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These companies failed because leaders did not want to hear bad news: The Ostrich Effect

Idea to Value

Have you ever worked for a manager or boss who did not want to hear bad news? In organsiations which suffer from the ostrich effect, it is not just that bad news is ignored. Two examples where leadership failed to take on board bad news are Volkswagen and Nokia. These organisations might then suffer from the Ostrich Effect.

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What Is Corporate Social Innovation? Understanding the New Driver of Change

IdeaScale

Business schools are teaching courses on CSR, top-notch organizations are too. For example, rather than saying your aim is to deliver nutritious food to the poor, you can say that the goal is to increase distribution of nutrients to a population with a particular income by 100% in the next 2 years. Let’s say you did. If so, how?

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How Technology is Empowering the Modern Property Manager

Business and Tech

At the time we were looking to raise capital (between 2011 and 2013), businesses with women on the executive team received only 7 percent of the venture funding. Of course, I can’t speak for all women, but I can share that the perceived lack of credibility often contributed to my own self-doubt and lack of confidence.

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3 Dimensions of Innovation: the 23 Capabilities your company needs to succeed

Idea to Value

And companies regularly boast about how they are spending millions (and sometimes billions) of dollars into research & development to come up with innovative new offerings. Delivery: A team of people who have the ability to take rough ideas and develop them into a customer-facing innovation.

Company 285
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Innovation project or Innovation Capability?

Jeffrey Phillips

Innovation theater is very similar to what ecologists call "greenwashing" and both are bad for their respective movements. Innovation as a project Of course, almost all innovation is a project - starting with a specific need or desire to create a new product or service, or to generate new revenues or gain new market share.

Project 160
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How University Collaborations Can Drive Private Sector Innovation

Idea to Value

The typical goals of this sort of collaboration are better solutions and disrupting economic development — ultimately, it’s an early pipeline of new technologies. The collaborative process can also teach a seasoned team a lot about resiliency, agility, and dynamic thinking. Of course, not all businesses go the accelerator route.

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Elevate Your Strategy: Leading Executive Team Offsites for Business Success

Leapfrogging

Setting the Stage for Success In the ever-evolving business landscape, executive team offsites have become a cornerstone for strategic planning and decision-making. By stepping away from the daily operations, you and your leadership team can focus on long-term goals, team building, and innovative thinking.