Innovation in the West has become too rigid, insular and bloated to remain effective, according to Judge Business School’s Navi Radjou, Jaideep Prabhu and Simone Ahuja. During the recent economic downturn, in particular, once favoured structured approaches to innovation have failed where agility and differentiation were required. These approaches do not seem to address the […]
Subject: Research & Development
Managing Workforce Ideas Effectively
Idea management programs can be used to increase the proportion of successfully implemented projects based on ideas contributed voluntarily by employees. This research highlights that people who come forward with ideas care deeply about their organization. ‘Idea Management’ provides the support such employees need for their expertise and creativity to be recognised, developed and successfully […]
The Pros and Cons of Sharing Intellectual Property
The purpose of R&D is to invest time and money in a technology in order to bring it to market to make a profit. The window of competitive advantage that exists when a company brings a new technology to market before everyone else is one of the primary incentives for a company to make that […]
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Last Call for Social Media Sceptics
How are managers today using social media tools and how important are those tools becoming to their organizations? In collaboration with Deloitte, MIT Sloan Management Review conducted a survey of nearly 3,500 executives to gain insight into, and a richer understanding of, how organizations are leveraging social media and social networks. They define “social business” […]
Driving Risk Appetite Higher or Lower: Penalties Vs Rewards
In many organizations, collaborative innovation teams are utilized to manage new product development initiatives. This involves different types of managers (marketing, operations, engineering, etc.) working together to allocate resources to a project. This remains an effective way to spark innovation, but the process can be greatly enhanced by understanding the role that rewards and penalties […]
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