Strategy as a Team Sport

Strategy as a Team Sport

The Harvard Business Review's July/August edition features two articles that offer different perspectives on innovation and strategy. The first article argues that there should not be an organizational hierarchy when it comes to the segregation of strategy and execution. Instead, employees at every level should feel empowered to drive strategy as well as execution. The second article advocates for the use of innovation teams that are chartered to break new ground and propagate their innovations into the core operations of the firm. The main takeaway is that innovation and strategy should exist throughout the entire organization with employees feeling empowered to drive both.

View

More Innovation Resources:

How to measure ROI of ideation activities?

How to measure ROI of ideation activities?

Maximizing the ROI of innovation requires understanding the value of front-end ideation activities beyond direct financial returns. Companies should focus on non-financial metrics like engagement and collaboration to measure the effectiveness of innovation efforts.

View
A tool for your next strategic planning day

A tool for your next strategic planning day

To generate out-of-the-box ideas, you need to know what the box is. The 'mindset box' tool can make your individual and collective mindset explicit, challenges your assumptions, conventions, expectations, and experiences and ultimately generates new, innovative ideas for growth.

View
An image of a cogwheel tree branching into various abstract icons.

These 6 Ideas from Employee Suggestion Programs Boosted Company Performance

Employee suggestion programs can lead to innovative ideas that save costs, improve customer service, increase revenues and enhance safety or quality standards. Here are 6 examples of such ideas, including Post-It Notes from 3M and Amazon Prime.

View