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The Biggest Obstacles to Innovation in Large Companies

Harvard Business Review

It turns out that the word “innovation” is not a Harry Potter-esque magical incantation that, once spoken, renders companies more inventive, creative, and entrepreneurial. It can be emblazoned on the door to a new innovation center in Silicon Valley. Yes, even Toys R Us had a head of innovation.).

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Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We found that, overall, innovation does not rank as a top strategic challenge for the majority of boards.

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The Alchemy of Culture: 4 Key Ingredients from the Founder of Qor

Steve Farber

And that’s a good thing to keep in mind if you want to help build an innovative culture. And we know his latest venture, men’s sports apparel startup, Qor (pronounced “core”), is already achieving over 30% yearly growth in part because it’s replicating the Athleta culture of caring. Know that love matters.

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What Big Companies Get Wrong About Innovation Metrics

Harvard Business Review

The fear of getting Netflix-ed or Uber-ized is spurring big companies to dial up their investment in innovation. But as investment increases, many companies are struggling with a challenging question: how do you know whether your chosen innovation strategy is actually bearing fruit? Number of projects in the innovation pipeline.

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Smarter Retailing via (Un)conventional Thinking

Harvard Business Review

The large UK retailer, owned by Wal-mart, lowered its 2010 expenses by over ÂŁ70 million ($110 million) through energy and waste reduction throughout its retail footprint of 500 stores. The maverick retailer has also launched a new website for owners of Patagonia apparel to sell their used clothes to other consumers. Consider Asda.

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Luxury Brands Can No Longer Ignore Sustainability

Harvard Business Review

If I asked you to picture the consumer luxury market, you might imagine jewels, sports cars, watches, premium drinks, high-end shoes and apparel, and so on. But according to a new report, 2016 Predictions for the Luxury Industry: Sustainability and Innovation , that sustainability gap is closing fast.

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We Need to Ask How We Can Make Economic Growth More Inclusive

Harvard Business Review

Innovation abounds (especially in technology) and new value is being created hand over fist — yet the resulting wealth gains go to the few, while the many wind up financially worse off. This vexing global challenge causes me to wonder, “What if the world’s innovators turned their sights on solving this problem?