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
Layoffs Become a Leadership Test in Executive Education
Business schools say managing job cuts with clarity, fairness and empathy is now a core leadership skill.
Executive Education Finds a Middle Ground in Hybrid Delivery
After the pandemic push toward fully online formats, in-person learning has reasserted its value. But hybrid formats that blend online modules with face-to-face teaching are finding a growing audience among time-strapped, geographically diverse executives and companies.
How Micro-Credentials Can Help You Upskill Fast on AI, Digitalisation and Beyond
By Seb Murray on Feb 28, 2025
Courses with specialized focuses and shorter durations are gaining traction, especially for those who can't make longer-term commitments outside of work. Staff at IESE Business School and Rotterdam School of Management give details on why these courses are becoming increasingly appealing.
5 Ways an Executive Course Can Improve Your Career
By Seb Murray on Jun 25, 2024
Continuous learning is not just an advantage today; it’s a necessity. And executive education courses offer a streamlined path to career development, providing targeted learning experiences designed to address the unique challenges faced by leaders of organizations.