Remove 2004 Remove Culture Remove Underperforming Technical Team
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Innovation is a team sport

Cris Beswick

At OUTCOME , we believe innovation is a system game, meaning it’s a team sport. The challenge is that many organisations have lost sight of the true definition of a team. 1] Let’s also differentiate between a department or group inside an organisation, as a group does not necessarily constitute a team.

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Think Your Company’s Pursuit of Innovation has Run its Course? Think Again…

Qmarkets

But we shouldn’t judge poor Charles too harshly, after all, we are all guilty of similar cognitive bias on a daily basis. This report from Sandroni & Squintani (2004) summarizes decades-worth of psychological research which confirms our innate predisposition towards overconfidence.

Course 53
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Think Your Company’s Pursuit of Innovation has Run its Course? Think Again…

Qmarkets

But we shouldn’t judge poor Charles too harshly, after all, we are all guilty of similar cognitive bias on a daily basis. This report from Sandroni & Squintani (2004) summarizes decades-worth of psychological research which confirms our innate predisposition towards overconfidence.

Course 40
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The Key to a Better Board: Team Dynamics

Harvard Business Review

The belief that there is a direct connection between the board of directors and organizational success has been gaining ground lately, evidenced by the pressure shareholder activists have been exerting on boards for transparency as well as the “ zombie director ” movement to remove underperforming directors from boards.

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Your Company Is Not a Family

Harvard Business Review

Try to imagine disowning your child for poor performance: “We’re sorry Susie, but your mom and I have decided you’re just not a good fit. Consider another metaphor—one that Reed Hastings, the CEO of Netflix, introduced in a famous presentation on his company’s culture. Hastings stated, “We’re a team, not a family.”

Company 22
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Avoid the Improvement Hype Cycle

Harvard Business Review

But the bad news is that they have to learn a new improvement approach — one that can conflict with others that have worked in the past. In 2009, Grainger's senior management team decided to reflect on their history with improvement initiatives before deploying a Lean-based continuous improvement system.

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Why Entrepreneurs Will Beat Multinationals to the Bottom of the Pyramid

Harvard Business Review

Prahalad and Stuart Hart’s seminal book The Fortune at the Bottom of the Pyramid gained a wide audience when it was published in 2004 and has continued to be widely read ever since. He was asked “what impact have your ideas had on companies and on poor consumers?” But this approach seldom works.