Innovation. It’s not new, but rather fundamental to our very existence.
But is it in our corporate DNA?
It's certainly a hot topic in Atlantic Canada, so I found this article featuring a chat with Gary Pisano interesting. (https://knowledge.wharton.upenn.edu/article/how-big-companies-can-innovate-like-small-startups/)
He talks about having explicit strategies in place along with appropriate resource allocation, creating internal systems for the type of innovation you want, and having the right levels of tolerance for failure, incompetence and candidness that are necessary to harness the power of and develop the capacity for innovation.
Because if you think about it, failure and incompetence can often run counter to what may be an outdated definition of accountability.
I particularly like his thoughts on widening your circle to include new people, who will bring new ideas...in the right environment (open/candid) rather than replicating what's been done in the past or speaking with the same people or customers and expecting different results.
moonshots foodforthought atlcdnbiz
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Business Truth & Reconciliation
The Atlantic Chamber of Commerce is taking proactive steps to promote reconciliation and respect for Indigenous rights within the corporate sector. In response to the Truth and Reconciliation Commission's Call to Action 92, the Chamber urges its members to embrace the United Nations Declaration on the Rights of Indigenous Peoples as a guiding framework. This entails a commitment to meaningful consultation, fostering respectful relationships, and obtaining the free, prior, and informed consent of Indigenous peoples before embarking on economic projects. Moreover, the Chamber advocates for equitable access to employment, training, and educational opportunities for Indigenous communities, ensuring they reap sustainable benefits from economic development initiatives.
Recognizing the importance of education, the Chamber encourages businesses to provide comprehensive training for management and staff on the history of Indigenous peoples, including the legacy of residential schools, Indigenous rights, and Aboriginal-Crown relations. Emphasizing intercultural competency, conflict resolution, and anti-racism, these efforts aim to foster a more inclusive and harmonious corporate environment rooted in mutual understanding and respect.
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