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Episode 17 – Part 2: How to Manage Change and Create Resilient Organizations Through Innovation

IM Insights

.” The paper’s primary focus is to understand the culture and processes that enable successful corporate venturing, a critical strategy for organizations looking to thrive in a rapidly changing business landscape. Corporate entrepreneurship is a broad term encompassing initiatives to generate returns for the company.

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Drive Disruption with Design THINKING

Fehmida Kapadia

They have embraced design thinking, lean innovation, rapid prototyping and customer engagement and have successfully implemented these practices into their business. A 9–5 culture will create employees that put in the time. But to create a culture of innovation, we must provide employees the flexibility to explore and be inspired.

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Driving Success: Harnessing the Power of the Startup Ecosystem

Leapfrogging

Central to the ecosystem’s functionality are the startups themselves, which are typically characterized by their innovative approaches to solving problems and capitalizing on market opportunities. They are typically driven by a desire to support entrepreneurship and are less risk-averse than traditional financiers.

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Intrapreneurs

eZassi

They are not afraid to challenge the status quo and are driven to find innovative solutions to problems. By fostering intrapreneurship within your organization, you stimulate the development of disruptive ideas and invest in a collaborative work environment. Offer mentorship and guidance to help them navigate the process.

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Reinvention: Accelerating Results in the Age of Disruption

Innovation in Practice

In Cragun and Sweetman's upcoming book, Reinvention: Accelerating Results in the Age of Disruption [Greenleaf Book Group Press, July 2016] , the authors propose a simple formula, common principles, and set of tools for individuals and organizations facing disruptive and radical change.

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Want Innovative Teaching? Apply Startup Principles to Reinvent Learning.

InnovationTraining.org

As challenging as Covid has been, it has highlighted many flaws in our systems thus forcing innovation and disrupting industries, education not excluded. The time is ripe to go beyond talking about innovation to actually creating a culture of innovation.

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Why Corporations Need “Coopetition” with Startups

KindlingApp

Startup swami Eric Ries’ essential book The Lean Startup defines a startup as “a human institution designed to deliver a new product or service under conditions of extreme uncertainty”, which implies an essential element of innovation. Innovation is the best way to create a sustainable business and avoid becoming obsolete.