Innovation

Innovation keeps your business competitive. Stagnant companies cannot last. The Business Innovation category is dedicated to providing insight into how you and your company can sustain innovation.

  • Innovation roundup: Vistage peers weigh in

    Innovation roundup: Vistage peers weigh in

    Like a shark, a business must keep moving forward or it will perish. Innovation means new ideas, new products, new approaches….and hard work! But how to incorporate the innovative approach into the everyday thoughts, actions and execution of  your company?  Your peers at Vistage Worldwide weigh in with their great ideas for building on that

  • How to build a culture of innovation

    How to build a culture of innovation

    Innovation will grow your company faster than anything. However, innovation won’t generate profits unless it’s integral to your company culture. Here are six ways to ensure that your company culture fosters an environment where innovation can thrive. 1. Start at the top. Creating a culture of innovation starts at the top. Leaders need to broadly communicate

  • Three common innovation mistakes

    Three common innovation mistakes

    When was the last time your company came out with something really new? How long has it been since you totally reinvented a critical business process that resulted in significant cost savings or productivity increases?  If you can’t remember (or you can remember but it’s been so long you don’t want to admit it) you

  • Rewarding innovation; Because great ideas don’t imagine themselves

    Rewarding innovation; Because great ideas don’t imagine themselves

    An engineer friend of mine works for a large, highly innovative company. You know the type of company I’m talking about: the kind that introduces new products, offers unique services, and establishes effective processes with remarkable consistency. The kind of company whose employees get told over and over again, “You’re so lucky!” But here’s the

  • Get out of your ivory tower and innovate

    Get out of your ivory tower and innovate

    There is an underlying theme of “If I build it they will come” as it relates to Product Innovation. This mythical idea can be portrayed on the big screen, but has no place in your business. This is called the Ivory Tower syndrome. Fortunately, there is a cure to this syndrome and it starts with

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