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Despite billions of dollars of investment, surveys show that more than 90% of companies are dissatisfied with their innovation performance. Why so little impact despite all the spending? One big underlying obstacle is organizational inertia: the day-to-day routines and rituals inside organizations–from meeting etiquette to how employees spend their time– that can stifle original thinking.
The good news is that it’s possible to hack business-as-usual habits – through interventions called BEANs. BEANs are behavior enablers, artifacts, and nudges. Like most hacks, these interventions aren’t expensive, but they do take time and energy.
Read the article ‘Breaking Down the Barriers to Innovation’
In this on-demand webinar, Scott Anthony and Paul Cobban, the coauthors of the new Harvard Business Review article, “Breaking Down the Barriers to Innovation,” explore how companies can methodically dismantle innovation blockers and close the gap between innovation goals and reality. They share:
- What BEANs are and why they work
- How DBS, Southeast Asia’s biggest bank, used BEANs to unleash innovation and dramatically improve employee engagement
- How to develop and implement BEANs and ensure they take root in your organization
Scott Anthony is a senior partner at Innosight, and Paul Cobban is chief data and transformation officer at DBS.
Watch the webinar on-demand
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Source: Innosight
Webinar: Breaking Down the Barriers to Innovation