Friday, January 07, 2011

EconomicsGlobal: Business: Innovation and creativity in the enterprise

Innovation and Creativity 

  • Why CEOs secretly hate innovation
    Though they'd never admit it, the idea of innovation makes many senior leaders queasy, writes Jeffrey Phillips. Bosses like to be in control, but innovation is inherently about breaking rules and shaking up the status quo. "The more innovation that happens in an organization, the less control the CEO has ... therefore innovation is tightly controlled if allowed at all," Phillips writes. Innovate on Purpose (1/4) LinkedInFacebookTwitterEmail this Story

  • 5 ways to ensure continuous innovation
    Most companies aren't wired for ongoing innovation, and that needs to change, writes Holly G. Green. To make that happen, bosses must articulate clear goals, create a culture of communication, and support and reward bright ideas. "For companies looking to get ahead, innovation is no longer a 'nice to have.' It needs to become a way of life!" Green writes. More Than a Minute (1/4) LinkedInFacebookTwitterEmail this Story
The Global Perspective 

  • Indian firms try new inclusive-growth strategies
    Many Indian companies are easing up on CSR and philanthropy efforts and adopting inclusive business models designed to make money while also making life better for those at the bottom of the pyramid. DuPont India sent its entire upper management to an immersion program in rural areas to generate ideas for commercially viable products serving the needs of poor consumers. PepsiCo India is developing eco-friendly farming techniques to help farmers in water-scarce regions. Harvard Business Review online (1/5) LinkedInFacebookTwitterEmail this Story

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