Whether it’s creating new products or finding new ways to grab customers’ attention, creativity is the backbone of innovation, and in the workplace, it is more important than ever to stay competitive. Companies struggling to push for innovation should not underestimate the creativity of their workforce. We share 3 ways to encourage employees to share their brilliance and feel confident they will be heard.
Innovation leadership is not just an innate talent, but it can be selected at the hiring level and developed within an appropriate company culture, according to innovation management expert Jean-Philippe Deschamps in his latest book ‘Innovation Leaders: How Senior Executives Stimulate, Steer and Sustain Innovation’.
As we step into the New Year, innovation leaders are likely to be looking back at 2018 and assessing what they can improve to ensure their success in the coming year. To lend a helping hand, we have selected 4 books whose message should be your business resolutions for 2019.
Data has consistently shown that innovation leads to long-term business growth, quicker penetration of new markets and that all-important edge to compete in a digital economy. However, a recent study has revealed that board members globally do not rank innovation as a priority in their strategic challenges.
From Samsung and Hewlett Packard to Lego and even NASA, larger companies are taking a leaf out of small firms’ books by embracing the power of human-driven innovation. Rather than traditional R&D, they have started to recognise the potential of more inclusive operating models.
The entrepreneurs at Silicon Valley have long recognised that the process of failing quickly to learn quickly is a stepping stone to success, thus creating a culture of “failing forward”. In the fast-paced startup world, failure is a critical part of workplace culture, in the belief that failing fast means innovating faster.
One of the biggest challenges facing businesses looking to compete in a digital environment is lack of experimentation, according to the latest study by MIT SMR and Deloitte. The 2018 Digital Business report found that digitally maturing organisations are more likely to experiment and iterate, something that more established companies struggle with.
The Chief Innovation Officer of IBM Services, North America, Hemang Dave sheds light on how the company has been driving sustained innovation for over a century.
As businesses continue to grow, new technologies and solutions come to the fore, and business innovation proves to be more important than ever, companies are stepping up their hiring rates to fill the growing skills gap. Yet the answer could be in your existing workforce.
Three Chief Innovation Officers tell us what makes this recent role so important to the success of every business and why companies should be hiring people just like them.