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Hospital Budget Systems Are Holding Back Innovation

Harvard Business Review

health care system. The audience for such innovation wants to be receptive: A recent American Hospital Association (AHA) survey found that 75% of senior hospital executives endorsed the importance of digital innovation. Yet, despite their stated enthusiasm, hospitals have been notoriously slow to adopt digital innovations.

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Match Your Innovation Process to the Results You Want

Harvard Business Review

We are often asked whether the best way to structure for innovation is top-down or bottom-up. Bottom-up approaches work well for incremental (keeps you in the game) innovations. Breakthrough (changes the game) innovations, contrary to popular belief, need a top-down approach. They must also be willing to see value in absurdity.

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July's Leadership Carnival

Michael Lee Stallard

Alice Snell presents Public Sector Hiring Reform posted at Taleo Blog – Talent Management Solutions. Art Petty presents Leadership Caffeine: Prepare Your Mind to Conquer Presentation Anxiety posted at Management Excellence. Grossman presents Valuing meaningful work always plays better to the bottom line.

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4 Assumptions About Risk You Shouldn’t Be Making

Harvard Business Review

And, the misunderstood poem helps to highlight how innovation-seeking executives need to reframe the word risk. Most readers assume Frost’s poem is hopeful, describing the value of the rugged individualism that has long served as an American hallmark. Encouraging risk taking, therefore, can help to boost innovation.

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How to Quantify Sustainability’s Impact on Your Bottom Line

Harvard Business Review

We found that sustainable and deforestation-free practices created significant financial benefits for all players in the industry’s value chain. Specifically, our analysis found that the net benefits to ranchers ranged from $18 million to $34 million (12% to 23% of revenues) in net present value projected over 10 years.

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Rethinking Valuation So You Don't Miss a Good Deal

Harvard Business Review

Even Dell, famous for eschewing acquisitions in favor of organic growth, has thrown in the towel with its $5 billion acquisition of Perot Systems. The higher level of uncertainty associated with H2 and H3 necessitates an updated valuation methodology that takes into account more than the net present value (NPV) of the target.

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Shape Strategy With Simple Rules, Not Complex Frameworks

Harvard Business Review

Once they understood the rules and their underlying rationale, ALL's employees generated a series of innovative proposals based on what they had to work with. That system was efficient, but the new management team decided that, at this moment in its history, the company needed adaptability more than efficiency. Fostering coordination.