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The Avengers, 1960s TV series starring Patrick MacNee (John Steed) and Diana Rigg (Mrs Emma Peel), ITV/ABC/Thames Television

The Pros and Cons of Sharing Intellectual Property

Idea posted: April 2013
  • Innovation & Entrepreneurship
Institutions: HEC Paris , INSEAD

This research reveals why, in certain situations, it is more beneficial for innovators to share their secrets rather than to protect them. It also shows why, perhaps even more surprisingly, that it is wise for imitators to limit the amount of intellectual property they absorb from others.

Idea #124
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Business people in a series with a casual guy doing the headstand

How Team Reflexivity Fosters Innovation

Idea posted: April 2013
  • Innovation & Entrepreneurship
  • Leadership & Change

‘Team Reflexivity’ is the extent to which teams collectively reflect upon and adapt their operating methods and ways of working. This research explores the fundamental belief that highly reflexive teams will be more innovative than teams low in reflexivity, especially when faced with demanding work environments. It is an important predictor of team outcomes and innovation. The researchers explore why teamwork is better and more effective than individual acts and innovation.

Idea #125
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Alistair Sim as Scrooge, A Christmas Carol, 1951, United Artists

Don't Let CFOs and Accountants Slow Innovation

Idea posted: April 2013
  • Finance
  • Innovation & Entrepreneurship
  • Leadership & Change
Institutions: INSEAD

What can you do when penny pinchers get in the way of your disruptive ideas – ideas that may bring the critical changes your company needs? Firms with a greater degree of accounting conservatism are less innovative because of an obligatory accounting practice of immediately provisioning for future losses. How can you get the breathing space necessary away from the demands of shareholders and the market to innovate and bring about change?

Idea #117
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Peasant Wedding Dance, Pieter Brueghel the Younger, 1623 (Source: Wikimedia)

Tap Outside Communities for Innovations

Idea posted: April 2013
  • Innovation & Entrepreneurship
  • Marketing

While companies, especially larger companies, invest a significant slice of their budgets on R&D, researchers are demonstrating that breakthrough innovation and ideas often come from outside the organization — specifically from communities of product users and amateurs in the field. For Wharton professor of management Ethan Mollick, a leading authority on the topic, Apple’s App Store is the latest example of the power of user communities.

Idea #120
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Script the Change, Then Make It Happen

Idea posted: March 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour

Change initiatives often fail for a reason that may seem obvious in retrospect but is often overlooked: no clear and detailed vision of a future with the change in place. What is the new environment? Who is doing what? Writing a movie script of the change — starting with the ideal future then imagining the story of how that change can be achieved — inspires and guides the change initiative, injects creativity into the change process, and reveals inconsistencies and challenges that can block successful implementation.

Idea #113
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What to Learn from Pirates

Idea posted: March 2013
  • Strategy
  • Innovation & Entrepreneurship

Pirate companies may be viewed by ‘legitimate’ business as cheaters and rogues, but research by Professor Jean-Philippe Vergne of the Richard Ivey School of Business in London, Ontario shows that pirates are often innovators who fill gaps or create new business models that better fit the current and future challenges of an industry.

Idea #114
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Building Knowledge Sharing Networks in Organizations

Idea posted: February 2013
  • Strategy
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
Institutions: IESE Business School

When it comes to innovation, what works better: formal organizational structures or informal network ties between employees? According to this Idea, which stresses the strength of social ties as having important implications for knowledge sharing, it is the latter. Organizations can improve their knowledge sharing by following a few core strategies. Ultimately, this may also facilitate better conditions for innovation as well, invaluable in today’s competitive business environment.

Idea #089
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Facebook's Mark Zuckerberg (Source: Wikimedia)

Three Competencies Every Entrepreneur Should Develop

Idea posted: January 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
Institutions: IESE Business School

Is there such a thing as a ‘natural-born entrepreneur’? According to this Idea there is not. Specific techniques and habits must be practiced and developed by all would-be entrepreneurs. And as well as business competencies, entrepreneurs need interpersonal and self-leadership skills too; however, these are often overlooked. Read on for advice on how to build and put these skills into practice.

Idea #011
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Steve Jobs, Steve Wozniak and the Apple 1 PC

Creating Innovative Business Models

Idea posted: January 2013
  • Innovation & Entrepreneurship
  • Operations

Choices organizations make about their business model often go unchallenged for a very long time. This is an underutilized source of future value. As an alternative or complement to product and process innovation - business model innovation can be where the greatest benefits lie. With that in mind, and before launching a new business model, managers should ask themselves the six key questions outlined in this Idea.

Idea #048
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Communication and the Science of Great Team Building

Idea posted: January 2013
  • Innovation & Entrepreneurship
  • Leadership & Change

There is an ineffable buzz about a good team at work. You can just sense it. Understandings between team members seem effortless, sometimes almost telepathic. The attainment of this serene team cohesion is often discussed in terms of ‘art’ rather than something we can look at through the prism of science. But what if that buzz were something that could actually be taught to a team? This Idea shows just how it can.

Idea #050
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Communicating Multiple Roles through Social Media

Idea posted: January 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
  • Marketing

Communications executives are surely the experts on using social media to create value in large organizations. This Idea shares the results of a large survey on social media use in the communication profession, specifically looking at the increasingly common practice of executives using multiple social media profiles or personas to achieve diverse goals.

Idea #070
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Man with special talents

Lean Thinking – Increased Innovation

Idea posted: January 2013
  • Strategy
  • Innovation & Entrepreneurship
  • Operations

Being Lean should not impact an organization’s innovative environment. In fact, freeing up resources can actually increase innovation. Lean thinking should be instilled in a company through leaders; however, middle-managers can also apply simple strategies to simulate creativity at all levels of the organization.

Idea #019
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Driving Risk Appetite Higher or Lower: Penalties Vs Rewards

Idea posted: January 2013
  • CSR & Governance
  • Finance
  • Innovation & Entrepreneurship
  • Leadership & Change

‘Innovate or die’ we are told. What if an organization’s ability to innovate could be enhanced by managing risk-taking behaviour through monetary incentive schemes and through a culture that tolerates failure? In this Idea we identify the precise levers that shift risk appetite, and show how they can be tweaked to foster innovation.

Idea #059
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Last Call for Social Media Sceptics

Idea posted: January 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
  • Marketing

Social media sceptics have all but scurried back into the woodwork. The game is up and the die cast: social media is here to stay. Each week the ‘fad’ seems to blow open a new way of doing things in a different industry; democratizing our flow of ideas even further. The scope of opportunity for science, art, and business here – seems infinite. But what role can leadership play to facilitate those opportunities and create value for their organizations?

Idea #062
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