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Pygmalion effect: The self-fulfilling prophecy

Idea to Value

This can create a positive feedback loop, where time and resources to develop skills will make that person to develop faster than other peers, making them look better by comparison, resulting in even higher expectations and more opportunities to improve further. Unfortunately, the Pygmalion effect is not only positive.

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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Comparison with Radical and Disruptive Innovation While both radical and discontinuous innovations involve major shifts, the term “discontinuous” specifically highlights the break from traditional continuums in industry and consumer habits. This includes: Empowering employees to pursue bold ideas without fear of failure.

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Why Millions Are Leaving Their Jobs to Realize the Benefits of Self-Employment

Business and Tech

Flexibility, creating your own workplace dynamic and culture, living out your entrepreneurial dream, controlling your own hours, being your own boss — many of these are typical characteristics of being self-employed that the American workforce experienced en masse due to the pandemic’s effect on workplaces.

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The cost of innovation

Jeffrey Phillips

These costs are cultural or psychological (the psychic cost of doing innovation), trade-off costs (doing one project rather than another), and the actual hard dollar spending that can be associated with an innovation project. Why is innovation so expensive culturally or psychologically? Let's examine each in turn.

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Navigating the Shift from Project to Product: A Map for Success 

Planview

Define Your Culture: Foster a product-oriented culture where governance models are defined and knowledge sharing and continuous learning are promoted. These steps encompass all critical facets of an organization’s operations, from alignment and planning to culture and change management.

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Innovative Strategies for Effective R&D Budgeting

Innov8rs

It’s a task that’s typically both strategic - aligning R&D investments with corporate goals and market opportunities - and cultural, as the organization embraces more agile and responsive budgeting practices. Peer benchmarking also requires available, accurate data and for comparisons to be made with similar companies only.

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TRANSFERRING IDEAS FROM ONE DOMAIN TO ANOTHER

Michael Michalko

Genius is often marked by the ability to imagine comparisons and similarities and even similar differences between parallel facts and events in different fields or “other worlds.” This is a structured technique that helps you imagine comparisons and similarities and even similar differences between subjects in other worlds.