Characteristics of A Great Employee Recognition Program

Organisational culture is turning out to be the last competitive advantage for businesses. One of the most important aspects of great organisational culture is engaged employees. Many studies have indicated the state of employee engagement and it doesn’t look good. One of the ways that organisations can increase employee engagement is by ensuring that they are engaged with their employees and recognise & celebrate good work. It is important to have a program for employee recognition that works. Some key characteristics of such a program are as follows: Catch them Doing something right: One of the habits that Sir Ken […]

What stops Us from Creating Breakthrough Innovations

Have you ever been part of an innovation project that started off with big ambitions and dreams about coming up with disruptive innovations which are expected to be game changing and end with a me-too or a watered down incremental innovation to an existing product category? I have been part of a few such projects which start with much fanfare and later on become run-of-the-mill projects with no breakthrough’s to show for. I was always interested to understand why is this so? Why do well-intentioned people, who have all the motivation and incentives to create breakthrough innovations, end up watering […]

Strategies for Employee Engagement in a Gig Economy

EY recently announced the results of a Contingent Workforce Study that unearths key insights into the nature of the freelance or contingent workforce (the “gig economy”). Some of the key insights from the study regarding the future state of the Gig economy that they quote are as below: By 2020, 25% of organizations expect to use 30% or more contingent workers and the proportion using less than 10% will fall from 35% in 2016 to 22% in 2020. The gig economy is going to continue to grow, by 2020 almost one in five workers will be contingent workers. Two in […]

Book Recommendation: Look by James Gilmore

One of the most important aspect of innovation is the ability to observe our customers or prospects in action in their own world. There is a lot of information about various stages of innovation but I always felt that someone needs to explore the process of observation in much more detail than has been done so far. So, when I came across the book – Look by James Gilmore, I was excited to read on. I must say that the James has not only done a fabulous job of going deep in the process of observation but has also used […]