Posts By: Brennan

filed under Innovation

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Best Strategies for Managing Innovation in a Big Company

We’re in a unique position as a company. From our beginnings at the incubation center at the Ryerson DMZ, we’ve been very involved in the startup community. The software we build helps some the largest global brands dissolve hierarchy and tap into the insights of their employees. So, when it comes to innovation process and culture, we’re close to how it works at companies large and small.

For sure, managing innovation at a big company is different. While this may be a bit of an over-simplification, we often see three approaches that are successful when they are well executed.

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filed under Innovation

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How to embrace risk to create value

Risk has a bad reputation, and for valid reasons. Nothing can negatively impact revenue, pollute a healthy customer base, or disappoint shareholders quite like it. This is why industries spend millions of dollars a year just to avoid risk.

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filed under Innovation

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Risk and Reward of Progress

While “Try fast, fail fast” is the mantra in Silicon Valley, it’s not something you typically hear in the hallways of large, complex organizations. The concept of risk often carries an inherent bias for an established company and for valid reasons. Risk can disrupt a healthy revenue stream, a stable customer base, and upset shareholders who like predictable results. Risk is something you manage. It’s something that you mitigate, not embrace.

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filed under High Performance, Management

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A Gemba Walk in an Invisible Factory

In Lean management philosophy, performing a Genba (also known as Gemba) walk is essential for managers to achieve the highest quality process improvement.  The main concept behind the Genba walk is that problems, inefficiencies, and disconnects can be seen right where value is created. If managers physically observe the process, they can directly see the impact of processes and the changes that need to be made.

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