With this instinctive nature built into many leaders, below are the tools to ensure your business is ready for the unexpected when it comes to innovation.It starts at the top Innovation starts at the top. The successful managers in a rapidly changing technological environment are actually also innovation masters. They use technology to connect the organidation in ways that businesses have not been connected before. An innovative leader will use an innovative business model, fighting against the traditional idea of every division working on its own. Instead, he or she will encourage open collaboration, communication, and the free exchange of ideas. Such leaders encourage their workers not to just do their jobs, but to look at themselves as entrepreneurs. Many are surprised by what happens when an employee is given the freedom to look beyond his or her job description. 3M and Google are examples of two companies where employees are encouraged to spend part of their time pursuing ideas outside their work description, clearly fostering an innovative environment. This culture of communication often results in ideas falling into the laps of those who would never otherwise have heard them. This free exchange of ideas can only occur if a strong leader and their company culture fosters the idea of open communication and collaboration where everyone is treated as an equal. In companies where this doesn’t exist, far too often the hierarchy of the business kills innovation.
Read more on innovation:
- Creativity is not just for big companies – SMEs must innovate like global enterprises
- Small London firms out to boost R&D agenda – but lack innovation and STEM skills
- Four tips for businesses to be more disruptive
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