3 Practices That Will Help Drive Innovation in Your Organization
How do you make “innovation” more than a buzzword? If you’re like most executives, managers, and HR professionals, you’ve been talking about how to instill a culture of innovative thinking in your organization — but unsure of how to approach the challenge. A recent CCL survey of 500 senior leaders found that innovation is a key driver of success for 94% of organizations, and 77% of them tried to promote innovation is some way. Even so, just 14% said they were confident about their organization’s ability to drive innovation effectively. We expect this gap exists because too many companies invest in structures, programs, and efforts to fuel innovative thinking without also investing in innovation leadership. We suggest focusing on the leadership capabilities that drive innovation. Here are 3 practices: Define a Key Innovation Challenge It’s typically hard to justify innovation efforts when there isn’t a discernible purpose. Innovation works best when it addresses a cha