From tradition to innovation
Today’s leadership imperative is clear: uncover new market opportunities, define new business models and drive revenue growth sustainably – or risk obsolescence.
Some forward-thinking organisations recognise that executive development itself needs reinvention. These organisations are quickly moving away from traditional executive education into the realm of business innovation.
For instance, NBCUniversal is explicitly linking professional development to strategic business growth. Widely known for its successful TV networks, movies and theme parks, the company is facing change in the media and entertainment landscape thanks to Netflix, YouTube, Amazon and the like.
Disruption is everywhere, so NBCUniversal is investing in its people. Led by Rebecca Romano, vice-president of talent development, and a small team of learning professionals, they have created NBCUniversal’s Talent Lab, which represents a new mind-set regarding the interplay between talent and innovation.
The Talent Lab isn’t the typical corporate university – it includes programmes specifically designed for all levels of the organisation, as well as key phases of employee and professional development.
To promote new mind-sets and behaviours to grow the top line, the lab provides programmes specifically geared towards senior leaders whose role it is to shape business strategy and culture. Individuals are recognised by their management and invited to participate based on their current and anticipated strategic roles.
Those who infuse innovation into the DNA of their models, approaches and the experiences they deliver to emerging leaders will effectively shape the future of their companies and industries.