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How the SpaceX Blooper Reel Demonstrates Innovative Leadership

Posted by Sunil Bagai on Sep 28, 2017 12:45:51 PM

Back in June, following the tragic collision of a U.S. warship with a merchant vessel near Japan, we discussed the attributes of strong leadership. The Navy’s openness and decisive action in investigating the disaster provided a compelling example. In this hyper-socialized and visible era, leaders aren’t just the guiding voices or visionaries behind an organization, they are the brand. Maintaining trust and establishing a thriving foundation are essential to attracting customers and talent. So when SpaceX CEO Elon Musk publicly released a blooper reel of exploding rockets on September 14, many questioned why he would showcase the company’s failures. Ultimately, in doing so, Musk demonstrated transparency, accountability, and his commitment to innovation. As business leaders, this is an attitude we should also embrace.

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Tags: Innovation, Transparency, business leadership

Business Yoga: Reaching Innovation Goals Means Traveling Multiple Paths

Posted by Sunil Bagai on Jun 22, 2017 11:00:00 AM

Last week, I dedicated my post to the rewards of innovation, because it’s one of the most critical conversations we should be having in the business community. To remain competitive, companies need to keep innovating -- solving problems and delivering value. And that means we must start treating innovation as a business discipline, not just a strategy or buzzword.

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Tags: Innovation, business leadership, exponential organizations

How to Reap Big Rewards from Your Business Innovations, Not High Costs

Posted by Sunil Bagai on Jun 15, 2017 11:00:00 AM

Regardless of industry or the type of enterprises we lead, we’ve found ourselves standing at the threshold of a dynamic business evolution, where innovation is steadily rising as a new form of capital. The advances we’re witnessing in exponential technologies and digital transformations have ushered in an era full of exploration, curiosity and boundless possibilities. The challenge, however, is defining a nebulous concept like “innovation.” What does it really mean? There’s a difference between innovating and merely inventing. Without addressing a real need or solving a problem, an invention falls short of innovation. Even if you have a genuine innovation in your wheelhouse, the burning question inevitably becomes: how do you capitalize on it? This is the dilemma that haunts business leaders who wonder whether they’re developing the right solutions for customers and if those breakthroughs will generate revenue. For anyone who’s stumbled into that quagmire; there are answers. You can reap big rewards from your business innovations when you follow the money.

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Tags: Innovation, Leadership, business developement

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