The ability to successfully lead a team or an organization is heavily dependent on efficient and effective decision-making. In start-ups and smaller teams this success is often vested in a single individual. In larger and more complex organizations decision-making is often cascaded across multiple teams and individuals. When there is a single decision-maker, success is […]
The Learning, Knowledge-Creating Organization
“In the knowledge-creating company, inventing new knowledge is not a specialized activity—the province of the R&D department or marketing or strategic planning. It is a way of behaving, indeed a way of being, in which everyone is a knowledge worker—that is to say, an entrepreneur.”[1] Personally, the most capable organizations I have been a part […]
Improving Innovation Effectiveness: Adopt an Investor’s Mentality
Why do so many innovation initiatives fail to live up to expectations? Were the expectations unreasonable or was it simply irrational exuberance? In the world of early stage investing, every entrepreneur pitching a business plan has their version of the infamous hockey stick growth model. In reality, hockey stick growth is as elusive as the […]
Delivering Value: The Innovation Guidepost
As innovation emerges as a new organizational priority and the field is being developed, what guidepost messages should we leave today to inspire those working in the future to develop better tools, methods and programs? Some 30 years ago, W. Edwards Deming wrote “Out of the Crisis” which established many of the basic principles for […]
Innovate or Die: Why Beauty Truly Is in the Eye of the Beholder
Over the last few weeks, the articles on IOI Partners have focused on examining the ways and methods that organizations become more innovative. While the IOI Partners team has extensive and impressive backgrounds in the life sciences and diagnostics industries with expertise in chemistry, biology and engineering innovation, they also have an excellent sense of […]