boost innovation, introduce a Chief Incentives Officer

Physicist and biotech entrepreneur Safi Bahcall argues in Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries that the secret to creativity as actually organizational structure versus anything else. To Bahcall, the goal is to create a structure where you get people motivated and incented to go for “loonshots,” crazy ideas that…

Inc. – Invite Fresh Ideas to the Table

Create an outside team of advisors. Unlike a focus group, they are not anonymous, but purposeful in providing valuable insight about the trends in your market. Your advisory team should always provide data, not assumptions, about what is trending and emerging so your company can be ahead of the learning curve. Members of your advisory team…

FORBES – The Benefits Of Simplicity

Being an effective manager is not about mastering mysterious and complicated methods.  It’s about keeping it simple and following old, proven, and even obvious ideas. What made a good leader in the past is still what makes one today: being competent, caring, and benevolent. Take time to understand your employees. Set thoughtful, logical goals for…

Forbes – The Benefits Of Simplicity

Management Tip: The Benefits Of Simplicity Victor Lipman Effective management has some pretty simple fundamentals at its core. Take time to understand your employees. Set thoughtful, logical goals for them. Manage to those goals and hold your employees accountable for them. Always keep the lines of communication open, and spend adequate time on employee motivation and development. And don’t be afraid to make hard…