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Cultural Aspects of Innovation

The Economist annual Innovation Award (1of 8) goes to Reckitt Benckiser. Explore some of the reasons why!

December 27th, 2009

Reckitt Benckiser (RB) was awarded The Economist’s very prestigious annual Innovation Award on October 29th, 2009, for its “innovative and entrepreneurial corporate culture”. W&P sets out to parse RB’s culture and we get about 50% done based on the information which we can access. Perhaps others can help? You can download a copy - from […]

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GE - the decision to off load its media assets

December 2nd, 2009

It should come as no surprise that GE is off loading its media assets. Why? One major reason is that the culture of GE is dramatically different from the media business and, over the long term, just does not fit. GE thinks long term, its initiatives are based on an understanding of R&D spending, and the company […]

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Nucor Corporation

October 16th, 2009

A new Profile explores the culture for innovation which, once set in motion by Ken Iverson in the 1960s, contributed to Nucor becoming the largest steel company in the United States and all this without an R&D department per se. The Founder’s legacy carries on!

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A Profile of GE’s Culture for Innovation is now available.

September 16th, 2009

Following the lead of many CEO’s these days Jeff Immelt has, in his latest book - The New GE Way, let us in on a lot of previously closely held information about GE. By carefully examining this book, as well as other recent and older publications about GE, we have been able to construct a […]

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Compare your corporation’s culture for innovation with 3M.

February 9th, 2009

By taking the time to complete the Check-Up (part of this web site) you can now compare your company’s culture for innovation with one of the most innovative companies in the world; 3M. Based on the Profile of 3M, which outlines for each of 25 Factors, the culture for innovation in 3M, you can now […]

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Culture profile for P&G now available as a download.

November 3rd, 2008

Viewers may be interested in this most recent profile as it provides insight into many new management practices at P&G which have been implemented to improve corporate performance through focussing on innovation. 
P&G might once have been characterized as being rather closed mouthed about how it has managed to be so successful. No more, thanks to recently published articles, […]

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Six Essential Elements for a Culture Which Supports Innovation.

April 12th, 2008

There are 6 absolutely essential elements which need to be in place for a corporation to begin to think that it has a culture which supports innovation; 1. leadership at the top and from the Board, 2. spending on research and development, 3. rewards and incentives, 4. tracking the ‘innovation dynamic’, 5. tolerance to being different, […]

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Introduction

By listing best management practices using a framework of 25 Factors, and by providing profiles of innovative companies along with a host of anecdotal information, we hope to stimulate discussion and share information on cultural aspects of corporate innovation.

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