14 01, 2020

Your company’s innovation needs more mavericks

2020-01-14T06:31:58-08:00

During annual workforce planning, Scott Ward, the President of Medtronic Vascular, used to say, “Hire us some more mavericks. They don’t always fit in, but we need them for innovation.” He defined mavericks as the technical people who were dedicated to solving the mysteries of the disease states we treated and the current shortcomings [...]

Your company’s innovation needs more mavericks2020-01-14T06:31:58-08:00
5 11, 2019

How to crack the code of sustained collaboration

2019-11-05T08:06:57-08:00

Many business leaders want more collaboration and innovation from their workers, but they often struggle with how to get it. Too often, they believe that a crisis, an open office environment, or a set of values will spur collaboration. They often can see progress, but their efforts fall short. Why? Collaboration requires a set of [...]

How to crack the code of sustained collaboration2019-11-05T08:06:57-08:00
9 07, 2019

The secret to implementing AI

2019-07-09T10:42:33-07:00

Artificial Intelligence is a buzz word these days, and many believe that companies are using AI to automate customer service, recruiting, store data, and perform other functions. However, the buzz has run into a buzz saw. After surveying thousands of executives about how their companies use and organize for artificial intelligence and advanced analytics, McKinsey [...]

The secret to implementing AI2019-07-09T10:42:33-07:00
6 05, 2019

7 Qualities of Team Leaders Who Drive Innovation!

2019-05-06T16:12:40-07:00

Many executives we work with are frustrated in their efforts to improve the innovation of their companies. One of the problems? Middle management gets in the way of innovative employees by clinging to dominant leader styles. Our experience and the lessons of empirical research shows that middle management can be the key to a company [...]

7 Qualities of Team Leaders Who Drive Innovation!2019-05-06T16:12:40-07:00
12 03, 2019

Haphazard innovation fails. Six steps for superior innovation results!

2019-03-12T15:56:44-07:00

Some 170 of the world’s largest companies (as measured by revenue), have a declining return on investment for their innovation projects, according to research. Why? Many companies under pressure to show that they can disrupt a market (or starve off disruption) are pursuing innovation haphazardly. Many of their investments end up being non-strategic, poorly linked [...]

Haphazard innovation fails. Six steps for superior innovation results!2019-03-12T15:56:44-07:00
3 12, 2018

Strategy Shift: Innovation and risk as the foundation for strategy and financial success.

2018-12-03T15:17:20-08:00

Organizations around the world are facing ever-changing customer preferences, generational shifts, the need to digitize their operations, and disruptions from well-funded start-ups outside of their domains. In our experience consulting with firms, we have learned two certainties related to innovation and strategy. This blog is based on the academic paper, “Strategy shift: Integrating strategy and [...]

Strategy Shift: Innovation and risk as the foundation for strategy and financial success.2018-12-03T15:17:20-08:00
14 11, 2018

Digitizing Your Company? Success Depends Largely on One Factor…

2018-11-14T08:56:54-08:00

Empirical evidence has long shown that transparent, collaborative and adaptive cultures empower business and financial success by enabling innovation.[i] Now companies are learning that if they do not have innovative cultures their digitization strategies languish. According to McKinsey’s 2018 Global Survey on digital transformation, 80% of the nearly 1800 respondents have launched digitization efforts in [...]

Digitizing Your Company? Success Depends Largely on One Factor…2018-11-14T08:56:54-08:00
13 03, 2018

Seven Traits of Agile and Innovative Leaders

2018-03-13T09:42:30-07:00

Dominance used to be the main criteria CEOs and Chief Human Resources Officers used to determine who would make a great leader. Dominance and achievement were the most reliable characteristics CEOs looked for to determine who would be their successors. Dominant leaders are the ones who speak first in meetings, most frequently interrupt others, [...]

Seven Traits of Agile and Innovative Leaders2018-03-13T09:42:30-07:00
27 02, 2018

Suffering from a lax work culture? The answer is in the numbers.

2018-02-27T20:02:05-08:00

A business executive complained to me about the lax work culture shown by his employees. “Everyone leaves the office by 4:30,” he said. “Where is their commitment to our mission? Where is their commitment to our customers and to get new products out on time?” he asked. He carried with him in his briefcase an [...]

Suffering from a lax work culture? The answer is in the numbers.2018-02-27T20:02:05-08:00
6 02, 2018

6 Tips to Focus Employees on What to Do—And What to Stop

2018-02-06T10:52:19-08:00

One of the toughest challenges facing any CEO is rallying the organization to effectively execute new strategies. Many business pundits wisely encourage CEOs to use the company’s mission and higher purpose to appeal to the intrinsic motivation of their employees. Employees, to be sure, will commit their discretionary effort and innovation to a cause they [...]

6 Tips to Focus Employees on What to Do—And What to Stop2018-02-06T10:52:19-08:00