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Corporate Innovation: How to Fund and Execute the Next Big Thing

This is the sequel to last month’s piece on corporate innovation: “Corporate Innovation: How to Find the Next Big Thing,” which explores how corporations can systematically identify innovative new ideas to drive organic growth. Here we’ll walk through funding and executing your innovation ideas. Funding the Next Big Thing How do you make sure the next big thing gets enough resources... CONTINUE READING

Corporate Innovation: How to Find the Next Big Thing

I’ve had the pleasure of discussing and in some cases collaborating on the innovation programs at a number of corporations. Clearly, on the whole, changing an established corporation into an innovation powerhouse isn’t what any reasonable person would call easy. If it was, we’d see more of it. That said, certain things are easy. If you’re like most managers, you want to get going on... CONTINUE READING

The Power of One: East Meets West in Strategy

By Ming-Jer Chen

For nearly 30 years, my research has asked the question What is competition? My aim has been to expand — for business scholars and practitioners alike — our understanding of the fundamental nature of strategy and competition. Competition is defined by the relationship between its constituent parts: action and response. The two are as interdependent as day and night; they exist within the... CONTINUE READING

Corporate Accountability: How a Company Proves Its Character

In the News CEOs taking high-profile stands on a variety of social issues have commanded headlines, from taking positions on sexual harassment, race relations and gender identity to the important role immigrants and refugees play in the workforce. But the rising tide of newsworthy business activism on social concerns is not confined to CEOs: Facebook employees, not CEO Mark Zuckerberg,... CONTINUE READING

A Match Made Online: Crowdfunding and Philanthropy

By Lalin Anik and Laura Steenburgh ,

Online platforms have increased both reach and competition in the nonprofit sector in the past 10 years. The value of recurring donors is large, and organizations are eager to increase the lifetime value of those who contribute. GlobalGiving is a nonprofit providing a global crowdfunding platform through which donors can give to grassroots charities — it allows their 2,800+ nonprofit... CONTINUE READING

3 Keys to Project Management: Lessons From the 21st Century Battlefield

Most any professional can attest to the fact that bringing a project to fruition can be a battle. Managing it well, a victory. Project management is a vital competency across industries; as the Project Management Institute defines project as “a temporary endeavor undertaken to create a unique product, service or result,” that covers a fairly wide swath of organizations. For any business... CONTINUE READING