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.
TOPICS IN THIS IDEA
RELATED ARTICLES & IDEAS
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 s...
An intrapreneur can be defined as someone who thinks like an entrepreneur but brings their ideas to the company where they are employed instead of launching their own business.
Instate a "no idea is a bad idea" policy, gather the support your employees need to try out their ideas and let them pitch decision-makers at your company.
This allows employees to spend 15 % of their paid work time daydreaming, doodling or experimenting with ideas that don’t necessarily have to do with their work at the company.
This kind of daydreaming is the genesis of invention and fosters passion for one’s work.
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 mor...
We often start habits and drop them a few days later. To combat this, you can use triggers to remind you to practice the habit. Examples of triggers:
Studies indicate that the Zeigarnik Effect is real. It says you are more likely to recall uncompleted tasks than completed ones.
Knowing this pattern of our brains, we can trick it by forcing cliffhangers when we’re reading books. It’s hard to stop reading in the most interesting part but it will make you want to start reading again.
Certain organizations have the capacity to transform themselves, if the leader who is in charge, has the vision and the will for it.
It's not very often that short-term profitability and a se...
A leader with clarity of conscience and a readiness to speak up can make a difference, and contribute to the greater good of humanity.
Cultural change can be made possible even if a middle-level or lower-level manager puts together a radical vision and gathers momentum from his peers.
Taking challenges continuously, big or small, contributes to your 'challenge taking' skill-building, preparing you for bigger milestones in the future.
The skills that are built, eventually operate in different areas, sometimes in unplanned and unanticipated situations.
Deepstash is better on the app. Discover new ideas and get inspired daily.