Remove Diversity Remove Examples Remove Innovation Remove Pharmaceuticals
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Businesses Are Unintentionally Limiting Their Innovation

The Horizons Tracker

In their search for innovative solutions, businesses actively seek a variety of unique ideas. For example, consider a farming company that asked website users for ideas on new features. When new contributors didn’t know about past choices or when established contributors left, the pool of ideas was more diverse.

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How To Discover Your Organization’s Next Big Growth Opportunities

Tanveer Naseer

The following is a guest piece by Innovation Excellence co-founder Rowan Gibson. What most companies understand now is that the only way to drive profitable growth and wealth creation over the longer term is to innovate. But that’s not the way radical innovators envisage their organizations. This is quite understandable.

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Ready to Grow Your Business? How to Appeal to Niche Audiences

Strategy Driven

With life expectancy typically increasing and medical innovations positively impacting people’s health, for the first time since records began there are more seniors than children under 5 years. You want your campaign to be inclusive and not something that restricts the idea of diversity. Bilingual Consumers.

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This Pharma Company Stays Innovative by Doing Two Things

Harvard Business Review

For industries that depend on innovation, sustaining it is a constant challenge. These two actions cost almost nothing compared to vast sums often spent — and arguably, often wasted — on efforts to foster innovation. Yet they have already generated tens of millions of dollars in value for Roivant.

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India Remakes Global Innovation

Harvard Business Review

We recently visited the brand-new R&D lab of Dr Reddy's , one of India's leading pharmaceutical firms. Besides Dr Reddy's, several leading Indian firms are pioneering polycentric innovation: Tata Motors. Polycentric innovation won't work in organizations that promote groupthink. Integrate with local innovation ecosystems.

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Offices Can Be Bastions of Civility in an Uncivil Time

Harvard Business Review

It is where employees with diverse backgrounds and opinions can work together to pursue shared objectives, unencumbered by the divides and tensions that exist elsewhere. However, they must understand civility in the broadest possible sense: as encompassing diversity and inclusion and respecting rather than inflaming difference.

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To Seize the Future, Create a Leadership Circle

Harvard Business Review

A global pharmaceutical company was about to lose the strategic advantage of several blockbuster drugs coming off patent. The hope was that the diversity of brainpower and perspectives would yield imaginative ways to outgrow the shortfall. What’s needed is a way to enhance, even exploit, the value of the diversity in the room.