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…

NOW is the time for employers to require COVID19 vaccines.

This week’s headlines highlight how the fourth COVID19 surge among the unvaccinated in the US is shifting plans by employers to recall workers to the office after Labor Day and explore whether employers should require workers to vaccinated. Companies need…

How to cultivate innovation in the workforce

What does it really mean to be innovative as a workforce? Victor Assad sheds light on how organizations can foster innovation and the maximizing technologies that can help them do so. The empirical evidence shows that companies seldom become innovative…

Watch the Rebroadcast of Reinventing Innovation During Crisis Webcast.

Watch the rebroadcast of our highly attended and successful webcast, "Reinventing Innovation During Times of Crisis: Lessons from Leading Companies." From this post, you can also download our valuable report and PowerPoint slides. John Metselaar of The Conference Board, Peter…

Successful companies focus on building a better culture

Since Gallup began measuring employee engagement at the turn of the century, it hasn’t improved employee engagement much.  It has helped companies realize the importance of empathetic and empowering leaders and collaborative team environments. But Gallup this month published a…

Performance Management Changes Are Often the Missing Link with Innovation

I was seated at an innovation conference for lunch, when the Research and Development leader of a major U.S. active sportswear maker told me he had a confession. His organization was successful at creating new ideas, selecting the best ones…

Wells Fargo ignored early signals of cultural breakdown!

Wells Fargo’s CEO, John Stumpf, defiantly told congressional investigators that, despite a multi-year scandal and $185 million fine, the bank did not have a culture problem.[i] But, when 5,300 employees are fired for a five-year pattern of stealing private records,…

CEOs Can Have It All: Great Financial Performance and Innovation!

Innovation remains a continuing concern for CEOs. Highly innovative companies, such as Tesla, Salesforce.com, and Alexion Pharmaceuticals, garner the admiration of others. Many executives, however, tell me that their CEOs resist taking steps to improve innovation for fear that their…