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Many CEOs and leaders talk about the importance of innovation in their organisations. But often their words are bland and vague – just a form of management-speak. If you want people to really believe then why not explain exactly what you mean with a Declaration of Innovation. The Declaration of Innovation is a statement of [...]  If you run a company then you are probably burdened with a plethora of troubles. You have all sorts of headaches, problems and surprises to sort out every day. It is hard to stand back and focus on the big strategic issues – but that is exactly what you have to do. Here are a [...] Stefan Lindegaard has written an interesting piece in Business Week arguing that most CEOs just don’t understand what innovation needs and entails. As evidence he quotes research by the Center for Creative Leadership in Greensboro, N.C., which interviewed 247 executives and managers who supervised at least 500 people and had more than 15 years of management [...] There is an interesting interview with Google’s CEO, Eric Schmidt, in the McKinsey Quarterly. Here are a couple of snippets: The Quarterly: Could you tell us about how Google innovates? Eric Schmidt: Innovation always has been driven by a person or a small team that has the luxury of thinking of a new idea and [...] The CEO of Black and Decker once said, ‘People don’t go into a DIY store because they need one of our drills. They go because they need a hole in the wall.’ Wonderbra in their internal communications to staff say this, ‘We do not sell underwear. We do not sell lingerie. What we sell [...] |
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