Sustainable Leadership: How CEOs Can Balance Profit with Purpose
In an era marked by debates on climate change, social inequities, and evolving stakeholder expectations, the concept of business success has evolved significantly. The traditional profit-centric approach is increasingly replaced with a more holistic perspective considering a company’s social and environmental impacts that can be measured objectively. In this new paradigm, CEOs are expected to […]
Achieving an Innovation Culture
“Culture eats strategy for breakfast, lunch, and dinner.” The famous quote is attributed to Peter Drucker, who pointed out that culture is a strong driver of how a company behaves and plays to win. We can safely say the same applies to the importance of culture for innovation performance. A company’s culture can both hinder […]
Develop an innovation culture – video replay
Culture drives Innovation success but cannot be influenced directly. If your organization does not have Innovation in its DNA then what can you do? Companies are still struggling with this question and often revert to isolated interventions that unfortunately only deliver short term effects. Change doesn’t happen overnight, but there are tactical ways to start tomorrow while […]
Developing an Innovation Strategy
At the same time every organisation innovates, but approaches vary, and so do the results. In some cases, we see CEOs communicate the importance of innovation publically. This usually leads to well-intended but ad hoc initiatives but not the results that most expect. The world’s top performers approach innovation strategically, and during this webinar we’ll […]
Whirlpool’s Commitment to Innovation
I will soon mark my 14th anniversary with Strategos and this seems like a good time to reflect on my years as an innovation and strategy consultant. Over the years, our Innovation principles have endured (see this blog for some of the principles), but we have been challenged to apply them in new ways to new […]
How Google Manages Continuous Innovation in a Rapidly Changing World
How Google Manages Continuous Innovation The innovation challenge Most companies face significant challenges in terms of innovation. The products and services that generate current income must be continually replaced by new and improved offerings to customers. The advantage that many companies have in terms of skilled labor and a strong market position is about to […]
How to Embed a Culture of Innovation
At the beginning of August 2011, Apple briefly eclipsed Exxon as the world’s largest company by market capitalization, a remarkable fact given that when Steve Jobs returned to take charge 14 years ago, it was on the verge of bankruptcy.The amazing success that Apple has enjoyed has been achieved through bringing game-changing products and services to market as […]
Innovation Culture – Everybody wants one
Innovation culture. Everyone wants one … but how do you get it? Some companies believe that an innovative culture is something that can be mandated from the top. Worse yet, other companies believe that with enough innovation posters, mascots, and free-thinking toy filled events, an innovation culture will naturally result. Building an innovative culture is […]
Culture, growth or both?
CEOs have to face the same pressures every day, delivering short term results that satisfy an ever demanding market and a share price that reflects this. And since most if not all CEOs realize visibility of innovation results is a major contributor, many will push their organization to deliver innovations time and time again. Just […]
