Innovation and strategy term, relates to the existence of a common understanding on what to achieve in the future
Agile Innovation: A flexible, iterative approach to developing new products and solutions rapidly while adapting to customer feedback.
Innovation ROI is the financial return from investments in new methods, products, or ideas, relative to the costs of the innovation.
A physical prototype is a tangible representation of an idea or concept, designed to help showcase, test, develop and evaluate its potential for use.
Treating employees as partners instead of pawns leads to higher engagement and positive experiences, leading to a better workplace culture and success for the organization.
Sustainability requires a new economic model, with respect for the environment and a circular approach. Innovations must be based on responsible design and should be communicated through the Three Horizon Sustainability Framework.
The need for innovation is increasing with the rise of millennials, who expect constant updates and a personalized service from businesses while also desiring flexibility and a collaborative work environment.
Using global insights to drive local innovation can be a powerful tool to identify opportunities for innovation.
Organizations need a driving aspiration, or a Golden Thread, to tie all initiatives into a single fabric and attain coherence, focus and strategic direction for sustained market leadership.
Participating in a Warrior Dash teaches valuable lessons about innovation, teamwork, and experience-seeking.
Organizations need to consider purpose, value, and worth for both individuals and the company. Broadened ownership and social responsibility are ways to build healthy relationships with stakeholders and create a positive impact on society.
Entrepreneurs can contribute to the veteran community by offering employment and support. Recognition and employment are key ways to create inclusiveness for veterans.
Adventist Health Bakersfield launched a Community Give Back challenge to engage employees and encourage philanthropy efforts during the holiday season.
Traditional annual planning retreats are not effective in achieving strategic goals. Organizations must break down silos and focus on expanding goals to align with strategic plans.
Flash teams and swarming are revolutionizing the way businesses complete projects, allowing for quicker and cheaper solutions.
Respect for People is a crucial aspect of Lean thinking, but often overlooked in its implementation. By valuing front-line workers, emphasizing team effectiveness, and promoting autonomy and accountability, companies can foster a healthy work environment that ultimately leads to better results.
