The Myth of Sustainable Fashion

Harvard Business

Despite high-profile attempts at innovation, the industry has failed to reduce its environmental impact so far. Business and society Social and global issues Society and business relations Retail and consumer goods Digital Article

Partnership: A Crucible for Innovation

Lead Change Blog

Realizing the path to innovation would require revolutionary new thinking; all three leaders grasped that it would also take a new way of coalescing and harnessing talent. Reading Collective Genius , The Innovators , Creativity, Inc. and The Google Guys yields a strong confirmation that the pursuit of innovation might require a partnership approach, not a traditional teamwork style. Sourcing Innovation Collaboratively. Luca de Meo at Volkswagen AG did it.

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Five Strategies for Nonprofit Innovation

LDRLB

Dependence limits innovative thinking. And earlier this year, New York’s Mayor Bloomberg doled out awards specifically recognizing the city’s most innovative nonprofits. But here’s the challenge: most nonprofit innovations come from socially minded start-ups that invented themselves from scratch. By hosting upscale events like fashion shows and celebrity clothes auctions, King and the rest of the Housing Works team have turned the thrifts into must-visit attractions.

Making Sense of Speed, Agility and Innovation

Leading Blog

Or, think about innovation. Everyone knows innovation is important. But again, if you can innovate successfully, is that enough? We believe that each of these factors is important, but left to themselves, implemented in a discrete fashion, without integration or coordination they won’t make a significant difference. In truth, factors like speed, agility and innovation aren’t all that valuable by themselves.

How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

Innovation Capital. And one of the most overlooked reasons for entrepreneurial failure is innovation capital. That’s why I enjoyed talking with Jeff Dyer who, along with Nathan Furr and Curtis Lefrandt, wrote a new book, Innovation Capital: How to Compete and Win Like the World’s Innovative Leaders. He offers a unique perspective on innovation and winning in the marketplace. You are teaching what separates successful innovators from those who struggle.

Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. Those of you familiar with my work are probably wondering if it is really me authoring this text…if you’re baffled at how a champion of innovation can simultaneously be an idea-basher, I urge you to read on, and I promise the congruity will become apparent.

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How Sustainable Innovation is Changing the Face of Business

Strategy Driven

Businesses in all industries must take note and must take action, and with these top innovations leading the way the future is indeed looking brighter. The Rise of Sustainable Innovation. Sustainable innovation has arisen for two main reasons: Public Awareness. Top Sustainable Innovations to Be Aware Of. That is why all businesses must be aware of the sustainable innovations occurring around the world. Innovative Materials Changing Fashion.

Two thought-provoking perspectives on the “crisis of capitalism”

First Friday Book Synopsis

transformational innovation in product and process technologies to minimize resource use the “short-termism” of so much modern business lies at the heart of many of today’s problems The challenge for business is to meet global needs in a sustainable fashion The remedies for capitalism Two thought-provoking perspectives on "the crisis of capitalism" UnileverHere are brief excerpts from two articles featured by McKinsey & Company.

Knowledge is power

Lead on Purpose

This question was answered in a very interesting fashion on a on a podcast where Dr. Paul interviews Dayna Steele , a lively author and former rock-n-roll disk jockey in Houston.

Power 100

The Benefits of Taking a Slower Approach to Innovation

Harvard Business

In our experience, managers tend to focus their innovation efforts on processes that are either large in scale (new products and business models ) or swift in development (hackathons, rapid prototyping, or emerging platforms). But there’s also another type of innovation that is more gradual and smaller in scale. We call it slow innovation. Slow innovation projects can be just as impactful in the long-term. The nature of slow innovation poses challenges, however.

Coral Chung, Senreve, and the Idea of the New Modern Woman

CEO Insider

Impeccable quality and innovative construction are the mark of the new “it”-brand in luxury handbags, Senreve. Launched in November 2016 by fashion veteran/executive Coral Chung, Senreve started with a simple mission: craft a functional, stylish bag fit for the modern, multifaceted woman.

New York’s Fashion Industry Reveals a New Truth About Economic Clusters

Harvard Business Review

The week before Fashion Week in New York, now underway, is perhaps the busiest in the city’s apparel industry. How does New York’s fashion industry continually pull off Fashion Week year after year? To find out answers to these questions, we tracked 77 fashion designers working in the Garment District and the larger New York region over two weeks in July 2011.

To Foster Innovation, Connect Coworkers Who Share Aspirations

Harvard Business

On the other hand, after finishing this “group contribution”, the same person could choose to work in a more individualistic fashion on the next task.) The company issued innovation challenges related to its strategic plan. A third example is PwC iMarket, an innovation initiative launched in 2013. Collaboration Diversity Innovation Digital ArticleThere are three types of identities we all have as human beings.

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The Decay of Brand Differentiation

In the CEO Afterlife

Along the way, the leaders of these organizations turned their backs on the tenets of great branding, defined as carving out unique brand positions and adding to that strategic advantage with innovations that thrill customers. Maybe it’s because the leaders of these enterprises didn’t believe they could succeed the old fashioned way. After decades of absence from the innovation arena, their cultures are no longer conducive to strategic brand building.

Brand 180

Want to Do Corporate Innovation Right? Go Inside Google Brain

Harvard Business

Each of these companies, in its own way, is a superior innovator. But what makes Google (now officially known as Alphabet) different is that it doesn’t rely on any one innovation strategy, but deploys a number of them to create an intricate — but powerful — innovation ecosystem that seems to roll out innovations by the dozens. Innovating from the bottom up. Innovating the core. Apple fuses technology with design.

Help Us Innovate the Innovation Process

Harvard Business Review

In the creative economy, innovation is more important than ever. Innovation is the only insurance against irrelevance. Innovation, in operations, products, business models and ecosystems, isn't merely a competitive advantage, it's the competitive advantage. We all get it: innovation is the lifeblood of every organization. Yet more often than not, when innovation occurs, it's a "happy accident" rather than the product of a deep-rooted innovation competence.

Improving Innovation in Africa

Harvard Business Review

New research , funded by the Tony Elumelu Foundation and conducted by my team at the African Institution of Technology , shows that within Africa, innovation is accelerating and the continent is finding better ways of solving local problems, even as it attracts top technology global brands. Innovation in Africa remains challenged by factors that indirectly stymie access to capital, including property rights, poor technical manpower, and inadequate infrastructure.

Why Hippies Make Great Business Leaders

Great Leadership By Dan

Guest post from Michael Klassen : After three decades of working in marketing, I thought I had heard or read nearly every story of innovation and entrepreneurship out there. A tale that featured three dozen or so people who hatched forty-some innovative ideas and products, all in less than two years’ time, that over time accrued a collective value of nearly a trillion dollars and employment for millions. billion men’s accessory fashion industry.

5 Leadership Lessons: Redesigning Leadership

Leading Blog

Ironically, with all the communication technologies at our disposal today, it’s still difficult to get a message across to the person sitting right next to you in a reliable fashion. Creativity & InnovationJohn Maeda is the president of the Rhode Island School of Design. In Redesigning Leadership , he—with co-author Becky Bermont—pulls the leadership lessons from the ups and downs of his time there.

How to Manage Teams in Different Locations

ExactHire - Restaurants

Nothing against Grandma, but her notions of remote management are a bit old-fashioned. Workforce Management construction HR trends innovation leadership restaurantsI love the way grandmothers pack priceless wisdom into colorful phrases.

Will You Leave a Mrk?

Mills Scofield

Mrked is a tech accessories company that not only offers quality, fashionable products, but also a chance for you to “Leave a Mrk” on the world. Walking into the Apple store, you may have noticed the vast selection of iPhone snap cases and high-end fashionable cases that barely offered your $500 investment any protection. Brown University Culture Innovation Leadership Mrked Room to Read Social Entrepreneurship Social Innovation iPhone Cases

Peru's Innovation Drive

Harvard Business Review

Unlike other countries in Latin America, such as Mexico, Peruvians have learnt to innovate on shoestring budgets. Working with several doctors, the city set up a hospital, Hospital de Solidaridad, in a very different fashion. All of Latin America needs to learn from this kind of innovation, and figure out how to enhance the numerator either by enhancing value, like the Colombians did , or by re-imagining value, as the Peruvians have. Health Innovation Strategy

Why Big Companies Can't Innovate

Harvard Business Review

Big companies are really bad at innovation because they're designed to be bad at innovation. For those who would admonish Gerber for their approach to transformational innovation, it might be wise to consider that the company did exactly what it was designed to do: create operational efficiency. In it's infancy, it's designed to bring innovation to the market. It was product development in an operationally-efficient fashion. Innovation Product development

The Skills that Every Entrepreneur Must Have

Strategy Driven

Whether you’re a homemaker turning a hobby into a business or a dedicated innovator looking to create the next big thing, there are certain basic skills that you can improve and build upon to enhance your chances of success.

The Power of Proposition Innovation

Harvard Business Review

An old-fashioned process, proposition innovation starts with companies — not consumers — and entails developing products and services that aren't based on consumer feedback or profiles. Italy's best-known industries adopt this approach; for instance, fashion houses, from Armani to Prada, create new lines every season, setting trends that others quickly copy. Still, the innovations stem from deep within the company. Design Employee retention Innovation

Is Innovation More About People or Process?

Harvard Business Review

What’s more critical to producing a breakthrough innovation – finding creative people or finding creative ideas? Writing in response to the publication that year of IDEO cofounder David Kelley’s The Art of Innovation , Schrage argues that IDEO’s ability to innovate lies not so much in the methodologies of brainstorming, hot teams, and rapid prototyping that Kelley describes but in its culture. Organizational culture Innovation

The Human Impact of Rapid Tech Change

Lead Change Blog

Companies are increasingly utilizing automation technologies to increase productivity and innovation. Celebrate the small wins or milestones in a timely fashion with everyone to demonstrate progress and acknowledge their accomplishments. The intent for the change should focus on increased productivity and innovation, rather than expense reduction.

Become a Brand Renegade

Leading Blog

It shares the ways in which we stand above the rest: Club Tattoo has redefined the luxury tattoo and piercing industry by creating a viable lifestyle that reaches a wide audience but maintains a core value system that is innovative and has set a new standard for the tattoo and piercing industry.

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How to Get Ahead: Self-Directed Learning

N2Growth Blog

Yes, I did it the old fashioned way — I bought books and read them. As Peter Drucker, famous business guru, once said: “ innovation is nothing more that the re-application of existing technology. Human Capital Innovation Productivity Inc Self-directed learners, or autodidacts, possess the capability to chart their futures in ways that can give them an advantage over their less ambitious contemporaries. I should know, I am one!

To Inspire Innovation, Get a Muse

Harvard Business Review

Does your business — should your innovators — have a muse? For fashion houses and the arts, having a muse teeters on cliché. While Clay Christensen is unlikely to publish "The Innovator's Muse" anytime soon, the empirical fact is that innovative organizations are desperate for sources of design differentiation. After all, executives hire coaches; why shouldn't creative innovators budget time and resources for a muse or two?

The Traits of Socially Innovative Companies

Harvard Business Review

In this article adapted from their new book, Jerry Davis and Chris White explore what makes some companies more fertile for social innovation — that is, the ongoing (rather than one-off) initiatives that have positive social impact while promoting the core mission of a business. In the course of our research, we have found that some human capital-intensive industries are more inherently receptive to social innovation than others. Innovation & Entrepreneurship Book.

Get Ready for China's Innovation Juggernaut

Harvard Business Review

The Chinese admire America, especially its entrepreneurial spirit and track record in commercializing innovation. America should not underestimate China's capacity to innovate. From gunpowder on, the history of Chinese innovation is strong. When the Chinese can no longer make easy money imitating, they will start innovating. Home-grown innovations will motivate tougher enforcement of intellectual property regulations. China Innovation

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Scan for the 3 key ingredients of trends to survive in the Expectation Economy

Strategy Driven

If you work for a small firm or a giant organization, in fashion or finance, in Texas or Tanzania, you are competing in a ruthless, globe-spanning Expectation Economy. Trend-Driven Innovation , as detailed in our book of the same name, is the end-to-end process of tracking changes in these expectations to make sure that your products, services or experiences don’t fall behind. Innovations. Maxwell Luthy is the author of the new book Trend-Driven Innovation.

Answering Your Questions About P&G and Innovation

Harvard Business Review

June's Harvard Business Review features a story by Procter & Gamble Chief Technology Officer Bruce Brown and me on " How P&G Tripled Its Innovation Success Rate." First, some of the ways that P&G reduces risk on individual projects are generally good innovation practices for everyone. Second, look at how P&G recognizes that any individual effort could fail and so creates a portfolio of innovation efforts. Q: P&G seemed to start with a strong culture of innovation.

Leading a “Mozart”

Lead Change Blog

But they can propel us to greatness by being the spark plug for the organization’s innovation engine. What are ways to lead a “Mozart” in a fashion that maximizes their value without losing them to a competitor? The goal is not to change them but to effectively lead them in a fashion that harnesses their creative energies. He was arguably the greatest composer who has ever lived. He wrote over 600 scores during his short 35 year life span.

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Why That New Innovation Effort May Not Be Worth It

Harvard Business Review

Nowadays, almost every company claims to be innovative, if only to attract top talent, please investors, and strengthen its brand. Some companies are innovative, but many are not. Is the innovation effort only inducing fear, uncertainty, and doubt in the market, or is the company really walking the talk? Innovation readiness depends on two key factors: motivation and competence. The Organization: What motivates the urgency for innovation?

Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

Innovation is widely regarded as important to long-term business performance. So, to achieve higher performance, should company boards and investors choose CEOs with the expertise that would better qualify them to lead innovation? Our research suggests that in certain industries—where breakthrough innovation is critical for growth—they should. There was no strong association between CEO background and firm performance in high-tech and fashion retail.

How Ad Agencies Can Make the Shift to Open Innovation

Harvard Business Review

Digital disruption has clearly been one of the major catalysts for this change, but less has been said about how the transformation is a prime example of open innovation , a focus of my research for many years. What it takes to make the successful shift to open innovation is always an important theme in our discussions. They increased the innovation pipeline (the next important shift) by inviting thousands of fans to create a commercial for the Super Bowl.

Brand 12

Innovation Springs from the Unexpected Meeting of Minds

Harvard Business Review

They set up the creative, collaborative environments that foster crossovers and the innovations that come from them. A study by Martin Ruef, a professor at Duke University, found that horizontal networks of individuals with a diversity of expertise were three times more likely to innovate than uniform vertical networks. When our customers and employees go to the “Store,” they can do their own mixing and matching to fashion whatever specific solutions they need.

What Coffee, Bleach, and Bondi Blue Teach Us about Innovation

Harvard Business Review

That McDonald's or Pret a Manger is less open to disruptive innovation than El Bulli? If you believe any, or all, of those things, then you're not a business sophisticate, you're an innovation snob. — dismissal of perfectly profitable innovations because they're not digital, technological, or fashionable reveals more about elitist snobbery than market substance. My concern over innovation condescension was provoked by surprising comments on a previous post.

How to Tell If a Company Is Good at Innovating or Just Good at PR

Harvard Business Review

Obviously professionally produced, it highlighted the space the company had set up for innovation. But further investigation showed that the video was nothing more than a beautiful piece of “innoganda” — innovation propaganda describing an effort that had little hope of driving any material impact. In many organization, innovation has gone from fringe to buzzword to a must-have. There are companies that pursue innovation with rigor.

The 5 Enemies of Trustworthy Leadership

Lead Change Blog

It’s the critical foundation for creating an environment where your team members can flourish, be engaged, and exercise their creativity and innovation to achieve their goals and those of the organization. Nearly everyday we hear or see reports of prominent leaders who have been caught in a scandal, violated the law, or broken trust with their followers in some form or fashion. For leaders, trust is a must.

Do You Lead a High Trust Organisation?

Lead Change Blog

Learning is encouraged, as is experimentation and innovation. Feedback is not encouraged, and conversations take a round-about fashion, rather than direct. Trust in an organisation is the glue that holds the thing together. The better the level of trust, the stronger the relationships are, the higher the productivity of the team, and the more successful the organisation is.