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Joseph Schumpeter , the guru of innovation, addressed the process of innovation with his theory of creative destruction and his definition of entrepreneurs as people who combined existing elements in new ways to create a new product or service. There is also a new book published on the subject, SocialInnovation, Inc.
Her philosophy is not just about making financial returnsits about creating impact without compromising social, emotional, and spiritual rewards. Her approach to investing is deeply rooted in empathy and the belief that you canand shoulddo well by doing good.
How can innovation be managed and directed in an organization? How does innovation differ from creativity, and how do the two relate to each other? How does innovation relate to entrepreneurship? What are the different types of innovation? How does innovation drive economic growth?
Many companies have a huge gap between their culture and strategy — a problem that only gets bigger in larger companies, especially when they are in transition. Management at all of these companies have a common reflex: Scream louder about goals and policies as the gap between culture and strategy widens. Continue reading →
Ian Gonsher does research and teaches at Brown University focused on the design process and creative practice, including Design Studio and Entrepreneurship Engineering Design projects in the School of Engineering and Designing Humanity-Centered Robots in Computer Science with Michael Littman where Legos are prototyping tools.
Nurturing an intrapreneur to come up with your next generation product involves creating an environment that encourages innovation, providing support and resources, and fostering a culture of entrepreneurship within your organization. Foster a culture of innovation: Create a culture that values and rewards innovation.
GUEST POST from Robyn Bolton If you’re like most people, you’ve faced disappointment. Maybe the love of your life didn’t return your affection, you didn’t get into your dream college, or you were passed over for promotion. And sometimes, that hurt lingers for a long time. Until one day, something happens, and you […]
GUEST POST from Robyn Bolton What if a tool had the power to delight your customers, cut your costs, increase your bottom line, and maybe double your stock price? You’d use it, right? That’s precisely the power and impact of Service Design and service blueprints. Yet very few people, especially in the US, know, understand, […]
GUEST POST from Robyn Bolton Being a leader isn’t easy. You must BE accountable, compassionate, confident, curious, empathetic, focused, service-driven, and many other things.
GUEST POST from Robyn Bolton You are a leader. The person in charge. That means you know the answer to every question, make the right decision when faced with every choice, and act confidently when others are uncertain. Insert uproarious laughter here). Of course not. But you act like you do because […]
In a recent TED Talk, Ito reveals a revolutionary style of innovation that he and his colleagues discovered during a time when they had to take learning into their own hands. "Education is what people do to you; learning is what you do to yourself.” These are the wise words of Joi Ito, Director of the MIT Media Lab.
What is SocialInnovation? SocialInnovation refers to the creation of new solutions—ideas, services, or models—that meet pressing social needs and improve individuals' and communities' quality of life. Genuine SocialInnovation fosters a culture of sustainability vital for company survival and growth.
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