Corporate Culture
The ideas and ways of working that are typical of an organization and that affect how it does business and how its employees behave (Cambridge Business English)
The ideas and ways of working that are typical of an organization and that affect how it does business and how its employees behave (Cambridge Business English)
“Highest Paid Person’s Opinion” — The term makes fun of a serious phenomenon in command-control environments: when final decisions are not made through experimentation at the edges by agile teams, but rather by a person with high power and ‘authority’ who has the least data about the matter at hand.
We follow a very basic formula here: creativity + implementation = innovation. In non-commercial environments, this would be an idea that creates value because it got implemented. In commercial environments, it would be the introduction of something new to the market, or if you will, an invention that is commercialized.
Low-performing (read: not intrinsically motivated) people from the core organization who are sent by their superiors into labs or innovation programs for several months, just ‘to get rid of them’ for a while.
Political ‘innovations’ are predominantly inventions whose market potential for commercialization was validated insufficiently (or not at all) during the customer discovery phase. They therefore gain no market traction, or too little to be considered a commercial success. They are nevertheless internally communicated as such and are kept alive with shadow budgets in order to avoid the people involved ‘losing face’ (often influential persons within the organization’s hierarchy).