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Posted by on Oct 30, 2015 | 0 comments

Everyday Innovation at the Federal Reserve’s Innovation Summit

Everyday Innovation at the Federal Reserve’s Innovation Summit

Recently, we were asked to present and serve as panel experts at the Federal Reserve System’s Innovation Summit. Like most organizations, innovation is a hot topic at the Fed. And some very common themes related to innovation were discussed, including fear of failure as a leading barrier to innovation and the critical role that leadership and culture play in innovation.

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Posted by on Oct 5, 2015 | 0 comments

Everyday Innovation in Greater Cleveland

Everyday Innovation in Greater Cleveland

If you aren’t already aware of it, Cleveland Ohio is a leader in the new Innovation Economy. And it’s gaining traction in attracting and retaining talent that is driven by making a purposeful positive impact. This is a great environment fueled by diverse backgrounds and perspectives as well as the convergence of bright minds, relentless determination and passionate purpose.

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Posted by on Nov 21, 2014 | 0 comments

An Entrepreneur’s Story of Hope, Faith, Optimism and Perseverance

An Entrepreneur’s Story of Hope, Faith, Optimism and Perseverance

This is a story about an inspiring entrepreneur and the nonprofit organization she founded thirty years ago. It is a story about hope, faith, optimism and perseverance. And these are hallmark characteristics of some of history’s most impactful leaders and entrepreneurs. These are also characteristics that we all possess, and each one of us has the ability to make the most of these powerful gifts within us to make a positive impact in our own lives and in the lives of others.

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Posted by on Mar 10, 2014 | 0 comments

Innovation is Everyone’s Business

Innovation is Everyone’s Business

The need for continuous and sustained innovation has never been greater for businesses and organizations, regardless of size, industry or market, for profit or non-profit. Now, innovation is everyone’s business due to several factors including increasingly competitive markets, increasingly diverse and demanding consumers, along with current and forecasted trends and challenges. In many cases, cost-cutting has been cut to the bone and efficiencies squeezed beyond the point of diminishing returns. Profitability and growth are increasingly challenging. Engagement and retention (or lack of) are growing and costly problems as well. So now, whatever your business, continuously seeking new ideas, new opportunities and new and better ways of doing business, is critical to your success.

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Posted by on Jan 7, 2014 | 0 comments

Myths of Innovation

Myths of Innovation

While the importance and value of innovation cannot be overstated, the “legend” of how it is accomplished has been greatly exaggerated. Innovation has been romanticized to the point where many of us believe it is something beyond our ability. The stories associated with innovators and innovations come to us wrapped in a great deal of mystery and mysticism. This makes for very interesting stories but it also distorts our perception of innovation. These stories and myths can make innovation seem mysterious, illusive and out of reach, leading us to believe that the ability to innovate is a rare gift limited to an elite few “geniuses,” people such as Leonardo da Vinci, Marie Curie, Albert Einstein and Steve Jobs.

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Posted by on Jan 4, 2014 | 0 comments

The Great Recession’s Impact on Innovation

The Great Recession’s Impact on Innovation

We have been in survival mode, both as individuals and organizations. We have been in a fear-driven, defensive, protective position, not all that different from a roly-poly bug. But over time, as the storm of the Great Recession endured, our fear-driven, protective position has increasingly led to organizational paralysis, where fear reigns supreme, indecision and inaction rule, and “stay under the radar” is the modus operandi. And this all too prevalent organizational condition represents an anti-innovation environment reinforcing anti-innovation behavior.

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Posted by on Jan 3, 2014 | 0 comments

Innovation and the Value of Inclusion and Diversity

Innovation and the Value of Inclusion and Diversity

One of the foundational principles of Everyday Innovation is that “Diversity is Power.” The potential of the outcomes we create expands as we actively include a diversity of perspectives. And these days, “inclusion” is an often misused word. So when deciding, defining and creating desired outcomes, are we including all the right people and perspectives? And are we truly including them?

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Posted by on Jan 2, 2014 | 2 comments

Fear is the Enemy of Innovation

Fear is the Enemy of Innovation

At times fear can be an effective tactic for accomplishing compliance and driving desired behaviors, but it is a very ineffective tactic for fostering innovation. In fact, fear typically stifles and suppresses innovation. And it actually takes a lot of energy and resources to generate and sustain a fear-driven environment that stifles innovation.

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Posted by on Nov 25, 2013 | 0 comments

Early Experiences as Children can Influence our Ability to be Innovative – Clayton Christensen

Early experiences as children can influence the ability to be innovative. Parents who reinforce “taking things apart to fix them” instill CURIOSITY in their children. Curiosity is an important characteristic of innovative people. This ability also breeds confidence that you “can” fix things with time and experience. And confidence is important as well.

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