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Leading a Culture of Innovation

LDRLB

The most innovative companies pull the right levers to create a culture that leads to exploration, experimentation, and the innovations that positively surprise the market, create competitive differentiation, and drive growth. Innovation Leadership creativity innovation kaplan organizational culture' So how do you do it?

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Leading for Innovation: Why Fighting Fires Burns Down the House

LDRLB

This is a guest post form Soren Kaplan. Whereas innovation used to be all about research & development, technology, and product or service innovation, what’s required for innovation today goes far beyond the traditional nuts and bolts. Innovation innovation kaplan Leadership'

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Performance Measurement

Strategy Driven

We talked extensively in this book about how accounting profits or profit growth as a sole performance metric doesn’t lead to value creation. It turned out that the unit was driving profits by raising prices and cutting marketing and advertising expenditures. So while profits were rising and ROIC was high, market share was declining.

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Leading for Innovation: Why Fighting Fires Burns Down the House

LDRLB

This is a guest post form Soren Kaplan. Whereas innovation used to be all about research & development, technology, and product or service innovation, what’s required for innovation today goes far beyond the traditional nuts and bolts. Provide an innovation vision – Create a vision for innovation.

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The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

The HBS team has been using Time-Driven Activity-Based Costing (TDABC), an approach initially proposed by one of us (Bob Kaplan) and Michael Porter, to help providers pursue the value-based delivery of care. The project team developed TDABC process maps at the three locations.

Mayo 8