Article of the Week
Top 3 Reasons We Do Not Implement Rolling Forecasts (Alight Planning Blog)
Big idea: If so many CFOs are saying rolling forecasts are so important, why do most organizations still only update forecasts to year-end? This article presents three fundamental barriers preventing organizations from adopting rolling forecasts.
Editor’s Choice Articles
Want a Team to be Creative? Make it Diverse (HBR Blog)
Big Idea: Diversity is the crucial element for group creativity. Innovation teams tasked with creating new products or technologies or iterating existing ones need tension to produce breakthroughs, and tension comes from diverse points of view. This is the opposite of groupthink, the creativity-killing phenomenon of too much agreement and too similar perspectives that often paralyzes otherwise great teams.
Experiment All the Time (Innovation Excellence)
Big Idea: Business model innovation requires a lot more experimentation than we are comfortable with today. Tweaking existing business models won’t work. Technology as a sustaining innovation may improve the efficiency of current business models but will not result in the transformation that we all want and need. We need to learn how to leverage technology for disruptive innovation and to experiment with new business models.
The Biggest Obstacle to Innovation? You. (HBR Blog)
Big Idea: Prediction reasoning, a way of thinking based on the assumption that the future is going to be pretty much like the past, works well when in situations where we have tons of data and/or significant amounts of experience. Unfortunately, leading innovation requires dealing with the unknown where the world is anything but predictable. To nurture innovation, the authors suggest thinking like serial entrepreneurs who by their nature are action oriented.
Why You Need a Mobile E-Commerce Strategy Now (CMS Wire)
Big Idea: If you are focused on e-Commerce, customer support or involved with any website, you need to think about the implications mobile has on your offerings. If you’ve avoided jumping on this bandwagon, there are some trends that might convince you it is time.