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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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Groupthink is a Leader's Worst Enemy

Phil McKinney

” It's the tendency for teams and organizations to become overly confident in their decisions and perspectives, leading them to reject alternative ideas that might improve their strategies. "Groupthink is the silent killer of innovation, rendering even the most promising teams stagnant in a sea of conformity."

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Workplace Conflict: Statistics That Reveal Its Cost

CMOE

Once you know why and when workplace conflict occurs, its effects, and other vital information, you can learn how to help your teams go through it and find the rewards beyond it. Unethical or unfair behavior that disrupts the work of an individual, team, or company. Figuring out which team members should take which tasks.

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Now’s the perfect time to plot a course for the future

Innovation 360 Group

With our on-line assessment tool InnoSurvey®, your team provides input remotely to generate a benchmark of your organization’s capabilities. Get the right team ‘on the bus’. It highlights your strengths and weaknesses relative to the patterns exhibited by global innovation leaders. Penker (2008-2011).

Course 52
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Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

However, by developing an innovation strategy that anticipates a downturn, you can help your enterprise weather the storm and even uncover lucrative ways to gain a competitive edge. It’s estimated that a loss of more than $2 trillion in world-wide economic growth occurred between the second quarter of 2008 and the first quarter of 2009.

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Business Model Scalability: Internal vs External

The BMI Lab Blog

When I co-founded the online ebook platform PaperC back in 2008, I made an interesting discovery. Develop and Monitor a Growth Cycle Every business model designed to scale needs a virtuous cycle of growth – sometimes also referred to as flywheel. But developing a virtuous cycle of growth is not only relevant for digital platforms.

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The enemy is already within. The flood gates are open. Can GE recover?

Paul Hobcraft

It is then through managing your future development, mostly through research and development, that when combined with a sound acquisition strategy, that you believe will then augment your present internal growth and look to sustain the business. The last few months have been some of the most shocking ones in GE’s history.