When it comes to innovation, most tools, processes and frameworks are prescriptive. They promise, in essence, if you’d just do it right, you’ll always be successful. Somehow despite this, 75% of companies still report that their innovation efforts are not meeting their expectations, 60% of product launches continue to fail and 50% of innovation projects are abandoned.
Having studied at
AI Will Transform Innovation
There is no doubt that AI will transform how innovators work, collaborate, and innovate. It will shape innovation itself both in terms of what is created and how it is practiced. AI is creating transformative opportunities for innovation leaders who must adapt quickly or risk being left behind.
AI’s Impact
Innovation leaders will be impacted by
Leaders Face Problems Every Day
Leaders are constantly faced with the need to initiate change from addressing small daily issues to capturing major strategic opportunities. They know the consequences of failing to make changes eventually compound – creating bigger problems down the road. Yet, many leaders will go to great lengths to avoid changing how things have been done before
Daily routine meetings are often seen as a time sink with little to no value and can be one of the most disliked aspects of running a business. However, they may also be the most critical system for moving quickly, identifying and solving issues, and improving alignment between the company’s strategic goals and day-to-day activities.
Routines, especially daily scrums or
Qualified Small Business Stock is a type of stock that includes immense tax relief for investors. Those benefits serve to stimulate investment in small businesses by mitigating the tax consequences that attach to their returns. Below is an article that discusses the definition of QSBS, the relevant IRC section at play, the tax benefits flowing from QSBS, the standards for
Speed is often touted as a critical factor for success, with businesses of all sizes striving to move swiftly to capitalize on opportunities, stay ahead of the competition and save money. However, there’s a crucial nuance to this need for speed: it’s not just about moving fast; it’s about moving fast in the right direction. Here lies the distinction between
In today’s competitive business landscape, the ability to communicate effectively and build strong relationships is more crucial than ever. As a business coach, I have seen firsthand the transformative impact of using science-backed assessments, such as the DISC assessment, on organizations. The DISC assessment, particularly when implemented with tools like TTI Success Insights, offers a data-driven approach to enhancing workplace
In an economic landscape characterized by rising costs, both consumers and businesses are under pressure. For owners of medical practices and professional service providers, the need to adjust pricing to match increasing operational costs is real. Yet, there’s a palpable fear that higher prices might alienate loyal clients. This article explores effective strategies for implementing price increases while preserving—and even