Innovation

The digital age demands high-velocity, high-quality decisions, yet decision-making in traditional companies is hindered by so many hierarchical layers, coordination committees and standing councils...

Collecting ‘dots.’ We all do it.  We read, we listen, we process and we intuitively file away pieces of information which by themselves may seem incidental.  Connecting those dots is the foundation for an effective strategy.

Dominant visionaries that lead companies do not act or think like most people. In addition to disrupting industries and changing the world, here are seven of their common behaviors.

Most companies acknowledge the importance of innovation, but few actually know how to be innovative. They don't realize that innovation must be a cultural imperative to truly succeed.

College Hunks Hauling Junk dealt with a recession, not striking a deal on the first ever episode of Shark Tank and numerous challenging franchising relationships in the early days. Having moved past those encounters, President and Founder Nick Friedman says the company is now a position to thrive.

This week's proclamation by the Business Roundtable is not a novel position, but a rediscovery of the group's original position. Furthermore, such responsible and responsive social conduct has long been far more accepted practice by progressive business leaders than presumed.

Adding as much transparency to critical decision making will go a long way to instilling confidence in the team that there is logic and purpose to their role.

Employees don’t have to be corporate founders or CEOs to be innovators—by giving them independence, supporting their goals and staying open to new, risky ideas, you can unleash your employee’s inner entrepreneurs for a healthier culture and even new, profitable products or services.

Former P&G CEO A.G. Lafley was looking for a way to “allow transparency to guide decisions.” What he discovered was the scientific method, a problem-solving device used by inventors from Leonardo to Steve Jobs.

John DeLorean and his failures to make the transition from innovator to CEO can impart many lessons. Here are a few takeaways that may help inform others on that path.