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Hong Sun, Management Consultant, Canada
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🔥 NEW Innovative cultures are greatly valued because they are not only good for a company's bottom line, but also largely depicted as fun and characterized by easy-to-like behaviors such as tolerance for failure, willingness to experiment, etc. According to a very interesting article by Pisano, as desirable as it is, a sustainable innovative culture is nonetheless hard to create, because the fun behaviors are only one side of the picture, the tougher and less fun side must also be well understood and appropriately managed to make things work. Luckily that is what we like to do at 12manage 😃
1. Tolerance for Failure but No Tolerance for Incompetence
An innovative culture naturally entails tolerance for failure, but it must not be accompanied by tolerance for incompetence, since it requires extremely competent people to make tolerance for failure work. In innovative companies, failures as a result of exploring risky ideas to draw valuable lessons are welcome, but failures due to me (...) Read more? Sign up for free
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Rick Mueller, Professor, United States
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Might a Culture Have All of These and Still Fail to Produce Innovation?
Hi Hong and thanks for the report.
Given that n (...)
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Jaap de Jonge, Editor, Netherlands
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Moving Towards a More Innovative Culture
Thanks for the interesting article. Indeed there i (...)
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John Henry, Project Manager, United States
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Innovative Culture....
To bring innovation to a culture, there are many t (...)
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Ayampillai Dharmakulasingham, Student (MBA), Sri Lanka
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Innovative Culture
Indeed the culture for promoting innovation is a t (...)
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Abdourahmane DIOP, Management Consultant, Senegal
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No Negative Failure in an Innovative Culture
@: Speaking about firm strategies, I hardly unders (...)
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Warren Miller, CPA, CFA, United States
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Moving Towards a More Innovative Culture
@: Thank you, Jaap. Your comments are spot-on. Let (...)
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Sathya Devarakonda, Project Manager, India
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Moving Towards a More Innovative Culture
As @ has rightly pointed out, a culture of Innovat (...)
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