A Cultural Fix for Risk Management Failure

by Peter T. Golder and Thorsten Liebert 4/09/09 How to create a culture that combines healthy risk taking with effective risk management.
Making Innovation Happen
by Peter T. Golder and Thorsten Liebert 4/09/09 How to create a culture that combines healthy risk taking with effective risk management.
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One of my least favorite activities of all time is the icebreaker. You know how it goes: Throw together a bunch of people--six, eight, more than two is too many--and force them to tell each other something silly, secret, anything that will publicly humiliate in front of total strangers. Cue nervous laughter and clammy palms. But barely has the Skoll World Forum for Social Entrepreneurship begun and Ideo is already telling us: We have a better way. We're going to use design.
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e economic downturn has hurt just about everyone: individuals, businesses, banks and even governments. But an unreported effect may have the most negative impact. The unnamed victim in this economy is 'innovation.' The U.S. Patent and Trademark Office is laying off people because so little is happening. "A reporter for the Associated Press named Deb Reichmann first spotted the problem. At a time when we are being urged to invent the new future of American business and energy, the U.S. Patent and Trademark Office is laying off people because so little is happening.Venture capitalists, who always underwrite the next big thing, have invested $3 billion in the first quarter of this year. But that's down by nearly 50 percent from six months ago. Just when we need a flood of innovation in America, the money to make it happen has become a trickle." Is the situation any different in Canada? No. Canadian journalist David Crane wrote an editorial on the release of