business Growth

Leapfrogging

The Imperative of Culture Change Understanding the Stakes: Innovation and Business Growth Culture change within an organization is not just about altering the workplace environment; it is a strategic imperative. Initiating a culture change demands courage, vision, and a steadfast commitment from the leadership team.

Culture 130
article thumbnail

Unlocking Organizational Potential: Developing Executive Leadership for Culture Change

Leapfrogging

A culture that embraces change and is open to new ideas will naturally drive innovation, leading to greater business growth and the development of competitive advantages. A culture that is flexible and adaptive to change will enable your organization to navigate challenges and capitalize on opportunities more effectively.

article thumbnail

Innovation Project Governance Do's & Don'ts

Innov8rs

Innov8rs | Despite its importance, innovation project governance is often handled ineffectively, slowing down rather than driving innovation. Innovation project governance is a decision-making discipline where organizational leaders decide which ideas to pursue, how to allocate the innovation budget, and how to assign resources.

Project 80
article thumbnail

Information Bias: Paralysis by Analysis

Idea to Value

This is often referred to as analysis paralysis. This can be an especially big problem in medicine, where doctors will often want to run additional tests for potential diseases even after it is clear what the likely source of a symptom is, and which will not change the recommended course of action.

Analysis 154
article thumbnail

The Path to Innovation: Implementing Effective Team Collaboration Practices

Leapfrogging

Greater Flexibility Teams that collaborate well can adapt to changes quickly. Team collaboration practices are essential for navigating these changes and staying competitive. Transparency: Share information about company decisions and changes openly to avoid misinformation and uncertainty.