Innovation is garnering attention in the business media, but like crop storage in a grainery it has no value until somebody buys it. The companies are numerous that have come up with great ideas only to see somebody else turn them into business breakthroughs. Equally numerous are companies that are best described as arid innovation deserts. [...]
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Forler Massnick For about 90 years the leaders of society have been implored to THINK, most notably by IBM which adopted it as a slogan. That’s not good enough for today’s tumultuous times, according to the author of a book on the subject. The imperative watchword today is RETHINK. It keeps showing up [...] Innovation is a subject frequently on the agendas of board meetings. In an article in the Harvard Business Review, Jeffrey Cohn of the consulting firm Spencer Stuart, who has been studying this subject for many years, wrote, ?most companies do a magnificent job of smothering the creative spark.? Eliminating these five common mistakes can go a [...] Underlying the fear of change is the vague uneasiness that people feel that somehow, in some undefined way, change isn’t going to be good for them. Another obstacle blocking the path is the not-invented-here (NIH) attitude that exists in many companies. There is resistance to new products, ideas, or methods that come from the outside. [...] |
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