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One of the keys to any successful business, regardless of its size, is innovation. Developing new ideas is the fuel which will keep your business up to date. Innovation will keep operations, products, and services fresh. Adding this fuel will make your business more competitive.

 

According to a study from PwC, an overwhelming 93 percent of business executives believe that “organic growth through innovation will drive the greater proportion of their revenue growth.”

 

But, what exactly is innovation? The answer to this question can and will vary depending on your industry or market.

Via The Learning Factor

Yet almost everything Google does, it does in teams.

 

The group started thinking, "How could HR be different if we reoriented at least some of our services toward the level of the team?" said Brian Welle, Google's director of people analytics, addressing an audience last week at Wharton's People Analytics Conference in Philadelphia. The goal it came up with was characteristically big, hairy and audacious.

 

The group imagined a future in which People Operations could advise leaders starting projects on exactly what kind of teams they should assemble: both the number and type of people. The advice might go: "You are going to want one extrovert to keep the team excited and motivated," said Welle. "You want two conscientious people to make sure details are attended to. You want three women and two men so you have that diversity represented. You want to be co-located in the first six months, and then you want them distributed in the next six months."

Via The Learning Factor