How DIVERSITY makes TEAMS more INNOVATIVE by Rocío Lorenzo


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How to know which ideas your company should pursue

While some companies struggle to come up with a single idea that has great potential for success, others may find it hard to choose just one from a number of promising ideas. The problem, say researchers Dirk Deichmann, Violetta Rodopoulou and Inga Hoever, is that "there is no widely shared notion of what constitutes a good idea." Rather than focusing on the usual criteria of "novelty, feasibility and market potential," they propose selecting an idea based on efficiency. Here, they share ho...
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A post-Brexit future for entrepreneurs: How to navigate an uncertain climate

The U.K. can still maintain its reputation as a prime destination for startup founders—despite continuing uncertainty over its future as a major European hub for innovation. While there's much debate about the outlook for foreign investment, talent acquisition, and the flow of data, the UK should still be seen as "a fantastic ground for innovation and business development," says Ivan Mazour. Here, he shares how entrepreneurs can effectively navigate the current environment to avoid potential stu...
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Stop talking, start innovating

Talk about innovation is everywhere – in board rooms, conferences, employee meetings and university classes. In 2019, it is estimated that billions of dollars will be spent developing innovation competency in corporations, ministries and society. However, to gain real returns, business leaders must stop talking and start being innovative daily in their actions, decisions and management approaches. In Silicon Valley, innovation comes through action. To be innovative, leaders must:   1. Be cu...
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The 4 biggest lessons I learned building a startup in Scandinavia

Sweden has a thriving startup ecosystem, with Stockholm's prolific tech hub producing more billion-dollar companies per capita than any other region in the world after Silicon Valley. "Scandinavian countries are good places to test out ideas and products as we are often early adopters, priding ourselves on our ability to keep our ears to the ground," writes data protection specialist and startup founder, Egil Bergenlind. Here, he shares his experience of building a startup in Sweden and the less...
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Using experiments to launch new products

Innovation can help your business to grow. And when it comes to introducing new products or services, experimentation can help you refine your ideas and decide which one to go ahead with before you commit significant resources to the project. Yet many companies miss valuable opportunities because they don't know how to experiment effectively. If you're looking to test new products experimentally—and understand how introducing them may impact your business—Jeff Fossett, Duncan Gilchrist and ...
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Innovation vital to Africa's DNA, but so is strategic communication

Innovation is key to African stability and economic growth and building the continent's innovation capability requires investment. Yet, while there's no shortage of challenges facing the continent and innovators with viable solutions, African innovation isn't getting the level of global support it needs. "Once the rest of the world sees Africa's potential through a positive lens, investment and support is likely to follow," writes PR and communications expert Mimi Kalinda. Here, she looks at the...
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9 ways your company can encourage innovation

Innovation is what sets your company apart from the competition, stimulates growth and keeps your business moving forward. It's the process of taking fresh ideas and converting them into new products, processes, or strategies. And finding new ways of doing things—whether it's product design or methods of management—requires creative thinking and problem solving. Here, Igor Makarov shares how, with the right management approach and support, you can overcome resistance to change, stimulate cr...
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This startup wants your next T-shirt to be made from wood

  A Finnish startup has developed an innovative new process for using wood pulp to make environmentally friendly fabric. Most people are aware of the devastating environmental damage caused by plastic bags, microbeads and other plastics. Yet many don't realise that synthetic fabrics such as nylon, polyester or acrylic are also a form of plastic and they shed tiny microfibers during washing that end up in our rivers and oceans. As well as addressing the problem of synthetic fabrics, Spinnova...
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Why African corporates need startups in order to innovate

Corporates need to foster greater collaboration with startups to accelerate the pace of innovation in Africa, is the key message from the recent MEST Africa Summit in Cape Town. This Pan-African tech conference brings together top entrepreneurs, investors, executives and ecosystem players from across Africa, Silicon Valley, Europe and Asia to explore the latest innovations in the tech and startup space on the continent. During a panel discussion, business leaders agreed on the importance of corp...
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