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Career Advice

5 can’t-miss keys to fostering innovation in the workplace

July 3, 2024

Career Advice

5 can’t-miss keys to fostering innovation in the workplace

July 3, 2024

Photo by Matt Ridley on Unsplash

What’s the difference between a company that’s doing OK, and one that’s breaking through barriers? Innovation!

In business, it’s critical to adapt to and create change in order to stay ahead of the competition. When you foster a culture of innovation in the workplace, the payoff can be greater business achievement.

It can’t just be the members of your leadership team who are tasked with coming up with ideas to do things better or faster. It requires a commitment and input from all levels of the company.

Cultivating a workforce of innovators may be your business’s best growth strategy ever. Here are five things to keep in mind for fostering employee innovation.

1. Create opportunities for sharing ideas

Does your organization have a culture of innovation? Can your employees come to you with ideas? Or do you regard questions and suggestions as disruptive?

When employees have the opportunity to be innovative and contribute to your company’s mission and goals, it increases their level of engagement. They feel a part of a whole and see how their work moves the business forward. It’s a terrific motivator.

And, who among us doesn’t want highly engaged employees? From attracting and retaining good employees to bottom-line productivity, employee engagement is like the brass ring of human resources.

Your goal is to create an environment where sharing ideas is OK. Be receptive and appreciative of your employees’ interest and input. While every suggestion may not be something the organization takes on, the ideas are worth considering.

Once you tap into the intellectual capital of your employees, you – and they – may be surprised at what you uncover. But you may find there are some who are reluctant to get involved; they’re likely afraid of failure or think their jobs aren’t innovative or creative.

To pave the way for employees who are reluctant, consider having a group brainstorming session. Ground rules should dictate that there are no bad ideas. This is also where you make sure the more timid employees have an opportunity to participate.

Consider having everyone write their ideas on index cards and tape them on the wall. Or for a hybrid and remote team, create a survey that’s always available for individuals to share ideas. Whichever you decide, this makes it so the idea is the focus of attention – not the individual. This will provide the opportunity for all to share ideas, not just the superstars.

But you can’t just stop at the brainstorming. To strike innovation gold, there’s the expectation that something needs to be done differently, faster or better.

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Read full article here

What’s the difference between a company that’s doing OK, and one that’s breaking through barriers? Innovation!
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