Remove Business Model Remove Consensus Remove Innovation Remove Management
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Calculate How Much Your Company Should Invest in Innovation

Harvard Business Review

How much does your company need to invest in innovation? Identifying this so-called “growth gap” is critical, because the bigger the gap, the more a company needs to look beyond its current offerings, markets, and business models to find growth opportunities. Growth strategy Innovation'

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How Structured Debate Helps Your Team Grow

Harvard Business Review

Once a team has reached, or appears to have reached, a consensus, it can be very hard for any individual to challenge the group’s interpretation of reality or predictions about the future — or to push back on what the group plans to do (or not do) — without running the risk of being perceived as a heretic or becoming a scapegoat.

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Baloney, or the Power of a Common Language

Harvard Business Review

It needs to figure out its business model before it raises more money.". This "common language" barrier is one of the hidden challenges that can inhibit innovation inside large companies. Have each of them write down on a piece of paper their definition of innovation, and who in the company should be working on innovation.

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Looking to Join the Lean Start-up Movement?

Harvard Business Review

In my eyes, the work Steve Blank, Eric Ries, and others have done to provide a cogent, accessible frame around the academic concepts of emergent strategy is one of the most important contributions to the innovation movement over the past few years. Innovation' That''s not right. Be prepared for lean''s consequences.

Ries 8
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The New Kind of Worker Every Business Needs

Harvard Business Review

Most of us think of biotech as the province of multinational pharmaceutical corporations and well-funded ventures, but the founders of BioCurious believe (as they say in their mission statement) "that innovations in biology should be accessible, affordable, and open to everyone." Socialize your underused assets.

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How One Company Made Its Analytics Investment Pay Off

Harvard Business Review

In the age of rapid advances in data science and artificial intelligence, many organizations still struggle to incorporate advanced analytics capabilities into their business models. True incorporation requires bold decisions about reorganizing the business to make analytics a key component of strategy. David Malan/Getty Images.

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Creative Destruction Visits the Legal Profession

Harvard Business Review

The other half might have been open to the idea that law firms needed a strategy, but completely opposed to having anything other than a consensus-built, senior partner-friendly mechanism for making strategic choices, which almost by definition is doomed to fail. Just keep billing those hours! Well, we did warn them.