Thu.Jul 18, 2024

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It’s Time to Do Away with “Dry Promotions”

Harvard Business Review

Instead of providing solid career opportunities, all too often companies resort to filling vacancies from outside. And when they do promote people, many employers give them “dry promotions” — more responsibility without more money. This article makes the case for revamping career development. Employers should provide more opportunities — both promotions that offer more pay and lateral moves.

Company 128
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5 Tips for Launching a Successful Company Innovation Challenge

Qmarkets

Companies with structured innovation processes significantly outperform their peers in implementing new ideas and driving business growth. McKinsey’s findings suggest that companies fostering a strong culture of innovation excel in leveraging technology and accelerating their competitive differentiation. Structured innovation challenges play a pivotal role in this process, enabling businesses to tap into their employees’ creative potential and drive transformative results.

Company 93
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Research: People Still Want to Work. They Just Want Control Over Their Time.

Harvard Business Review

To better understand the role that control over one’s time plays in job and life satisfaction, the authors analyzed survey data from a nationally representative sample. They found: 1) People who had greater control over their time had the highest job satisfaction and overall satisfaction with their lives, 2) Those who felt a sense of time scarcity had less satisfaction with their jobs and were less satisfied with their lives, 3) The number of hours people worked was not related to how satisfied

Policies 126
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It’s Easy to Say No to Customers

Innovation Excellence

GUEST POST from Shep Hyken If a customer asks you to do something you haven’t done before, “No” is an easy answer. Why? Because … “We don’t do that.” “We’ve never done that.” “We don’t carry that product.” “That’s not our policy.” And more reasons – or excuses – like these.

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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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When Cyberattacks Are Inevitable, Focus on Cyber Resilience

Harvard Business Review

Cybersecurity experts and the companies that employ need to let go of their prevention mindset and adopt one focused on resilience. A prevention mindset means doing all you can to keep the bad guys out. A resilience mindset adds a layer: while you do all you can to prevent an attack, you also work with the expectation that they still might break through your defenses and invest heavily preparing to respond and recover when the worst happens.

Culture 97
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7 Best Practices for Effective Management of Innovation

Qmarkets

Companies that excel in the management of innovation not only stay ahead of the curve but also pave the way for sustainable growth and development. Establishing a clear innovation strategy is the first step, laying the foundation for effective innovation management. However, to truly harness the power of innovation, organizations must adopt a series of best practices that ensure the entire innovation process—from strategy and planning to execution and evaluation—is managed efficiently.

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Mastering Technology Innovation Management: Strategies for Business Success

Qmarkets

Technology is one of the biggest driving factors of innovation – whether it’s the steam engine that fueled the industrial revolution or the microprocessors fueling the current Generative AI boom. However, innovation isn’t confined to one area; it’s a multifaceted approach that spans various aspects of a business. Among these, technology innovation stands out as a critical component that can significantly impact a company’s competitive edge and operational efficiency

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Exploring Innovation Software: From Simple Tools to Integrated Solutions

Qmarkets

Navigating the path to innovation in a business setting can feel like steering a ship through uncharted waters. Each wave represents a challenge, and every calm sea an opportunity. To navigate successfully, you need the right tools and a well-coordinated crew. For businesses, innovation software serves as the modern compass, map, and crew management system combined.

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The Ultimate Guide to Ideation Tools

Qmarkets

In today’s world, where innovation is the lifeblood of success, the challenge lies not in having ideas but in generating truly transformative ones. Picture a sculptor staring at a block of marble, knowing the masterpiece is hidden within but unsure how to reveal it. This is where ideation tools come into play, acting as the chisel and hammer that shape raw thoughts into groundbreaking concepts.