3 Keys to Creative Innovation

Many industries are increasingly moving toward a “knowledge economy.” The stock-in-trade is ideas. Creative solutions to problems can be as important—sometimes even more important—than physical goods and services.   How can organizations foster creative innovation? A recent large-scale analysis of employee creativity, including more than 50,000 workers from all around the world, has identified 3 key factors.     1. Intrinsic motivation Motivation tends to come from one of two general places. Extrinsic motivation comes from outside the person. For example, people might be motivated to do something for money, prizes, or even just respect. Intrinsic motivation comes from within. […]

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How Leadership Style Impacts Motivation

How do you motivate employees? We tend address this question in the most general sense. What increases people’s motivation? What decreases motivation? In that case, you might want to think about effective management styles, rewards and incentives, or an employee recognition program.   But it’s not quite that simple. After all, there are different types of motivation. To find out how leaders motivate employees, we first need to know what really motivates leaders.     2 Basic Types of motivation Think about motivation in terms of where it is focused. Promotion motivation: A focus on goals and ambitions, achieving desirable […]

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Moneyball Analytics Built for Business

In Moneyball, the scrappy general manager takes his meager resources (well, meager for a major league baseball team) and uses the power of advanced mathematical modeling (and a Yale economics grad) to recruit smarter and make it to the playoffs against all odds. The analytic modeling used in this movie (and in real-life as the movie is based on a true story) may seem like a sprinkle of magic, but it is really just smart science. This sophisticated approach revolutionized professional sports and is now a staple of all professional sports teams. Cangrade scientists (who went not only to Yale, […]

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Why Diversity Messaging Matters

Diversity can be a very valuable thing. Organizations with more diverse employees tend to be more successful. They hold greater market share. They have more customers, more sales, and higher profits.   Executives realize this. 95% believe that a more diverse workforce will make their company more innovative 84% say that problems with diversity lead to employee turnover 72% are consciously focused on creating a culture of diversity and inclusion   But what impact do different diversity programs actually have? Should we focus on how everyone is equal? Should we acknowledge and celebrate differences? New research shows us how the […]

Why Companies Need to Track Fairness

Employees care about getting what they want. But they care just as much about how decisions are made. People want to feel that they are treated fairly, regardless of the outcome. Psychologists call this “procedural justice.”   Procedural justice increases the effectiveness of managers, promotes engagement and satisfaction, and reduces employee burnout. And this all adds up to greater success for the entire organization.   Of course, having formal rules that promote fairness is important. But that’s just half the story. Research has shown that it’s just as important to keep track of what’s actually going on—especially how employees feel […]

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