Effective team communication is essential for improving collaboration and company culture. LeanKit recommends three communication tactics: team stand-ups, online chat/instant messaging, and visual project management tools.
Philips North America has launched its second innovation fellows competition that awards mentoring and $100,000 cash prizes to would-be entrepreneurs.
Innovation is vital for businesses to grow and generate loyal customers. It involves creating new products, ideas, and processes, and modifying existing ones. MIT ID Innovation offers courses to help businesses improve their innovation strategies and increase revenue.