Employing and retaining the right people is critical to the process of innovation within ResMed, according to its global CHRO, Richie McHale, who said there are certain values it looks for in employees which are important to creating a successful environment within the business. “We hold our employees to high standards of ethics and creativity,…
Innovation outcomes are unpredictable, and the process of innovation comes with a healthy dose of ambiguity. For this reason, the best innovators are flexible. They are willing to change paths, course correct and explore different solutions, writes Zoe Aitken Vincent Van Gogh once famously said that “Great things are not done by impulse, but by…
The Walt Disney Company has adopted a unique approach to engaging a multigenerational workforce with a view to boosting innovation, fostering employee engagement and improving talent management, according to the company’s local head of HR. Walt Disney has a number of programs in place globally, such as internships and reverse mentoring, which assist in catering…
Unless very clear guidelines are communicated to employees about the types of ideas the business is looking for, a bottom-up approach can end up doing more harm than good. Many of the ideas submitted are unviable, unfeasible or misaligned to the business strategy, and therefore don’t ever see the light of day, writes Zoe Aitken…
Employing and retaining the right people is critical to the process of innovation within ResMed, according to its global CHRO, Richie McHale, who said there are certain values it looks for in employees which are important to creating a successful environment within the business. “We hold our employees to high standards of ethics and creativity,…
CEOs need to be comfortable in taking enough risks to drive innovation, according to an expert in the field of elite human performance, who explained that an organisation’s risk profile will inevitably set the cultural bar for innovation in a business. While many organisations are actively seeking greater innovation, organisational leaders are sometimes unwilling to…
There are two important ingredients in innovation, according to Cochlear’s senior vice president of HR, Anne-Marie Leslie The first is to make strategy clear and execute on it, and the second is to remove barriers to personal creativity for employees, she said. “Innovation and creativity come from an environment where you allow people to use…
Unlocking enterprise-wide innovation is critical to the process of digital transformation, according to Aaron McEwan, who explains that there are three steps to developing network innovation strategies Digitalisation has become a top priority for 90 per cent of corporate leaders. In fact, it’s so important to the next phase of business growth that an estimated…
HR leaders have a very important role in fostering innovation, according to an expert in the area, who said there are specific steps that HR can take in order to help create a culture of innovation and further the practice of “intrapreneurship” within organisations. The first key driver of innovation within companies is leadership, and…
The economic resilience of Germany can be attributed to factors which emphasise the link between people management and innovation, writes Stefan Zagelmeyer Whenever I present research that colleagues and I have been doing on the impact of the global financial crisis (GFC), HRM and the stunningly quick recovery of the German economy (compared to other…