Category Archives: culture

Innovation and Strategy Need Opposite Types of Motivation

The proper motivation… For a long time it was accepted that incentives, and specifically financial incentives, would motivate any type of desired business behavior. In other words–everyone has a price. There are two main types of motivation: intrinsic and extrinsic. Intrinsic motivation comes from within the task itself, and directly by the value of the benefit from completing it. ...

What is the best time to build a culture of innovation?

You already know that “culture eats strategy for breakfast.” When do you start paying attention to your company’s culture and changing it? My research made me realize that the reason people are more creative when they work in startups than when they work in mature companies is due to the difference in culture of those two types of companies. I ...

Cultivating a Fail Fast Culture – Manifesting learning and exploration

This is the second blog in a series of 3 blogs, by Janet Sernack, on cultivating a fail fast culture. In my previous blog “What does it mean to cultivate a fail fast organizational culture” I shared what typically happens when people experience failure, and how important it is to uncouple people’s fears about failure ...

One Hiring Mistake That Most Startups Make

The growth stage of a startup is scary and painful. With perfectly good intentions, founders make this mistake, that may lead to the company’s failure. When a startup is born, its founders are the creators of everything. They are the ones responsible for product (or service) development, for initial marketing and sales, and everything else that’s needed. They get their ...

The Bright (and Innovative) Future of the Mom and Pop Shop

Small businesses can't compete with the massive logistics machines and bargaining power of mega retailers. Prime retail space prevents competing with the cost structure of online retailers, who ship out of low-rent warehouses, and may avoid sales tax for being out-of-state; or they can't offer same variety of online retailers. Yet, there is a future for small businesses...if they understand their advantage.

Four Models of Intrapreneurship Innovation

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different. But the litmus test is...