Knowledge@ASB: Banish the Buzzword

Innovation is in the strategy – or on the wish list – of almost every leading organisation. It seems everyone wants to innovate but few understand how to do it. For big business, it means demolishing silos to ensure the people with great ideas bump into each other – and accepting that not all the smart people work for your company. Some global organisations have overcome the threats to innovation posed by organisational structure and corporate culture and turned them into opportunities. Here’s how.