Remove Innovation Remove Maturity Remove Tactics Remove Technology
article thumbnail

A Simple Tool You Need to Manage Innovation

Harvard Business Review

Management knows it and so does Wall Street: The year-to-year viability of a company depends on its ability to innovate. Yet many companies have not yet learned to manage innovation strategically. One tool we've developed to help companies manage their innovation portfolio is the Innovation Ambition Matrix (see the chart below).

Ansoff 15
article thumbnail

Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

Great leaders intrinsically understand that team building catalyzes collaboration, creates both disruptive and incremental innovation, facilitates a certainty of execution, and is one of the key foundational elements associated with creating a dynamic corporate culture. silence) … great then lets move forward. That's consensus."

Consensus 333
Insiders

Sign Up for our Newsletter

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

article thumbnail

Where Open Innovation Stumbles

Harvard Business Review

When I urge managers in a company to make open innovation part of their innovation strategy, they get it conceptually. Every year, FVA conducts an industry-wide technology search to identify new and emerging solutions, and it shares the results as a service to its member companies.

article thumbnail

IT on Steroids: The Benefits (and Risks) of Accelerating Technology

Harvard Business Review

When it comes to innovation in industries with strategically narrow windows of opportunities, speed is everything. This quickening pace — what academics and journalists have called innovation on steroids — is beginning to reach IT departments. This simple tactic is seemingly backed up by the research.

article thumbnail

Socially Responsible Business Can Only Succeed If It Becomes a Movement

Harvard Business Review

Currently gaining force is a movement to focus for-profit enterprises more on the essential work of enriching societies — that is, benefiting not only those humans who are their owners as publicly traded companies but also those who work in them and who stand to benefit from more purpose-driven innovation.

Drucker 13
article thumbnail

“Trust Me, I’m a Leader”: Why Building a Culture of Trust Will Boost Employee Performance – and Maybe Even Save Your Company

Strategy Driven

And when they don’t feel safe, they don’t take risks – and where there is no risk taken, there is less innovation, less ‘going the extra mile,’ and therefore, very little unexpected upside. In my book, I describe an incident that took place at a famous, fast-growing technology company.

Company 62
article thumbnail

“Trust Me, I’m a Leader”: Why Building a Culture of Trust Will Boost Employee Performance – and Maybe Even Save Your Company

Strategy Driven

And when they don’t feel safe, they don’t take risks – and where there is no risk taken, there is less innovation, less ‘going the extra mile,’ and therefore, very little unexpected upside. In my book, I describe an incident that took place at a famous, fast-growing technology company.

Company 50