MANAGING in the

NEW WORLD

According to a leading management thinker, business innovation is not being handled the way it must be. Dr. Paddy Miller has taught at leading MBA institutes in Spain, China, South Africa and USA. He feels that innovation experts have been set up at most organizations, but most of them are not really producing any major value apart from nicely collating new ideas on power point presentations. He feels that ideally, innovation must be wedded into the daily routine itself and not something for which the team needs to strive independently. The best ideas will be generated not by seeking funding for new projects, but by going around the existing system. He has coined this new term called stealth-storming to describe the constraints within which any management team can develop its own ideas and starting working around such innovations. He feels that the most ground-breaking innovations have occurred in this manner rather than deploying a standalone team for the purpose of innovation.

Source:http://www.manilatimes.net/leaders-create-space-innovation-can-happen/295167/ 901354933&spReportId=OTAxMzU0OTMzS0

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