Innovation
Innovation refers to the development of new tools and procedures that create new products or generally make systems more efficient. Businesses that can harness innovation can become more effective in many ways. Managers can support innovation by providing formal or informal systems that encourage creative thinking and the confidence to support new breakthroughs. For example, Google encourages innovation by allotting employees time each week to work on projects that they are personally interested in.
Related Articles
Convincing an Employer to Pay for your Executive Course
By Seb Murray on May 22, 2023
With organizations coming under financial pressure, training budgets are constrained. Securing funding comes down to demonstrating the tangible benefits of executive education
Business Schools Plan a Hybrid Future for Executive Education
By Seb Murray on Oct 18, 2022
Blending online learning with face-to-face sessions is a popular model in a post-Covid world
Innovative Methods to Measure the Impact of Executive Education
By Seb Murray on Jul 13, 2022
With competition intensifying in the corporate training market, business schools are developing new and more sophisticated ways to measure the true value of training
Executive Education Navigates the Future of Work
By Seb Murray on Dec 01, 2021
Business schools have created courses that focus on preparing company executives for the workplace revolution.