Innovative cultures - the reality
Innovative culture in an organisation is generally viewed as a good thing, characterized by a tolerance for failure and a willingness to experiment, leading to better innovative performance.
On the flipside however, innovative behaviours must be counterbalanced by some tougher and less fun behaviors, including an intolerance for incompetence, rigorous discipline, brutal candor, a high level of individual accountability, and strong leadership.
Swamped by the volume of projects
This article looks at the dangers of 'initiative overload' - when an organisation struggles to terminate projects and initiatives that have ceased to have value, or no longer support company strategy. Understanding the causes can help leaders diagnose the risks in their organisations and make smarter decisions about what to keep and what to kill.
How risk management can enable growth
The article presents a study on the importance of risk management to promote sustainable long-term corporate growth. It cites the factors that drive efficient growth, including capital allocation, research & development portfolios, and mergers and acquisitions deals. It explores the benefits of using the enterprise risk management (ERM) program to combat risk aversion.
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