Having the right people on your start-up’s team – especially in its early days – can mean the difference between unparalleled success and embarrassing failure.
Did you know that you’re multitasking at least several times a day? That’s right! It’s enough if you cook, listen to music, and check your Facebook at the same time. Fortunately, it’s not fatal.
The most successful businesses and corporations in the world place employee satisfaction on the same pedestal as customer satisfaction. These corporations understand that without a loyal, creative, and cohesive team of satisfied employees, success cannot be attained.
When I say “innovator,” what image comes to mind? A brilliant, but misunderstood figure hunched over a drawing board by the light of a single lamp in the middle of the night – cup of coffee dwindling slowly, pages of crumpled notes on the floor?
Meet John. He worked in a company with a corporate strategy office but no innovation department. When our firm ran an innovation workshop at John’s company, he took to innovation like a duck to water. Unfortunately, the company’s innovation culture didn’t evolve quickly enough for John, which left him feeling stifled. He ended up leaving the company to pursue innovation full-time.
Let’s face it, creativity separates humans from the rest of the animals. Our species has opposable thumbs and with that, it seems, the inborn drive and ability to alter our environment. No wonder the topic of innovation ability provokes such primal emotions. Yet — like speed, intelligence or artistic talent — innovation talent is NOT distributed evenly across humanity. Given this truth, what is the best approach to driving more innovation in your workforce?
What’s Keeping CInO’s Awake at Night: The Latest Corporate Innovation Trends From a Range Of Recent Conferences
Over the past couple of weeks, I have participated in several conferences / events, to better understand key trends in corporate innovation. Each event was excellent, but also very different in scope, audience and approach.
Design thinking is methodology that combines creativity and logic to improve operations, products, and decision-making. Its iterative cycle identifies a need or opportunity and ultimately improves profitability by adding to your knowledge, and boosting productivity.
More and more companies are looking to understand and identify innovation talent. Why? Because if companies understand how to encourage original thought and reward innovation efforts, they’re more likely to stay relevant and at the top of their game. Not to mention that they’re far more likely to attract and retain top talent that is interested in working for a company that is forward-thinking and rewards creative effort.
Innovation is an integral part of many organizations today, and for good reason: it helps companies stay agile, relevant, and evolving. However, innovation is often difficult to achieve—or is even met with resistance.
When leaders foster a culture of innovation, they enable their teams to be creative, flexible problem-solvers who thrive in the face of change. But what is a culture of innovation? And how does a leader begin to foster one? Building a culture of innovation originates with embracing The 3 Cs: critical thinking, curiosity, and customer-centric design.
It is a common belief that encouraging creativity will lead to higher levels of innovation. In actuality, most organizations already have the creative ideas they need. But they are missing or outright rejecting them, and they don’t even realize they’re doing it.
When we talk about innovation, we sometimes forget that not everyone is on board with the new and revolutionary. Some people would rather stick to their same schedule and do the same thing, day after day: a predictable and comforting routine. For champions of innovation, this mindset is difficult to understand. However, you’re likely to meet many people over the course of your career who are simply uncomfortable with innovation, and you will have to learn to work with them. The first step to compromise is understanding, so let’s take a look at some of the reasons people are sometimes uncomfortable with innovation.
In a recent article, The Financial Brand discussed the biggest threats to the financial and banking industry. They included a long list of everything from profitability to making good hiring decisions. However, we thought that there were a few problems that could be particularly fruitful when applied to open innovation systems.
Companies that encourage and reward intrapreneurship have a great advantage when it comes to retaining the best talents - especially important in today’s creative climate. Here are a few ways that your company can turn your employees into highly-engaged intrepreneurs.