Articles/Media Archives - Price Associates

How to Break the 5 Habits That Hurt Ideation

Dr. Evans Baiya, InnovationManagement.se, October 2021

Many companies find it hard to prioritize ideation. Here are five ways to break the pattern and gather a wealth of ideas for your organization.

In today’s rapidly changing world, it’s easy to think that most companies are innovation factories—full of ideas for new products, services, and processes. They need to be, right? Unfortunately, the opposite is true. Most organizations only innovate when they are forced to do so. Many still rely on old knowledge or even guesswork to face challenges that arise. Read More

Brainstorm Sessions Are Great. But What Comes Next is What Really Matters

Dr. Evans Baiya, Fast Company, September 2021

There is nothing quite as energizing as a well-run brainstorming session. When I work with clients on innovation projects, the Ideation stage is one of my favorites. There is a distinct energy and creativity generated when a group of people have come together to work toward solving a common problem. When ideas start flowing without constraint, great things are possible. Read More

How To Make Connections Count In A Hyper-Connected World

Dr. Francis Eberle, Hr.com, August 2021

The bevy of digital connection options that got many of us through isolation during the pandemic has caused a distinct shift in the way we work. These enhanced connection methods created an increase in the trend of constant connection. As a leader, you may feel required to be plugged into an email, internal communication systems, social media platforms, your telephone, and professional networks. You might feel like there is no off button.

In your typical day, how much time do you give to connection platforms? Now compare that with the time you interact with employees and colleagues in person, on the telephone, and over video in a meaningful way. Connecting is good, right? But not all connection methods are equal.Read More

Create a Team of Master Problem Solvers

Dr. Evans Baiya, InnovationManagement.se, July 2021

Problem-solving is an essential skill as an innovator. If problems stump your employees, how can your organization ever innovate for customers? Luckily, problem-solving skills can be learned, and as a leader you can create a team of master problem solvers and innovators.

Most employees already apply some problem-solving skills every day. They just do so to varying degrees of success based on their experiences and their environment. Some employees are good at identifying problems, some at problem strategizing or resolution and some at delivering solutions. Yet you can’t just tell them to go and solve all of the organization’s problems based on their current problem-solving abilities. Problem-solving skills require a structured approach so that they can be mastered.Read More

Top 5 Traits of Successful Innovators

Dr. Evans Baiya, AllBusiness.com, July 2021

Steve Jobs once said, “Innovation distinguishes between a leader and a follower.” He was certainly referring to leading in terms of industry: if your company is innovating, it will generally lead the pack. But I think he was also referencing positional titles in the workplace. If you are a leader, you are expected to innovate. And if you are an innovator, you have the potential to be a leader.

But whether you have a leadership title or not, innovation begins with a position—a mental position. From this starting point, continual innovation is sustained by a set of mindsets: convictions of change, growth, and value.Read More

The New Pandemic

Ron Price, HR.com, May 2021

Eight out of 10 American adults have it—you’ve probably caught it. It’s costing you in more ways than you know. In fact, it is estimated to be costing employers an average of $13,400 per employee per year. What is it? Covid-19 Stress!

The American Psychological Association reports that the mental health consequences of the Covid-19 pandemic have created record-high levels of stress in almost 80% of all adults. At work, this is creating hidden costs through increased turnover, absenteeism, disengagement, unhappiness, loss of innovation, decreased resilience and inability to focus. And all of this adds up to lost productivity and profit. According to the American Institute of Stress, more than 275 million working days per year are lost because of stress.Read More

How Leaders Can Guide Company Culture

Dr. Francis Eberle, HR.com, March 2021

Imagine a high school where students, and all boys at that, are asked to exhibit leadership in setting student behavior norms, conducting student discipline and maintaining the school’s facilities. At the small all-boys high school I attended, this was exactly what happened. The seniors set the school behavior standards and punishments for all students, managed and maintained the grounds, supported the kitchen and dining room, and facilitated cleaning of the living areas and rooms. It was a unique school.

I learned then, and have seen even more since, that there are good and bad leaders. More importantly, both leadership types have an enormous influence on the culture and interactions of the organizations they lead. At my high school, fierce disciplinarians were mocked behind their backs and avoided as much as possible.Read More

The Impact Of Women In Leadership

Lori McNeill, HR.com, March 2021

In recent years, there has been an emphasis on the professional development of females and the need to provide them with opportunities for leadership positions. Numerous conferences have popped up around the globe for female executives. Companies large and small have implemented programs specifically designed for the development of their female staff.

When it comes to the topic of women in leadership, the answers to basic questions are both obvious and enlightening.Read More

6 Ways to Innovate Your Business Model

Dr. Evans Baiya, InnovationManagement.com, March 2021

The pandemic has given us all an opportunity to build a new business future. Market disruption equals opportunity for those willing to look and work for it. This is the time to adjust and innovate your business model to market conditions.

During COVID and the VUCA season it has created, we have seen ample reason for companies to adjust their business models. There are three main catalysts for business model innovation: market contraction or expansion, introducing a new product or service, and/or trying to attract new customers. These three factors have been increasingly present over the past year.Read More

Why Your Employees Are the Key to Recovery

Dr. Evans Baiya, InnovationManagement.com, December 2020

In this article, we will look at how to identify and understand employee contributions, and learn how to work with idea generators, evaluators, and activators.

The key to recovering from a business crisis is creating new value—whether it be new products or services, improving processes to be more efficient and save money, or identifying and eliminating waste. As you are looking for opportunities to do one or all of these things, look to the team of resident innovators you already have at the ready: your employees. Read More

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How to Break the 5 Habits That Hurt Ideation

Brainstorm Sessions Are Great. But What Comes Next is What Really Matters

How To Make Connections Count In A Hyper-Connected World

Create a Team of Master Problem Solvers

Top 5 Traits of Successful Innovators

The New Pandemic

How Leaders Can Guide Company Culture

The Impact Of Women In Leadership

6 Ways to Innovate Your Business Model

Why Your Employees Are the Key to Recovery

OUR THINKING

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