Posts Tagged ‘ownership’

Invitation to Innovate

Innovation is hardly a new term. Dating back as early as the 15th century, innovation comes from the Latin innovationem, noun of action from innovare, and means “to renew or change”.  It seems the best-kept secret of today’s top businesses is how they create an atmosphere that promotes and cultivates innovation. According to John Kotter, Innovation does…

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Happy Labor Day: Ownership is Risk Taking

  Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. For some, Labor Day signifies the end to sunny summer days. For others, it constitutes a yearly national tribute to the contributions workers have made to the strength,…

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What drives Innovation and who owns it?

Ownership is one of the key imperatives of Robert’s Rules of Innovation. Most would agree that innovation is everyone’s responsibility, but employees can’t innovate unless their leaders empower them to do so. Innovation needs a champion within the organization to push them to take calculated risks, and to step outside their own comfort zone. Without…

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Creativity Does Not Equal Innovation

Innovation and Creativity are words that are at times used interchangeably in the research and development process, but they have two distinct meanings. While creativity is about coming up with the big idea, innovation is about executing the idea and making it a business success. Do not confuse the two. An organization can certainly have…

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All Successful Innovation Needs a Champion and Ownership

This is the forth part in a series of articles that take the need of innovation under the loop and share some of the imperatives, must haves if you will, to create and sustain “NEW” in business or organizations. This article focuses on the need for ownership, as all successful innovations need a champion within…

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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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Fostering Creativity with Structure

Creativity in the form of fresh ideas, whether from executives, salespeople or customers, is an invaluable resource to any organization. But these ideas need guidance and structure in order to achieve the key goal of Innovation: profitable growth. To successfully channel ideas into a profitable result, it is necessary to establish a formalized New Product…

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