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Tag Archives: Diversity
Dose Is Everything: How Religious Diversity Affects Performance
The idea that diversity boosts corporate performance and innovation is becoming mainstream. So far, the focus of attention has been mostly on factors of social diversity: the diversity of race, gender, and sexual identity. Unfortunately, less is known about the … Continue reading
Posted in Diversity, Innovation
Tagged Diversity, Diversity & Inclusion, Gender, Healthcare, Innovation, Performance, Race, Religion
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How to Build Your Innovation Dream Team (Part 2)
In Part 1, I described two potential approaches to building a corporate innovation team. One emphasizes specific individual skills of team members, the other focuses on the optimal mix of functional roles within the team. There is the third approach to the … Continue reading
Posted in Diversity, Innovation
Tagged Diversity, Diversity & Inclusion, Innovation, Innovation Management, Innovation Teams
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How to Build Your Innovation Dream Team (Part 1)
Do you agree that to pursue a corporate innovation project, you need a dedicated innovation team? Maybe not. We often hear that “innovation is everyone’s job” along with arguments that any structure kills creativity and stifles innovation. Why is the … Continue reading
Posted in Diversity, Innovation
Tagged Diversity, Diversity & Inclusion, Innovation, Innovation Management, Innovation Teams
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Innovation do’s and don’ts
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
3 Ways to Boost Innovation through Diversity
Have you ever heard about Employment Nondiscrimination Acts (ENDAs)? I suppose not. An obscure and boring subject. And yet, you might be surprised to learn that ENDAs, the U.S. state-level laws that prohibit discrimination based on sexual and gender identities, … Continue reading
The Role of Diversity in Innovation
(This piece was originally posted to the HeroX blog) Can labor laws affect innovation? To many people, this question may sound nonsensical. Why would such a boring thing like labor law have anything to do with an exciting act of creating … Continue reading
Posted in Crowdsourcing, Innovation
Tagged Boston Consulting Group, cognitive diversity, Credit Suisse, Crowdsourcing, Deloitte, Diversity, ENDAs, HeroX, Inclusion, Innovation, innovation tools, Katherine W. Phillips, McKinsey, Open Innovation, open innovation services providers, Open Innovation Tools, S&P 500
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Freedom to innovate
In one of my recent posts, I listed specific socioeconomic factors that favor or obstruct corporate innovation. Some of them, such as termination or compensation policies and the way organizations treat their employees, are in full control of the organizations … Continue reading
Building your innovation “dream team”
(A longer version of this piece was originally posted to the Qmarkets blog) You’ve heard this cliché many times before: innovation is all about people. Even if you’re an avid AI fan, you hardly expect robots replacing humans as innovators any time … Continue reading
Posted in Innovation
Tagged Culture of Innovation, Diversity, Innovation, Innovation Management
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When many experts are too many
In my earlier posts (here and here), I argued that when facing a complex technical or business problem the majority of organizations have a natural inclination to begin the problem-solving process with engaging experts, either internal (employees) or external (consultants). … Continue reading
The beauty of crowdsourcing
Last week, I spoke with Paul Arnold, a seasoned business writer and BBC alumnus. The topic of our conversation was crowdsourcing: how companies use it and why they’re often disappointed with the results of their crowdsourcing campaigns. The full text … Continue reading