Posts Tagged ‘accountability’

Innovation ROI: The Tough Questions

Some things are easier to measure than others. For example, an objective such as lower cost of goods sold, or improved revenue is relatively easy to measure. Strategic objectives on the other hand have been historically more difficult to quantity. How do you measure Innovation as a strategic objective? What is the ROI of innovation?…

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10 IMPERATIVES TO SUSTAIN INNOVATION – All in one place

“In the 17th century, Innovators didn’t get accolades. They got their ears cut off.” – Emma Green The competitive marketplace of the 21st century has brought with it a new connotation of the word “Innovation. We used to believe the Earth was the center of the solar system. Then it was the sun. The Earth…

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Innovate With Purpose: Idea Prioritization

Idea Prioritization  Ideation and idea management pack the front end of the New Product Development (NPD) funnel with a wealth of viable concepts. One of the toughest processes in innovation is idea prioritization. Idea prioritization is about how you invest your company’s product development resources. Most companies have too many projects underway for the limited resources available.…

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Accountability Supports Sustainable Innovation

Without risk there can be no innovation, but what happens when success is finally achieved?  In order for innovation to be sustainable it must be driven by a structured management approach that strives for accountability, invention, and re-invention. Back in December, Innovation Enterprise held a Chief Innovation Officer Summit in New York City. One of the best discussions…

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Innovation from a “Gemba” perspective

When was the last time you approached your business as a customer? Have you ever placed an order for your own product, and followed its path from start to finish? It may be time to start. It may be time for a Gemba Walk.     Competitive business strategy requires effective planning, development and growth.…

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Let's Bring Back Accountability

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…

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Three Issues that Stifle Innovation, and How to Overcome Them

As an innovation leader, you know how important a culture of sustained innovation is to the survival of your organization. However, there are many factors that can challenge the innovation process. These issues may come from team members, executives, or the general culture of the organization. Here some common challenges that companies deal with, and…

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Is Your Team Held Accountable?

Before the start of any project, do you ask yourself, “Are my team members held accountable? Do they feel a personal responsibility to deliver the goods?” If you haven’t made the steps to communicate that message yet, it is essential to lay down that foundation in the beginning. For that reason, Accountability is the most…

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Innovate to Thrive: Time to Open the Throttle

As leaders search for the next process that will transform their organizations into category leaders, for many – it seems – the answer is close at hand: Innovation. Over the past several weeks and 10 posts on the Vistage Blog , we’ve reviewed key imperatives that formed “Robert’s Rules of Innovation” and that together create…

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Accountability: The Foundation of Sustainable Innovation

In Robert’s Rules of Innovation: a 10-Step Program for Corporate Survival, author and Innovation Speaker Robert Brands shares his 10 imperatives to nourish Innovation – the lifeblood of any company. Of Robert’s 10 imperatives, one of the most important and the most difficult to achieve is Accountability. Without accountability, there is no innovation. Action items…

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