article thumbnail

How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

Innovation Capital. Whether you have invented an amazing new technology or product, you could still fail. And one of the most overlooked reasons for entrepreneurial failure is innovation capital. Human capital: who you are as a leader of innovation . Social capital: who you know with key expertise and resources.

article thumbnail

Build a Simple System to Achieve Success

Coaching Tip

By being selective as to who we let into our social networks, we retain the ability of instantly collaborating with many people across time zones and borders. The foundation of network technology is how the people we connect with think about the collaboration process. . Those networks that violate the law of reciprocity die.

System 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Talking with Each Other @ Work

Coaching Tip

The true structure of the organization is not what is written down on an organizational chart, but what actually occurs as people connect through roles , influence and decision-making processes. Find out more about social capital by clicking here. Effective social networks that are built on the "law of reciprocity" flourish.

article thumbnail

Becoming a Network Linchpin

Coaching Tip

Since all the work in every organization is done through relationships, it makes great sense to utilize technology to allow people to connect and collaborate easily and effectively. The best leaders build the ‘social capital’ of their organizations,” says Dr. Wayne Baker, author of Achieving Success Through Social Capital (Jossey-Bass, 2000).

article thumbnail

First, Know Yourself

Coaching Tip

And media is a pathway to the public you're trying to influence. . Your success formula is based on: Your Human Capital (what you know and can do) X Your Social Capital (who you know and who knows you) X Your Reputation (who trusts you). Technology is shrinking our world. A book also opens the door to the media.

PR 106
article thumbnail

Building Customer Communities Is the Key to Creating Value

Harvard Business Review

Companies are now taking advantage of this new marketing reality, becoming more skilled at getting their customers to advocate for them, create peer influence in their markets, and make important contributions in areas like product development and services. High glamour isn't the only way to help customers build social capital.

article thumbnail

How Men Can Become Better Allies to Women

Harvard Business Review

At one recent conference for women in technology, a Bingo card was circulated by women in the audience just before a panel composed of men on the topic of male allyship. As two men who write and speak about cross-gender allyship and mentorship , we’ve noticed occasional backlash from women when dudes show up at women’s events.