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Leaders will invest less in transformational innovation due to fears over the economy

Idea to Value

One of the biggest questions I am getting from businesses at the moment is what the potential impact of a recession or the slowdown of the economy might have on their innovation efforts. And according to a new report by Innovation Leader and KPMG USA called “ Benchmarking Innovation Impact, from InnoLead.”

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These companies failed because leaders did not want to hear bad news: The Ostrich Effect

Idea to Value

Have you ever worked for a manager or boss who did not want to hear bad news? This can be especially dangerous when the problem they are avoiding is that they are being disrupted , other companies are out-innovating them, an important project is off-target or performance KPIs are falling behind. Volkswagen.

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Elevate Your Strategy: Leading Executive Team Offsites for Business Success

Leapfrogging

Setting the Stage for Success In the ever-evolving business landscape, executive team offsites have become a cornerstone for strategic planning and decision-making. By stepping away from the daily operations, you and your leadership team can focus on long-term goals, team building, and innovative thinking.

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Unleash Your Teams Strategic Potential: 10 Ways to Craft the Best Business Strategies

Leapfrogging

The Role of Leadership in Strategy Development Leadership is at the heart of strategy development. This involves not only setting the path but also empowering your team to contribute their ideas and insights to the strategy. It’s about making informed choices and encouraging your team to think beyond the day-to-day tasks.

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Mastering the Art: Using Organizational Culture for Business Agility and Resilience

Leapfrogging

A culture that is adaptable, innovative, and collaborative can better withstand market fluctuations and respond to challenges swiftly and effectively. For strategies on leading this change, delve into lead culture change for greater innovation & business growth and develop executive leadership to drive organizational culture change.

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Crafting the Path to Success: Designing Leadership Team Offsites for Strategic Planning Triumph

Leapfrogging

Setting the Stage for Success Importance of Leadership Team Offsites Leadership team offsites play a pivotal role in shaping the future of an organization. By stepping away from daily operations, you and your team can focus on long-term goals, engage in deep discussions, and forge stronger bonds.

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The basket of bad ideas scenario

Jeffrey Phillips

A good movie, The Big Short, noted that this same philosophy, mixing up a number of bad loans into a new package, is what caused the sub-prime lending disaster. This concept of a basket of weak or bad ideas is not practiced just in Hollywood, however. Did Apple runs its innovation course when Jobs left the scene?