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Creating a Learning Organization: Fostering Continuous Improvement and Innovation

N2Growth Blog

Building a Culture of Continuous Improvement Organizations are increasingly recognizing the importance of evolving into learning organizations to remain competitive and adapt to continuous market changes. A McKinsey report suggests that organizations embracing continual improvement experience 20-30% productivity gains.

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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. Which do you respond to first?

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Five Power Skills for Discovering Radical Ideas

Harvard Business Review

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. During the initial phases of our work together, it becomes obvious that they have plenty of good ideas. Use Convergence Thinking.

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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

In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. By comparison, think of the long strides many businesses have made in reengineering their supply chains, boosting product quality, and rolling out lean six sigma.

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Why Your Customers Hate You and How to Fix It

Skip Prichard

It’s what happens every time you expect a company’s service or product or process to work, but it doesn’t—and nobody can seem to fix it, even though everybody knows what’s wrong. In fact, we lose up to 40 percent of our productivity by switching between tasks; the more we switch, the worse our performance.

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