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Innovation in a Reinvented World, + Website: 10 Essential Elements to Succeed in the New World of Business

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August 28, 2012

A step-by-step guide to the 10 essential and practical skills a business needs to innovate and thrive in uncertain times The reinvented world of business will profoundly impact America’s leaders and workers in the decade ahead. Companies capable of transforming their organizations during this period of “Great Disruption” will thrive in the reinvented world however, the reverse holds true as well. Innovation in a Reinvented World reveals how transformation occurs when business leaders and... Read more »

Gauging Your Organization’s Training and Coaching Program

August 28, 2012

For creating a company culture and mindset focused on innovation, it starts with proper training and coaching from the high ups of an organization. Team members need to be trained and coached to constantly improve their skill set, and this attitude should be continuously reinforced. It’s important for the entire company to be innovative, and not just a designated “Department of Innovation.” Successful, sustainable innovation depends on a natural curiosity and open-mindedness from all members... Read more »

Innovation is Creativity x Risk Taking

August 13, 2012

Innovation is impossible to achieve without taking a necessary amount of risk. In a world where the success rate of new product entries in the grocery business is 1 in 100, it is inevitable that every success sees failures along the way. An effective innovation leader should encourage creativity and risk taking, while also practicing a tolerance for failure. In order to foster initiative and innovation, ask yourself these questions. * Do you allow free research and development (R&D) time? * Do you invest... Read more »

Let’s Bring Back Accountability

August 5, 2012

From customers’ and suppliers’ viewpoint, Company X is fast growing, exciting, and high-energy. Inside, though, it’s a tornado. Fighting fires, arguing over who committed to what, why it didn’t happen, and noticing things that fell through the cracks in just enough time is normal. How can this happen when they have weekly departmental meetings, keep track of action items, and post projects and timelines everywhere? Easily! There is no accountability. They don’t hold each other... Read more »