EDHEC
The main challenge for today's business community is to learn to hire, select, stimulate, protect and recognize its ordinary corporate innovators
Family firms should be clear in communicating what their overall philosophy is in respect to other stakeholders
Think about this. The Global Entrepreneurship Monitor Report (2016) indicates that twenty two percent of people across sixty four economies intend to start a business within the next three years. That includes everyone in your organization. Instead of them leaving and setting up independently, this milieu of entrepreneurial talent can be given space to flourish through corporate incubation
Positive affectivity, positive psychological states, and positive moods are believed to stimulate creativity and innovativeness
A corporate culture which rewards stakeholders for virtuous citizenship behavior invests in its own social capital, an intangible feature of group behavior that is believed to lie at the very foundation of successful economies
Today's companies will only survive if they learn to live with disruption
Shortening competitive time horizons leave ever less time for experimentation. Firms need to 'get it right' from outset