
Relaxation techniques you may be missing
There are six different kinds of rest beyond sleep, if you don't take care to get more than physical rest, it may be why you're exhausted. ...
by Louise Muhdi Published 30 January 2023 in Brain circuits • 3 min read
For today’s exercise, start by asking yourself (and possibly your team members) this question:
Do our greatest innovations come from:
If your answer was b, move on to the next section. If your answer was a, consider whether you have tried including people external to your company in your innovation processes. If not, it’s time for a fundamental shift in your mindset, and that should be your starting point. Closed innovation thinking needs to shift to thinking that embraces co-creation, based on a diversity of backgrounds and points of view.
One of the key benefits to changing your organization’s mindset to understand that you need to involve your whole ecosystem, and not just your internal players is that it shifts your culture from a “know it all” to a “learn it all” culture. This is the essence of a growth mindset.
Systems thinking is key
To solve complex problems in today’s world, organizations need a systems-thinking approach. If you recognize that you need collaboration with many varied stakeholders, you are in the right headspace. But then, there is a somewhat daunting question you must tackle: What are the connections within your organization’s ecosystem that you should be leveraging? How do you start collaborating with external players? How does this affect your company’s way of doing business?
To ensure you are ready to move outside your own ecosystem make sure you can answer these questions:
Finally, if you are struggling to identify the right partner within your ecosystem, you might want to use a matchmaker, which are organizations that have risen to help match growing companies with similar interests.
Affiliate Professor of Innovation and Strategy at IMD
Louise Muhdi is Affiliate Professor of Innovation and Strategy. She helps organizations adapt to uncertain and fast-changing business environments, drive innovation and growth, and sustain value creation for the long term. She has an MSc in biology and a PhD in technology and innovation management from ETH ZĂĽrich, Switzerland. Prior to joining IMD in 2019, Muhdi was Head of Innovation Strategy and Portfolio for Global Science and Technology at Givaudan International where she developed the global innovation strategy and implemented multiple strategic initiatives to drive short, mid, and long-term growth. She also spent several years in the pharmaceutical industry.
2 February 2023 in Brain circuits
There are six different kinds of rest beyond sleep, if you don't take care to get more than physical rest, it may be why you're exhausted. ...
25 January 2023 in Brain circuits
Leaders, especially those in human resources, need to consider where they are going to find the skills for the next big transition....
12 January 2023 • by Michael R. Wade in Brain circuits
Grey rhinos are events that are around us, but we may not notice. It is important for leaders to see them before they become crises....
10 January 2023 in Brain circuits
It often takes a lot of effort to do seemingly small things. These exercises can help leaders develop courage in themselves and their teams....
You have 4 of 5 articles left to read.