Encouraging innovation is vital today, and the process can take many forms.
Innovation from employees can lead companies down productive new paths.
Innovation is the lifeblood of modern business. Every company wants it – firms that innovate can take drastic leaps ahead of less-ambitious competitors. But where does this elusive source of power come from? If the pursuit of innovation was too obvious, all businesses would be equally skilled at it, and, obviously, this isn’t so. That just means it’s time for leaders to dig deeper and find the skills that lead to innovation excellence.
As with any kind of corporate progress, there are ways to incubate and support innovation at all levels. Leaders can create a corporate culture that encourages bold thinking and set up structures that reward risk-taking rather than the status quo. Then they can encourage new ways of thinking among their teams. There are various ways to go about this and numerous reasons to do so.
Tags: Creativity and Innovation • Office Culture • Professional Development