A survey published Accenture shows that the biggest challenges facing businesses who need to innovate is not just releasing creativity, it is taking the ideas generated by the creative spirit and nurturing them until it can be successfully implemented.
This is not surprising when you think that the left-brain logic that dominates most leaders thinking in today's organisations has difficulty comprehending creativity and nurturing which required more right brain understanding.
We need to develop balanced leaders to meet todays challenges.
Continue reading "Leaders Stumped by Innovation" »
A recent HBR article, Gary Hamel suggests that to stay successful it is not enough for companies just to keep thinking up new ideas that competitors quickly copy, they need serial management innovation.
"The keys to serial management innovation? Tackle a big problem--as General Motors did by inventing the divisional structure to bring order to its sprawling family of companies. Search for radical management principles--as Visa's founders did when they envisioned self-organization--and created the first non-stock, for-profit membership enterprise. Challenge conventional management beliefs, which Toyota did by deciding that frontline employees--not top executives--make the best process innovators."
Continue reading "Serial Management Innovation" »