Tag Archives: Culture of Innovation

Innovation do’s and don’ts

Posted on December 8, 2021 by Eugene Ivanov

Jeff Bezos once said: “Good intentions don’t work, mechanisms do.” I interpret this line as implicit support for my conviction that chasing the chimera of “culture of innovation” is a distraction, rather than an enabler, of corporate innovation. Instead, firms … Continue reading →

Posted in Diversity, Innovation, Rewards and Recognition | Tagged , , , , , , | 2 Comments

A stranger in the room

Posted on October 1, 2021 by Eugene Ivanov

Better decisions come from teams that include a “socially distinct newcomer” (Kellogg School of Management News, 2009) What role do external consultants play in shaping corporate innovation? Steve Blank, one of the greatest innovation thinkers of our times, seems to discount … Continue reading →

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Traveling unchartered innovation waters with Innovation Charter

Posted on September 23, 2021 by Eugene Ivanov

(An earlier version of this piece was posted last year to the HeroX blog) A few years ago, I came across an innovation survey, sponsored by Wazoku. Its results shocked me.  Full 85% of respondents to the survey–board members, senior and middle … Continue reading →

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A few words about innovation and leadership

Posted on September 3, 2021 by Eugene Ivanov

I remember reading, a few years ago, a report with inspiring title “Unleashing the power of innovation.” To get a sense of what’s going on with innovation around the world, the authors of the report approached 246 CEOs and served … Continue reading →

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What Is Holding Your Business Back from Becoming the Next Big Thing?

Posted on August 29, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog)  As a famous line (wrongfully attributed to Charles Darvin) reads: “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is … Continue reading →

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Innovation’s “Uncharted Waters”

Posted on July 20, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) A few years ago, Wazoku, a UK idea management software company, sponsored an innovation survey. The results of the survey are a cause of concern for anyone interested in corporate innovation.  Full … Continue reading →

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Innovation and Freedom

Posted on March 24, 2020 by Eugene Ivanov

With waves of profound technological change rocking every corner of the global economy, innovation isn’t a luxury anymore, not even a matter of choice – it’s a means of survival.  The mantra “innovate or die” may have become a cliché, … Continue reading →

Posted in Global Innovation | Tagged , , , , , , , , , , , , , , , | 9 Comments

The Words We Choose

Posted on February 20, 2020 by Eugene Ivanov

In a recent HBR article “Stop Calling It Innovation,” Nadya Zhexembayeva suggests ditching the term “innovation.” Her point? Employees hate innovation. Rightly or wrongly, they associate innovation with undue risk, extra work without reward, and even job loss. As a … Continue reading →

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Innovation: for and against

Posted on April 28, 2018 by Eugene Ivanov

I like Jeff Bezos’ line: “Good intentions don’t work, mechanisms do.” To me, it sounds like a full support of my conviction that endless talks about establishing a “culture of innovation” is a distraction, rather than an enabler, in fostering … Continue reading →

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Are you innovating? We won’t be paying you today!

Posted on February 12, 2018 by Eugene Ivanov

A solid body of evidence, from both controlled laboratory experiments and field studies, shows that compensation based on the pay-for-performance (P-f-P) principle—when individuals receive a fixed percentage of the profits resulted from their activities–is effective in inducing higher levels of … Continue reading →

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