Barbara Liss

Insights on leadership can come from expected and unexpected sources. We asked 2,000 global CEOs and directors where they go for inspiration, insights and even examples of what not to do. Their answers might surprise you. Read more: https://lnkd.in/e6FPHtYS

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Research, data and facts are imperative to invent transformative ideas. The unmet need is met when data shows gaps. Additionally, the environment in which one innovates can foster more creativity and growth. Each year Edelman, a world class Chicago Public Relations firm conducts their annual Trust Barometer Report. This outstanding body of work is global. Each year the report focuses on diverse topics related to trust; an asset broken in our society. Over 32,000 people responded global across 28 counties. There is proof an innovative idea, well developed can be adopted fast! In the first two months of launching the new AI boom, Chat GPT experienced over 100M people logging in to pilot the tool and fueled the AI boom. (That is 1/3 of the US Population.) Headlines on Innovation from this year’s report: ·       Fear of Innovation Becomes Political ·       Family-owned businesses are more trusted over publicly traded firms, private firms and NGO’s ·       In 2024 countries led the world on trust scores like China, India, Thailand, USE and Nigeria ( high 70’s) where the US fell again below the norm on trust to 46. ·       Over 60 % of people say Establishment Leaders cannot be trusted to Tell Us the Truth: Journalists, Government leaders and business leaders. ·       Near 40 % of all countries surveyed Believe Innovation is Mismanaged Rather Than Well Managed (probably due to the unknown outcomes of innovation and sloppy early stage processes) ·       In Western Democracies, Resistance to Innovation Is Political. Far greater resistance to all aspects of innovation from the right than the left, politically. Over a 20-point gap in respondents who reject innovation, based on their individual average acceptance rating across green energy, AI, gene-based medicine, and GMO foods ·       Demand for enhanced Business-Government Partnership on Innovation Surges, up 15 points from last survey. To overcome global skepticism, innovators need to take more predictive insights/data into consideration to build innovative ideas. This can help mitigate the associated perceived risks for investors and observers. I spend a lot of time with early-stage dreamers and founders. Caution to founders: Mismanaged innovation processes will ignite more backlash in support of innovation. Collaboration with governments, thought leaders can help. Take more time telling your venture story with proof and facts on customer acceptance to gain adoption of your idea and reduce cynicism. Thank you, Edelman for another momentous year of insights! Sign up to get your report. https://lnkd.in/eJ-uG-yi @KatieSpring 1909 FAU Tech Runway DePaul University @ColemanEntreprenuerCenter Polsky Center at the University of Chicago

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Shifting Budget Spend To Keep Business Coming In -What if you followed Kellogg’s example and looked at economic downturns not as a reason for austerity, but as an opportunity to differentiate your business? Here’s why you should put resources into marketing—and how to do it. #DonnaBender