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Innovation Management - some ideas are better than others Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation. Selective Job Cuts Often Benefits Firm More Than Broad Layoffs Over Long Term It is difficult to pick up a newspaper or listen to a business news broadcast without being greeted with the announcement of another massive corporate layoff or cutback. The economy catches a chill and, as a result, the corporate world catches a profits "cold. Creativity and Innovation Management: Generating Better Ideas Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation. There are other useful definitions for both, for example, creativity can be measured according to the number of ideas produced, the diversity of those ideas and the novelty of those ideas. Give Yourself a Boss Day Gift, Part 2: Are You the Position or the Person? Are you the position or the person?Bosses can lose their own identity sometimes. It's easy. What You Should Know if People Dont Buy From You and People Dont Visit Your Web Site It is essential to understand what work and what do not work when you run business, especially through Internet. 1. Write Winning Proposals For Venture Capitalists You need to secure money for your project. You visit venture capitalists to see if you can get that money. How To Conduct Effective Meetings Before you call your next meeting, the FIRST step is to decide if it is really essential. To determine that, ask yourself the following: Is this meeting essential? Can we do without it? Can we accomplish the task without a meeting? Can it wait another week? Can we get things done with few meetings?Then, if you have decided a meeting is the best way to accomplish your objective, the following tips can help you conduct more effective meetings:1. Organizational Structure, Creativity, Innovation Organizational structure can inhibit or foster creativity and innovation. The problem with organizational structure though, is that it is resultant of many factors, including history, organic growth, strategy, operational design, product diversity, logistics, marketing, client base, supplier base and so forth. The 70% Solution: Practical Testing and Version Control "What do you mean you need to push back the launch date?" Says the CEO. Says the CFO. 10 Critical Questions to Ask Before Hiring a Consultant Talk to as many consultants as you can before hiring one. Even if you have one person or firm in mind, interview at least a few others as a sort of due diligence. Focus on Outcomes to Keep Your Business On-Course Did you know that an airplane in flight is off course nearly 98% of the time? No flight is completed in a straight line from Point A to Point B. Gravity, side winds, updrafts, and downdrafts are continually moving the plane off course. Turbo Charge Your Career With The Most Powerful Leadership Tool Of All: The Leadership Talk: Part 1 Leaders speak 15 to 20 times daily. You speak at meetings, you speak across their desks, you speak on the phone, you speak in e-mails, you speak at lunch, beside the water cooler, and on elevators, etc. Dealing with Marginal Performers: The Therapeutic Approach --PREPARATION: The purpose of the therapeutic approach is to spark an employee toward improved performance through counseling. The manager's goal is to help the employee recognize the existence of a problem, accept the need for change, and formulate his or her own program for improvement. The Leaders Fallacy May Be Howard Deans Undoing Howard Dean's tenure as chairman of the Democratic National Committee will be fleeting unless he avoids a common leadership trap I call it, the "Leader's Fallacy".Leaders adhere to the Leader's Fallacy when they believe their enthusiasm for a particular leadership challenge is automatically reciprocated by the people they lead. 5 Steps to Continuous Process Improvement Part One of Creating Well-Defined Processes SeriesWhat if your sales increased from $100,000 to $110,000 per day and your profit increased from $10,000 to $11,000 - did you improve by 10%? The answer might shock you.. Want to Manage Your Time? Get Real! You know the drill - the ridiculous deadlines, the relentless barrage of email, voicemail, phone calls, all those "got a minute" interruptions, the constant worrying that one of those many balls you're juggling is going to unexpectedly drop.When you're on total overload, all you want is relief - preferably the fast and easy kind. How To Decrease Profits Without Really Trying Hurting your sales efforts can be accomplished easily with the proper guidance. The following effective yet simple ideas are designed to generate results when implemented into your sales strategy. Which ITIL Process Should We Implement First? The following question is usually debated a lot amongst IT managers. "With which process should we start when implementing ITIL?" Everybody has their own views, but here are my takes on it. The Death Spiral Sometimes things just happen. Maybe we lose focus and take our eyes off the ball. Is Your Business Ethical? Ethics - in a profession or trade - is that branch of philosophy which studies the principles of right and wrong in human conduct.Is your business ethical?What I mean is "Does your business do the right thing when faced with that decision?" It's a simple question, which many businesses struggle with.
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