Mon.Jul 15, 2024

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Four Hidden Secrets of Innovation

Innovation Excellence

GUEST POST from Greg Satell Every enterprise needs to innovate. It doesn’t matter whether you are a profit-seeking business, a nonprofit organization or a government entity, the simple truth is that every business model fails eventually, because things change over time. We have to manage not for stability, but for disruption or face irrelevance.

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How to Equitably Assign High-Profile Work

Harvard Business Review

Working with researchers, four companies used a data-driven approach to balance who was doing the office housework and who was getting promotion-making assignments.

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Designing an Operational Excellence Management System

Kainexus

Operational Excellence (OpEx) is a strategic approach that focuses on improving the efficiency and effectiveness of business processes to achieve superior performance. In the manufacturing sector, OpEx encompasses a range of methodologies and practices designed to streamline operations, reduce waste, enhance quality, and increase productivity. For manufacturing leaders , designing and implementing a robust operational excellence management system (OEMS) is a critical step toward realizing the fu

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How to Get the Most Out of Your Relationship with a Career Sponsor

Harvard Business Review

Synthetic sponsorship programs are built for action, designed to catalyze moments of advocacy and advancement. But the most effective sponsor-sponsoree pairs start out slow to go fast. In this article, the author shares four strategies that sponsorees can use to maintain momentum in synthetic sponsorship pairings. Especially for pairings where the bond is built mainly through virtual interactions, such as in companies that have adopted hybrid work models or those with dispersed global workforces

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Driving Responsible Innovation: How to Navigate AI Governance & Data Privacy

Speaker: Aindra Misra, Senior Manager, Product Management (Data, ML, and Cloud Infrastructure) at BILL

Join us for an insightful webinar that explores the critical intersection of data privacy and AI governance. In today’s rapidly evolving tech landscape, building robust governance frameworks is essential to fostering innovation while staying compliant with regulations. Our expert speaker, Aindra Misra, will guide you through best practices for ensuring data protection while leveraging AI capabilities.

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Improving Cognitive Diversity in our Teams

Rmukesh Gupta

Mike makes a great point about 100% agreement within our teams. When we start seeing an increase of 100% agreement on our point of view, it is time for us to do two things: 1. Stop sharing our point of view until every one on the team has shared their opinions, without in any way giving away where we are leaning towards. That way the teams can share their honest opinions rather than toe the line that we lean towards.

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Do New Hires Quickly "Learn" Not To Speak Up?

Michael Roberto

Source: Inc.com Derrick Bransby, Michaela Kerrissey, and Amy Edmondson have published some fascinating new research on psychological safety in the Harvard Business Review. They found an alarming trend regarding new hires and their willingness to speak up. They write, "We studied more than 10,000 employees in a large organization and discovered that new hires’ psychological safety eroded swiftly.

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The Uneven Distribution of AI’s Environmental Impacts

Harvard Business Review

The training process for a single AI model, such as an LLM, can consume thousands of megawatt hours of electricity and emit hundreds of tons of carbon. AI model training can also lead to the evaporation of an astonishing amount of freshwater into the atmosphere for data center heat rejection, potentially exacerbating stress on our already limited freshwater resources.

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8 Exercises to Promote Psychological Safety for Innovation

Carla Johnson

July 16, 2024 More than a decade ago, Google’s Project Aristotle famously found that psychological safety is the single top characteristic of team success for all employees. It’s no different today. If anything, feeling like you work in a culture where you can trust the people you work with is more important than ever.