By Glenn Karwoski SEPTEMBER 22, 2020 — 2:43PM Q: What are some examples of businesses that creatively pivoted during the pandemic? A: Businesses are always in the process of reinventing themselves, whether intentionally or in response to events and circumstances. There’s no better example of reinvention and forced innovation than what has transpired during the past six months.…
This TED Talk looks at what’s changed at Verizon during the COVID-19 pandemic and how to lead and communicate during a time of change. Craig Silliman, Verizon’s executive vice president and chief administrative, legal and public policy officer, discusses not only how to meet the challenge of COVID-19, but also how outside events can spur…
Hard data proves that diversity leads to better, more creative ideas. Are diverse companies really more innovative? Rocío Lorenzo and her team surveyed 171 companies to find out — and the answer was a clear yes. In a talk that will help you build a better, more robust company, Lorenzo dives into the data and…
The purpose of this article is to discuss several key cognitive biases and their effects on decision making within strategic innovation management as well as how to minimize their effects so that team members can contribute optimally to the fuzzy innovation process. They are essential in understanding and managing appropriately to ensure your innovation outputs…
A commitment to inclusion can help build a powerful business. Here’s how one company put its values to work. Robert Thornton was inspired to start his company when he saw the artwork of a special needs child. Now Paper Clouds Apparel produces apparel featuring artwork created by special needs adults and children, while raising money…
Q: How can I create a culture of organizational creativity? A: Fostering organizational creativity requires making creativity a strategic priority. Making time to generate ideas or think is seen as a luxury or something that’s done during annual planning or in a crisis. Organizations that have creative cultures dedicate time to generating new ideas. Fostering…
The ease of forming partnerships increases the risk of jumping in before knowing whether it’s a good fit. Q: My company has been approached by a very large corporation to become a “strategic partner,” supplying them with some of our specialized equipment. I’m flattered to be considered, but what do you think about the imbalance?…
Creating a successful brand image is about finding what’s authentic to your company and letting it come through in your daily actions, says Kate Quinn, chief administrative officer at U.S. Bank. Trader Joe’s wasn’t always the national phenomenon it is today. Like many businesses, it started small, with a single store in Southern California. Kate…
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