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.
Executives Are Facing Pressure to Lead on Sustainability. Here’s How Business Schools Are Preparing Them.
By Seb Murray on Jan 13, 2025
Environmental, social and governance (ESG) is becoming an increasing focus in the business world and executive degrees are helping students find ways to help businesses align with such values while maintaining profits. Graduates have provided real-world results, such as reducing waste and cutting emissions.
The Most Popular and Newest Executive Courses in 2024
By Seb Murray on Jul 17, 2024
Executive education is always evolving, in response to the needs of the business world. And, in 2024, top business schools around the world are offering innovative programs that cater to the demands of modern executives. These programs focus on essential skills such as leadership, digital transformation, sustainability and global strategy, reflecting the current trends and challenges in the business landscape.
Executive Education Proves Resilient to Economic Pressures
By Seb Murray on Mar 24, 2023
Schools are cautiously optimistic that demand can be sustained now that companies are making difficult choices on costs
