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Creating a Learning Organization: Fostering Continuous Improvement and Innovation

N2Growth Blog

A learning organization fosters ongoing learning, innovation, and improvement among its members. A McKinsey report suggests that organizations embracing continual improvement experience 20-30% productivity gains. Implementing Lean Principles: Lean methodologies, like Six Sigma, can optimize processes and minimize inefficiencies.

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Great Companies Obsess Over Productivity, Not Efficiency

Harvard Business Review

Business leaders often think of “efficiency” and “productivity” as synonyms, two sides of the same coin. When it comes to strategy, however, efficiency and productivity are very different. At first glance, the definition of productivity appears remarkably similar. Let me explain.

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How to Prioritize Your Innovation Budget

Harvard Business Review

Here’s the scene: A problem has come up with one of your supply chain vendors, threatening to delay timely shipment of your product. At the same time, a potential opportunity appears that, with some exploration and investment, could lead to a new generation of products down the road. Sustaining Innovation.

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Five Power Skills for Discovering Radical Ideas

Harvard Business Review

Innovation starts with new and novel ideas. When we surveyed over 300 global executives between 2008 and 2009, one of the primary concerns they expressed was their inability to compete long term without a solid innovation engine that can grow their top line. Finding ideas is never the problem — initially. Find Pivots.

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What Government Should Relearn from Business (And It's Not Efficiency)

Harvard Business Review

American business remains the country's most vibrant source of innovation. Government has traditionally looked to business for tools and techniques to help improve productivity and cut costs through greater efficiency. Government would do well to look at businesses that are innovating best and fastest in the area of engagement.

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GE’s Culture Challenge After Welch and Immelt

Harvard Business Review

It’s an established fact that the life cycles of companies and many products have been shrinking. In our opinion, culture is contextual, and what would have been appropriate in the 19 th century, when the company was a one-product, one-country organization, is very inappropriate in today’s far more globalized environment. (GE

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The 5 Requirements of a Truly Innovative Company

Harvard Business Review

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.