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How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

Innovation Capital. Whether you have invented an amazing new technology or product, you could still fail. And one of the most overlooked reasons for entrepreneurial failure is innovation capital. 2] But he was simply unable to attract the right talent and financial resources to successfully commercialize his ideas.

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Talking with Each Other @ Work

Coaching Tip

The best leaders build the ‘social capital’ of their organizations,” says Dr. Wayne Baker, author of " Achieving Success Through Social Capital" (Jossey-Bass, 2000). Find out more about social capital by clicking here. Effective social networks that are built on the "law of reciprocity" flourish.

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Well Connected People Get Results

Coaching Tip

Formula for Success: The formula for both personal and corporate success = your human capital (what you know and can do) times your social capital (who you know and who knows you) times your reputation (who trusts you). How People, Not Technology, Seal the Deal. . Relationships matter more than anything else.

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Leading HR: Harnessing Social Power

LDRLB

Human Resource (HR) Departments are often seen as the enforcers of the organization; the unbendable glue that protects it from litigation and unscrupulous employees. Galbraith also wrote that “the long-term human resources role is to build social capital by creating richly connected interpersonal networks across the organization.”

Power 112
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Job Search and Person-to-Person Networking

Coaching Tip

Certainly technology plays a growing role. But online social networking may not always be separate from traditional networking since one so often leads to the other. Baker: Achieving Success Through Social Capital: Tapping Hidden Resources in Your Personal and Business Networks. Therese Marie Boldt: Yes!

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Leading HR: Harnessing Social Power

LDRLB

Human Resource (HR) Departments are often seen as the enforcers of the organization; the unbendable glue that protects it from litigation and unscrupulous employees. Galbraith also wrote that “the long-term human resources role is to build social capital by creating richly connected interpersonal networks across the organization.”

Power 68
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Leading for Innovation: Why Fighting Fires Burns Down the House

LDRLB

Whereas innovation used to be all about research & development, technology, and product or service innovation, what’s required for innovation today goes far beyond the traditional nuts and bolts. I’ve heard many leaders lament that they just don’t have the time or resources to focus on the future.