Innovation

The biggest barrier to innovation

Trapped

Peter Drucker once said: “Every organization has to prepare for the abandonment of everything it does.” Today, more than ever, the challenge of change is not only how fast to change, but how to look for innovative ways of doing things. It is not only how to get better. It’s how to get different.

Given the need for innovation, every business should find ways not only to facilitate, but to stimulate innovation. When I talk to leaders in organizations, most seem to recognize this need. Yet, many are puzzled by why they are not more successful with innovation. There is one huge barrier that, if taken down, could make the biggest difference for successful innovation. Do you know what it is? Continue reading »

How successful leaders navigate challenging boundaries

According to the Harvard Business Review, 71 percent of senior executives in major global companies ranked horizontal boundaries as their biggest challenge. Chris Ernst says that working across barriers of function and expertise, rather than above or below them — were the main worry of senior executives.

For leaders, during a merger, in coordinating disparate functions, in integrating a foreign division, a conversation across the fence was more effective than a "do it or else" series of commands to subordinates.

Seems that "Silo busting" has become crucial for success in today’s business world.

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