filed under Innovation

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Why Your Innovation Program is Failing

Innovation is critically important to success in today’s business world, and leaders across industries are recognizing this. Some companies built their success on innovation — it is the foundation of their mission. Boston Consulting Group (BCG) does an annual report on the most innovative companies and has compiled several great research papers based on surveys to innovation leaders. One of those papers included the most common barriers to successful innovation. Risk aversion, long development cycles, difficulty selecting the best ideas and difficulty measuring performance topped the list. However, there are things you can do to address these challenges.

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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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Brainstorming Best Practices

This post highlights some of the research and best practices you’ll want to incorporate into your own brainstorming sessions to get the most out of them. A few minutes spent understanding some of the common mistakes and hacks for getting the best ideas out of a group can have a big impact on the end result.

A well facilitated brainstorming session can produce up to 30 times as many unique ideas.
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filed under Innovation

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The top 5 articles on brainstorming

Brainstorming is one of the most common tools for creative problem-solving. There’s a ton of content out there about it, but much of it isn’t based on research. We dug into some academic studies around brainstorming to get to the heart of what works and what doesn’t and how to do it properly.

That being said, it doesn’t mean there aren’t any helpful, well-researched articles out there. Here are the pieces that we consider the cream of the crop and some of which helped inform our own ebook. Read more

filed under Engagement

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Human Capital Management 2.0

There are three key trends that are driving a needed change in the way that leaders and employees work together. It’s having an impact on organizational structure, roles and responsibilities and the technology used in the workplace. While the changes will be difficult and confusing for many at first, there are some exciting examples of organizations that are blazing the trail. Two keys to success will be a strong focus on culture and enabling technology. With human resources at the pivot point of so much of these shifts, they will play a key leadership role in enabling this change within organizations. Read more