To win by making Innovation, R & D, and Corporate Venture Investing more rewarding to meaningfully expand opportunities, create new value, and improve outcomes, leading organizations are good at –
- Their people being very good at listening as well as identifying and making good on new opportunities.
- Investing heavily in AI tools and developing AI competencies in their people.
- Providing perks and rewards including – $ and other recognition for achievements and meaningful contributions to strategic or new initiatives, flexible working arrangements, allowance for the pursuit of other interests, time and support for personnel and professional development, etc.
- Recognizing –
- Change starts with decision makers asking their people and Customers what they need – and adjusting accordingly
…. not only a memo from the CEO - A “ People First Culture “ begins with collaboration and designing policies, benefits and outcomes “ in conjunction with team members …. not just for them
- Leaders need to be approachable and easy to talk to
- For leaders to be the best, you need to lead for all. And to do that, you need to be good at listening and follow through
- Listening is only meaningful if it leads to action – that improve outcomes
- Results matter – especially the creation of significant new value
- To create significant new value requires the mindset to Innovate for Impact with portfolio thinking, good look ahead and openness, plus being curious, good at exploring, critical thinking, and being humble
- Asking good questions is important to demonstrate curiosity and intelligence
- With the changing nature risk, focus on what will have value and what is needed to get there. And with AI, realize maintaining the status quo is frequently riskier than change – even if the project doesn’t pan out (because of the “ Lessons Learned “)
- With new notions of value and rising expectations, new thinking is typically required
- Being flexible on how results are achieved – as long as the people or the team is performing, learning, and growing – whether in the office, remotely, or in a hybrid work environment
- To meaningfully improve outcomes and empower people, pair humans with AI agents
- Being sophisticated with technology and having digital fluency is essential for success
- Technology is an amplifier of human talent. ….. not a replacement for it
- Use AI Agents as coaches and sounding boards for new plans, strategies, etc.
- People need to be encouraged and benefit from using AI tools
- Be accomplished at managing change
…. by raising expectations and motivating people to update their perspective and change their behavior (with much, if any, effort) - Be good at written and verbal communication as well as at articulating a compelling value proposition
…. so people focus on the benefits of trying or doing the new - Apply metrics that matter – usually a combination of traditional and new KPIs to drive the desired outcomes
- Creating opportunities to collaborate between organization personnel, departments, partners, etc. with AI tools – to fast track determining what’s possible and the bigger opportunities
CAIL Innovation Insights info@cail.com www.cail.com 905-940-9000