Cultures of innovation improve company performance

Change is imperative for organizational success. The bedrock of organizations that achieve success is a culture of innovation. Yet many leaders resist these cultures of innovation. They may believe culture is too mushy to measure and manage or takes too…

Higher innovation culture scores dramatically improve performance

A higher innovation culture score at R&D Labs leads to dramatically higher organization performance. That is the conclusion of a joint study by InnovationOne® and the US Department of Energy (DOE). The study hypothesized that the higher the innovation culture scores…

Engagement is higher for organizations that focus on culture

Gallup reported this month that US employee engagement has dropped in each of the last two years, from 36 percent in 2020 to 32 percent in 2022. However, employee engagement is higher for organizations that focus on culture. Gallup’s reporting…

Your corporate culture may be the No. 1 cause of employee turnover

Only 12 percent of HR respondents have a regular cultural assessment strategy for assuring their workplace culture stays on track, according to a 2021 Talent Management State of the Industry survey. This result is extraordinary because having a toxic work culture…

Creating a culture of innovation is essential today

Andrew Burak, the CEO of Relevant, shared his belief that without an active innovation culture, organizations fall into stagnation and lose to more innovative competitors. Today’s supply chain crises from Covid-19 and the Ukrainian – Russian war require ongoing organizational…

Managing culture and innovation improves real numbers: your bottom line.

Many executives we speak with about improving the innovation of their companies ask us how to open the minds of their CEOs to transform their organizational cultures. Many CEOs fear that culture is too soft to manage. Innovation feels like…

Stop fretting over falling employee engagement. Go to the source.

Many organizations trying to fight falling employee engagement numbers are making a mistake. Frankly, now is not the time to deal with such matters. Instead of launching another employee engagement survey, listen to your employees’ frustrations and begin to work…

Corporate culture drives business performance — and employee retention

There is long-standing empirical research demonstrating how corporate culture improves organizational innovation, productivity, and profit. Now, evidence is emerging that healthy organizational cultures are also the best way to beat the Great Resignation. Two weeks ago, MIT researchers uncovered that…

Biden changes visas to retain more foriegn STEM workers. More action needed.

The Biden Administration changed US visas to retain foreign STEM students in the United States, adding 22 new eligible degree fields last Friday, Jan. 21. These new fields included data science and financial analytics. STEM industries should celebrate these additions…

Seven traits of highly innovative organizations that drive improved financial performance

Innovation remains a priority for CEOs because innovation improves business and financial outcomes. We learned from our extensive research over 20 years and the publishing of over 25 academic, peer-reviewed articles, and our consulting practice that highly innovative companies have…