Tag Archives: Culture of Innovation

The dose is everything: how much labor protection is good for innovation

A theoretical concept proposed by Gustavo Manso in 2011 (I wrote about it here) postulates that the optimal combination of incentives that motivate employees to innovate must include tolerance for failure in the short term and reward for success in the long … Continue reading

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The “labor law” of innovation

One might assume that pro-worker labor laws, due to their association with lower levels of investment, productivity and output, would have a negative effect on innovation. In fact, academic studies indicate that more stringent employment laws help firms and their … Continue reading

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Innovation and failure: from words to deeds

The idea that innovation involves experimentation—and experimentation often results in failures–has gradually crawled to the forefront of our thinking about the innovation process. It became fashionable to quote Amazon’s Jeff Bezos as saying that high tolerance for risk and failure accounts … Continue reading

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How to Cultivate Innovation in the Workplace

Innovation is what most businesses aim for no matter what industry. In fact, a lot of today’s most successful businesses were founded on innovation. Look at Apple and Microsoft; both companies started from ideas that seemed impossible at the time … Continue reading

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One more time about “culture of innovation”

My previous post, “The “culture of innovation:” misnomer, oxymoron, myth or chimera?”, has caused a lively discussion in a number of LinkedIn groups. Approximately half of the commenters were sympathetic to my claim that the very term “culture of innovation” … Continue reading

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The “culture of innovation”: misnomer, oxymoron, myth or chimera?

In the opening piece of the Summer 2017 issue of MIT Sloan Management Review, Paul Michelman writes about diminishing importance of corporate culture in the age of networked enterprises. Obviously, not everyone agrees with Mr. Michelman, and the whole discussion … Continue reading

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From a Spark to raging fire. (How Liberty Global got its corporate innovation right.)

(This post has originally appeared on Edge of Innovation) So many companies struggle with their corporate innovation programs that it’s important to identify and celebrate “success stories,” as there still aren’t many cases of organizations that get corporate innovation right. One … Continue reading

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