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Rethinking project risk: finding opportunity in the unknown

Chartered Management Institute

Article: Rethinking project risk: finding opportunity in the unknown Written by Prebagaran Jayaraman Monday 26 February 2024 Share Share to Twitter Share to Facebook Share to LinkedIn Share via email It’s common to think of ‘risk’ as negative, but did you know that it can also be positive? Reduced competitive edge. Underused resources.

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How to Foster a Culture of Innovation and Creativity in Your Team

Lead from Within

Innovation and creativity are important drivers of success for any business or organization. Here are some steps you can take to foster a culture of innovation and creativity within your team: Encourage open-mindedness and divergent thinking: Encourage your team to think outside the box and consider multiple perspectives.

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The Importance of Positive Workplace Culture

HR Digest

In today’s competitive business world, it is essential for companies to create a positive work culture that reflects their mission, values, and beliefs. In this article, we will dive deep into the importance of positive workplace culture and how companies can create one. What is Positive Workplace Culture?

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Are SMEs The Overlooked Engines Of Innovation?

The Horizons Tracker

For instance, a study from KU Leuven University and the European Central Bank found that large companies do understandably innovate more often and more successfully than SMEs. In relative terms, this may be a small number, but when set against the 20 million or so SMEs operating across Europe, it’s a vast number of innovative firms.

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Leaders, Want To Master Innovation? Then Get Funny!

Tanveer Naseer

So to get the most out of innovation processes such as design thinking, truly creative leaders also need to master the social dynamics of… [wait for the punchline}…humor! We have witnessed that skilled leaders, those we call “Stand-Up Strategists”, understand the utility of humor to boost innovation.

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Keep the Corporate Purpose Alive.

Rich Gee Group

Regularly communicate how individual roles and projects tie back to the company's purpose. When employees hear about how their work has positively affected a client or contributed to a community initiative, it instills a sense of pride and reinforces the importance of their role in the larger corporate narrative.

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How Can Innovation Be Better Disseminated?

The Horizons Tracker

In a recent article, I highlighted some of the challenges involved in translating investment in technology and innovation into productivity improvements across the economy. This is emphasized by the fact that only 12% of respondents reported to having achieved an outstanding result using innovative dissemination channels.”