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
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 Education: a Path to the C-Suite
By Seb Murray on Sep 20, 2023
Business schools are now offering programs that help fast-track executives to the upper echelons of business
Unleashing Innovation through Executive Education Programs
By Seb Murray on Jul 03, 2023
In an increasingly volatile business environment, organizations turn to training to help reinvigorate their businesses
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
