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
Why Executive Education Pays Off Long After the Course Ends
From enduring peer networks to opportunities for continued learning, alumni say the impact of executive education often emerges well after they return to work.
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.
Executive Courses vs. MBA Programs
By Seb Murray on Jun 06, 2024
In business education, two distinct pathways stand out: executive education courses and MBA programs. Understanding the difference is crucial for prospective students to make informed decisions.
How to Make Custom Executive Courses Successful
By Seb Murray on Nov 03, 2022
Tailored programs can deliver huge benefits for the individual and the employer, but they require careful planning and design
