Mention the word “innovation” to any of Whirlpool Corporation’s 70,000 employees, and he or she will not typically cite any particular product, service or line of business. At Whirlpool, t
This Hack attempts to showcase the power of immediate feedback in organizations that want to develop top talent and keep individuals engaged for the long term.
Innovation poses two enormous problems for most leaders given the way they are trained to think. First, it’s a time-based form of value. It goes sour like milk. This year’s “must-have” gadget will end up in a landfill next Christmas or at least be overwritten by Version 2.0. Second, innovation only pays in the future for which you presently have no data. As Kierkegaard put it “Life can only be understood backwards; but it must be lived forwards.”
Editor's note: This is the second in a series of three posts (previously published in The Wall Street Journal ) introducing the Moonshots for Management that now make up the framework for the MIX. We're republishing them here to give an introduction for those readers of the MIX who may not be...
Innovation is a cornerstone of the Nike brand. Our company was founded by two visionaries, Bill Bowerman and Phil Knight, who set out to reinvent athletic footwear.
2011 marks the 100th anniversary of the publication of Frederick Winslow Taylor’s Principles of Scientific Management. Taylor was a mechanical engineer who, according to Peter Drucker, “was the first man in recorded history who deemed work deserving of systematic observation and study.” Taylor...
In the 21st Century, leaders must be innovative. Leaders must be smart. Leaders must be able to multi-task several projects with a seemingly boundless creativity.
