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Does The Age Of A Board Affect Company Innovation?

The Horizons Tracker

Innovation involves trying out new things, making improvements, and seeing what works in the market. This can make it tough for company leaders to push for innovation. The study found that if that was the case, firms seem to be “more” innovative than normal. This takes time and patience. But there’s a problem.

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Insurance Executive Search: Navigating the Landscape of Risk and Reward

N2Growth Blog

They are no longer responsible for managing risk but also for driving innovation, enhancing customer experiences, and achieving sustainable growth. Strong strategic leadership skills, including the ability to inspire and motivate teams, are also crucial in navigating the complexities of the insurance sector.

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How Corporates Can Best Engage With Startups

The Horizons Tracker

Working with startups is something many organizations strive to do in order to tap into the innovation and ingenuity such partnerships can bring. In other words, will the intermediary have the team to cultivate effective relationships with the entrepreneurs? “Every day, corporates are less unique,” the researchers say.

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The Role Prediction Markets Play In Assessing Climate Risk

The Horizons Tracker

Prediction markets are often highly effective means of bringing together diverse perspectives, and have been shown to outperform individuals and teams in a wide range of tasks. A recent study from the University of Lancaster suggests they could also be effective in helping us assess future climate risks. ” Understanding climate risk.

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Decision Markets Outperform Committees (But Trust In Them Is Low)

The Horizons Tracker

The results revealed that groups can perform pretty well when the members have common incentives and interests, and can even outperform prediction markets. This isn’t the case when there are conflicts of interest among members however.

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The Case for Corporate Disobedience

Harvard Business Review

But as Steve Blank, Henry Chesbrough, and others have pointed out , that advantage is offset by the daunting fact that corporate innovators have to fight a war on two fronts. This is where the concept of stealth innovation can help you. To some extent, you can secure the necessary flexibility by negotiating it up front.

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Big Pharma's Hidden Business Model and How Your Company Funds It

Harvard Business Review

Equating "innovative" with new molecules misses the point: to develop clinically superior new medicines. The apparent business model of Big Pharma emphasizes the billions spent at great risk to find "innovative" and "breakthrough" new molecules that must be priced high to recover research costs that have become "unsustainable."