Remove Budgeting Remove Consensus Remove Innovation Remove Operations
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Unlocking Creativity: Are These Creativity-Inhibiting Mindsets Holding You Back?

Leading Blog

I N AN IBM global survey of CEOs, the overwhelming consensus was that more than rigor, management discipline, integrity or even vision, successfully navigating an increasing complex world will require creativity. They expect disciplined execution—on time and under budget. And there seems to be a stigma surrounding creative types.

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What U2 and the US Navy Have in Common: Connecting with Core Employees

Michael Lee Stallard

In addition to the negative impact on decision-making, diminished communications from the lack of connection reduces the marketplace of ideas inside the organization, which in turn reduces innovation. He made certain the Navy’s plans and budgets were aligned with his priorities. Instead, he increased the training budget.

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The Secret History of Agile Innovation

Harvard Business Review

You hear a lot about “agile innovation” these days. Borrowing many of the HBR article’s key ideas and filling in specific operational practices, Sutherland created a new way of developing software; honoring the rugby imagery, he dubbed his approach “scrum.” They keep customers happier.

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How One Company Made Its Analytics Investment Pay Off

Harvard Business Review

The ABU was set up as a centralized profit center with ambitious targets and with direct reporting to the chief operations officer; most often, similar units are organized as cost centers with no specific targets. The value generated by risk- and operational cost-abating analytics initiatives is measured by their impact on the bottom line.

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A Partial Defense of Our Obsession with Short-Term Earnings

Harvard Business Review

Here’s a conundrum: On the one hand, there’s a consensus among thoughtful business leaders that too many companies are sacrificing long-term growth on the altar of smooth, reliable short-term earnings. The 2005 refinery disaster at BP’s Texas City is an example of what can happen when these investments get neglected.

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Creative Destruction Visits the Legal Profession

Harvard Business Review

The other half might have been open to the idea that law firms needed a strategy, but completely opposed to having anything other than a consensus-built, senior partner-friendly mechanism for making strategic choices, which almost by definition is doomed to fail. Just keep billing those hours!

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Jack Welch’s Approach to Breaking Down Silos Still Works

Harvard Business Review

Welch was convinced that the speed of globalization and technological innovation in the 21 st century would require companies to work very differently – with shorter decision cycles, more employee engagement, and stronger collaboration than had previously been required to compete. This was delaying product production.

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