What are the long-term impacts on learners who have taken training in structured innovation? What do they recall from the course? What is the long-term effectiveness of a systematic creativity training with regards to building-up creative confidence and creative confidence in learners? Did the learning journey to the creative side of life inspire some former learners to pursuit […]
What’s going on in the minds of businesspeople who undergo training in business creativity and the use of a structured innovation method? What is their creative learning experience like? How do learners feel as they get trained in innovation? Together with my colleague Dr. Brian Hunt, I investigated these questions in a comprehensive research project […]
While attending the ISPIM Asia-Pacific Innovation Forum 2014 in Singapore a few weeks ago, I participated in a roundtable discussion with the intriguing title: “Are executives suffering from innovation fatigue? What can be done to enhance the effectiveness of innovation workshops?” “Innovation fatigue? We’re in the innovation economy. And how can one ever get tired […]
In the decision-making course I teach to graduate students in business, I introduce them to prospect theory and the related cognitive biases. One of these biases, loss aversion, helps explain why many individuals and organizations are unable to realize their full innovation potential. Prospect theory and loss aversion In their 1979 paper Prospect theory, the […]
In the last column, we discussed the importance of innovation, and the five dimensions of organizational innovation: leadership at all levels; commitment; collaboration and communication; culture; and structure, systems and processes. Of these, commitment is the best indicator of a company’s innovative capacity. When my company, which helps other organizations innovate and achieve an innovation […]
Every year, companies invest billions of dollar for training their employees. Do you think it’s worth it?