article thumbnail

Constructing the innovation mandate

Paul Hobcraft

It is our ability to consistently capture, build and develop new ideas within organizations or in open collaborations with others that have a direct effect on revenue growth and the ability to provide future sustainability. Future collaborations will build on a network of relationships and an ecosystem of design and thinking.

article thumbnail

Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Resource allocation: The innovation mandate should outline how resources, including funding, personnel, and technology, will be allocated to support innovation initiatives and where these will be drawn down from and the “equity of resources” shared so this is a collaborative endeavour.

Policies 147
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Universality of Leadership: Challenging Industry-Specific Biases

Tullio Siragusa

Vision and Strategic Thinking The Universal Need for Direction: Regardless of the industry, every organization seeks a brighter future. Their strategic thinking ensures that actions taken today align with a brighter tomorrow. Brown’s impact is a testament to the universality of Design Thinking principles.

article thumbnail

The 10 Vital Areas to Focus on Right Now

BrainZooming

Facing a complete business shutdown, our team used a combination of strategic thinking and real-time course correction to stay engaged with and attempt to re-win the customers we couldn’t currently serve. It’s easy for finance and operations leaders to become strong voices for pushing cost cutting everywhere.

article thumbnail

12 Reasons Budget Meetings Aren’t Strategic and 3 Ways to Fix Them

BrainZooming

Budget meetings are not integrated with strategic planning and business strategy. Accounting and finance act as if they control the business and are integral to generating revenue and profit. Download our FREE eBook, 3 Ways to Turn Budget Meetings into Strategic Activities. 3 Ways to Fix Budget Meetings.

Meeting 94
article thumbnail

5 Ways to Boost Your Innovation Strategy’s Efficiency

BrainZooming

Here’s an example from a Brainzooming engagement to help a client’s finance team lead an innovation strategy initiative. Online input and collaboration for greater access. The early input shapes the strategic priorities, innovation exercises , and additional deliverables to foster successful implementation.

article thumbnail

The 5 Most-Needed Qualities for Leadership in Healthcare

CMOE

In addition to patient care, healthcare leaders have bottom-line finances to think about. This can foster a collaborative team that works together to make decisions. Fostering a work culture that values collaboration, competence, and transparency can help build a team of attentive and critical thinkers. Competing demands.