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Limited Resources
Struggling with limited resources is a good formula for small companies, but is not easy to replicate in large corporations.
Innovation comes when companies are not focused on new ways to sell old successful products by re-marketing or repackaging them but to invent new products and compete in new industries.
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If resources are greater than the problem, that very abundance works against innovation.
If leaders of large companies wish to innovate, they must ensure that the challenges, dangers, and opportunities to innovate exist in the organization. They need to provide thei...
Human beings as a species are not built for abundance and paradoxically achieve peak productivity with constraints and limited resources.
There is no 'circle of safety' in small companies, and survival is a very real concern. This makes the people pull themselves together and out-...
Large corporations seem to lose their ability to innovate, something that they could do when they were small and nimble.
These big companies buy smaller companies, who are innovative despite struggling and being low on resources and finances.
Innovation, it seems, requires c...
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Studies show that there’s correlation between human behavior change and immediate rewards. Receiving immediate rewards releases dopamine in our brains, which compels us to seek more of the activity at hand.
By itself this isn’t enough to form a habit, for that, the...
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The idea of innovation is taking off just as fast as the businesses that embrace it.
But, not all companies are prepared to push innovation within their organizations. Changing workplace systems and procedures requires resilience and flexibility, and it’s an unfortunate reality that ...
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published 10 ideas
Companies, teams and individual achievers are sharply focused on achieving goals. But this focus on completion often limits the scope of the results and stifles innovation.
There is a time and place for problem-solving efficiency. But the regularity and pervasiveness of expansive ...
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