Culture & Values

Three Friends vs. Three Enemies of Innovation

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Support the VCC and fight the BBC. For most organizations innovation is a struggle. The natural thing to do is to stay in the current state. The CEO preaches the need for innovation but people further down know that it involves risk, time, effort, cost, disruption and potential failure. In this contest innovation has some powerful friends and some dangerous enemies.

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Start at the End

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Dave Lavinsky is a serial entrepreneur who built his own company from the ground up. His book, Start at the End, was a #1 Bestseller on Amazon just one week after it was released. The goal of the book is to learn how to work fewer hours and be efficient when working at a new job or starting a business. For innovation practitioners, here are his top 12 tips:

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Sustainable Innovation Metrics

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Innovation is ultimately about Return on Investment. A system of metrics will objectively show your progress and success each step of the way. It’s essential to follow a course of action that produces ongoing improvement, and sustainable and repeatable innovation. Innovation is meaningless without attaching measurable goals to an initiative.

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Loss Aversion & Idea Implementation

You've had a brilliant, creative idea that you believe could become a breakthrough innovation. You've researched and modeled the idea's potential and believe it could generate substantial more revenues. So, you make a nice presentation emphasising the manifold benefits of your idea and present it to top management. You are convinced they will buy into your idea and are devastated when they reject it. What happened? How could they not be seduced by the benefits of your idea?

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