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Two Questions to Ask Before You Set Up an Innovation Unit

Harvard Business Review

Without realizing it, even well-managed businesses versed in modern management practices can generate an environment that is hostile to innovation. For all of these reasons, large companies need to have a distinct Innovation Unit headed up by a senior executive who ideally reports to the CEO.

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What Big Companies Get Wrong About Innovation Metrics

Harvard Business Review

Market share, cost reductions, and profit margins of new businesses are examples of impact metrics. The most widely used metric among our respondents, for instance, was revenue being generated by new products or services over the course of their first few years in the market. Number of ideas generated. The result?

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The Problem With Coaching | N2Growth Blog

N2Growth Blog

I have had more than a few engagements that have come about as a result of the need to repair the carnage and devastation that occurred from the implementation of advice put forth, or the ideas generated by a well intentioned yet unqualified “coach”.

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Taming Your Company's Most Elusive Beast

Harvard Business Review

Innovation is one those evergreen themes: it is a rare CEO who doesn't list innovation as one her top four or five priorities. Some pharmaceutical scientists will spend an entire career working on drug development without a single one of their products reaching the market. None of them involve idea-generation schemes.