Australia’s Virgin Blue airlines in-flight magazine contains a great article reporting on a survey on innovation in Small to Medium Enterprises (SMEs), by Deloitte Australia and the Australian Business Foundation. The survey is titled Innovate or Evaporate and is available from Deloitte. Small to medium enterprises are widely regarded as highly innovative and agile in…
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The Boston Consulting Group and Business Week have released their 2007 list of the world’s 50 most innovative companies, as determined by a global survey of 1,500 corporations involving 2,468 executives. The top 10? Apple Google Toyota General Electric Microsoft Procter & Gamble 3M Walt Disney Co IBM Sony With one exception, this is indeed…
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Fans of Jim Collins’ books Good to Great and Built to Last identifying top performing companies and examining their characteristics might remember that before authoring these works, Collins was a consultant with McKinsey & Company. McKinsey & Company Consulting have recently released their own research paper along the same lines as Collins’ books, analysing companies…
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SAS recently published an article reporting on outcomes from a survey of 1100 business professionals regarding their Performance Management efforts. Key outcomes from the survey include: [in most cases] most areas of the organization are involved in performance management activities to some degree . . . only 16 percent of respondents indicate that performance management…
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The Bain Consulting Management Tools Survey 2007 results have been published, and the results highlight the increasing importance of “soft” management skills in areas such as organisational culture, knowledge management, and innovation. Innovation is a continuing top priority Organisations are continuing to place emphasis on growth through innovation rather than relying on cost cutting to…
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A Deloitte study identifies 8 aspects of the people side of change that need to be managed: People risk and impact management Leadership alignment and stakeholder engagement Communications Culture Organizational design and governance Talent requirements and HR programs Workforce transition Learning and capability transfer The Be Excellent blog, drew on this recently published Deloitte research…
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In a January 2007 paper “Driving Operational Innovation Using Lean Six Sigma,” the IBM Institute for Business Value argued that Lean Six Sigma can do more than help achieve operational excellence through improving processes: Lean Six Sigma can . . . help leaders discover innovation opportunities far beyond operations, enhance financial performance, and create organizations…
A Price Waterhouse Coopers Innovation Survey of the “most senior people in the Times Top 1000 companies” found that the top performing 20% of companies responding collected and turned ideas into action through “well defined idea management processes” (an Idea Management System) that seek and gather ideas and knowledge widely from customers, suppliers, employees, other…
There is now quite a high level of awareness in corporate life around the types of innovation and how to acheive business value from innovation. This high level of awareness has been brought home strongly in IBM’s recent Global CEO Study on Innovation, a global survey involving 765 CEOs sharing their views on innovation. The…
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Booze Allen Hamilton’s second annual report on the returns from the world’s 1000 largest R&D budgets reinforces the finding from the 2005 report: that there is no simple or direct correlation between the R&D budget and the business value delivered by innovation. The 2006 report identifies a group of 94 “high leverage innovators” that consistently…
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