20 August 2019
There is widespread agreement about the cultural attributes that inhibit innovation.
- A bureaucratic, hierarchical, and fearful environment.
- Such cultures often starve innovation of resources and use incentives intended to promote short-term performance and an intolerance of failure.
- Only 28 percent of the senior executives in the survey said that they are more likely to focus on the risks of innovation than on the opportunities, but only 38 percent said that they actively learn from innovation failures and encourage the organization to do so as well.
- Even more alarmingly, only 23 percent of the employees believe that their organizations encourage them to learn from failure.
To make a corporate culture friendlier to innovation, managers must acquire new skills to engage and lead the employees.
03 August 2019
The issue many organizations face today with innovation is their tendency to be too optimistic and wanting all innovation to be revolutionary or too cautious and staying in their comfort zones.
Both approaches lead to failure and an internal perception that the company must retreat back to the core business and delete its innovation efforts. This slide show shares 10 steps to promote innovation and succeed.
Learn about the 10 steps to promote and succeed at innovation.
03 August 2019
There is a growing realization that organizations have to get the people who actually do the work to innovate. The innovation agenda is now as much about human capital investment as delivering new products and services. Now that innovation is everyone’s job, who owns job training?
The organization’s innovation champions and evangelists are becoming innovation educators and trainers.
27 July 2019
Those with the HR teams, training program, organizational structures, and adaptable staff will be best prepared for this fast-approaching reality.
Artificial Intelligence is already forcing leadership teams around the world to reconsider some of their core structures. Fundamentally. organizations need an AI Strategy to stay completive
While AI technologies are still in their infancy, it won’t be long before every organization is forced to develop their own AI strategy in order to stay competitive.
27 July 2019
While the expansion of robotic process automation has reduced headcount in the back office, it's a different story for customer service and sales.
In a Forrester report, 46 percent of organizations said sales and marketing are leading the investment in and adoption of AI, followed by customer support (40 percent).
AI investments are increasing and there will be a domino effect throughout sales, marketing, and customer support. This will have a direct impact on both employees and customers.
AI will augment humans rather than replace them.
21 July 2019
Artificial Intelligence (AI) is fundamentally changing how businesses operate across all sectors, including manufacturing, healthcare, IT, and transportation.
Advancements in AI over the last decade are presenting opportunities for companies to automate business processes, transform customer experiences, and differentiate products offerings.
CBInsights has prepared a list of the major AI trends to follow in 2018.