Corporate innovation is no longer optional; in order to keep up in today’s dynamic business environment, companies need to think outside the box and execute faster.
Is your management strategy up to the challenge?
Innovation can get bogged down when companies fail to embrace a culture of innovation or lack the wherewithal to train their leaders the skills necessary to innovate.
According to a Center for Creative Leadership study conducted in 2014, an overwhelming 94% of participants agreed that innovation is a key element in success, and 77% noted that their organizations have tried to improve innovation. However, only 14% of respondents were confident in their company’s ability to effectively employ innovation. Those aren’t great odds. What could that other 86% be doing differently in order to break the mold?
Take a beat to reflect on developing your leadership team. What can you do to train middle managers so that they may effectively lead your team to go forth confidently into the realm of innovation? You must understand their motivations and fears.
The WorkFlow podcast is hosted by Steve Glaveski with a mission to help you unlock your potential to do more great work in far less time, whether you're working as part of a team or flying solo, and to set you up for a richer life.
To help you avoid stepping into these all too common pitfalls, we’ve reflected on our five years as an organization working on corporate innovation programs across the globe, and have prepared 100 DOs and DON’Ts.