In order to achieve competitive advantage, business must continually strive to innovate. Innovation, coupled with improved operational effectiveness and efficiency can exploit and leverage information technology that results in greater business value and potentially market share. In order to overcome the famous “open door, closed minded” policies that wreak havoc on thriving businesses, innovation must be understood, recognized and encouraged.
Yes ‘decision by committee’ is often negatively associated with non-essential, seemingly off-target, purposeless meetings. Agreed (sometimes) – meetings for the sake of meetings is unproductive and a waste of a valuable resource…TIME. But if you think about meetings conceptually, meetings are actually the organizational thread – a venue for intellectual property (a.k.a. knowledge) that becomes a strategic asset for organizations.