Strategy & innovation

6 disruptive forces for boards to tackle

The EY Center for Board Matters and the WomenCorporateDirectors Foundation list six change factors boards should focus on to help them address technological advances, geopolitical developments, and a changing workforce.

The habits of highly innovative companies

Strong innovators are more likely than lesser performing peers to look far afield for innovation opportunities, taking advantage of strategies that include corporate venture capital and strategic acquisitions outside of their core businesses.

How to account for innovation

Financial chiefs are more inclined to spend on research and development despite economic worries abroadโ€”a scenario that highlights the increasingly complex job of the finance chief: balancing innovation and costs.

Getting back up to speed

Years of declining revenue created a challenge for International Speedway Corp.: how to manoeuvre out of the pits and back into the lead. At the centre of the strategy is Dan Houser, CPA, CGMA, who is guiding the company back to growth.

Cultivating innovation

Hal Gregersen, Ph.D., professor of innovation and leadership at INSEAD, explains that every individual has more untapped creative capacity than he or she may realise.

How to lead an innovative team

Ravichandran Venkataraman, ACMA, CGMA, senior vice president and head of the Global Business Services division at Hewlett-Packard, has helped HP innovate by building a diverse team and welcoming ideas from throughout the organisation. He offers five tips on how to foster innovation.

A taste for innovation

Cross-functional, self-governing employee boards help global spice company McCormick & Co. identify business process improvements and other innovations. McCormick executive Ken Kelly, CPA, CGMA, explains how it works โ€” and how employees benefit.
Advertisement
Advertisement
Advertisement