The virus COVID-19 proved Plato was right: crisis is the mother of invention. McKinsey's new report on the Trends that Will Drive 2021 and Beyond identifies a wave of innovation and a new generation of entrepreneurs sparked by the pandemic as one of the expected trends for the new year. Companies that want to be a [...]
Human Resources can make significant contributions toward improving a company’s innovation, especially with mature or fast-growth post start-up companies. Human Resources can engineer the organization’s talent management and culture so that it is more innovative, while also maintaining the excellence and reliability of its current operations. They all are needed to drive today’s profitability. We [...]
Most executives believe that becoming more innovative is strategically important for the future success and financial vitality of their companies. The empirical evidence shows that organizations with highly innovative cultures create a sustainable competitive advantage and superior financial success. However, 70% of Fortune 1000 companies fail at improving the innovation of their companies. In this [...]
