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Why an Innovation Culture Matters

Organizational Talent Consulting

The financial and operational rewards for innovation are significant. improved operational productivity. recruiting, rewarding, recognizing, and developing innovation champions. Benchmarking in the process of creating a culture of innovation in hotel companies. reduced costs and increased revenue. References: BCG.

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3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

The proven benefits of innovation include: increased competitive advantage improved operational productivity reduced costs and increased revenue improved commercial value enhanced problem-solving One modern innovation that is impressive to watch is SpaceX's reusable Falcon 9 (watch the video below). References: Beswick, C., Bishop, D., &

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What the Best Transformational Leaders Do

Harvard Business

How have the firm’s growth, profits, and stock performance compared to a relevant benchmark (NASDAQ for a tech company, for example, or DAX Index for a German firm) during the transformation period? Today AWS accounts for just 10% of Amazon’s $150 billion in revenue, but generates close to $1 billion in quarterly operating profit.