Creating and Sustaining a Culture Of Innovation

Creating and Sustaining a Culture Of Innovation

Creating and sustaining a culture of innovation is crucial for any organization seeking breakthrough results and staying power. To achieve this, there are three ways to reinforce the foundation of your organization's culture of innovation. First, build innovation communities by involving and empowering all stakeholders to have a voice, recognizing and rewarding participation, and diversifying focus areas. Second, scale and commercialize ideas through focus areas, targeted challenges, and two distinct workflows: a simple, straightforward workflow for continuous improvement initiatives and core innovations, and an agile workflow for disruptive innovations. Finally, leverage emerging technologies by identifying strategic business sponsors, finding business problems to support, and applying the right business lenses to drive outcomes.