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Innovation-friendly Organization
Leaders of
successful, high-growth companies understand that innovation
is what drives growth, and innovation is achieved by awesome
people with a shared relentless growth attitude and shared
passion for problem solving and for turning ideas into
realities. Companies that continuously innovate will create
and re-invent new markets, products, services, and business
models
– which
leads to more growth. Innovation is founded on your
enterprise's ability to recognize market opportunities, your
internal capabilities to respond innovatively, and your
knowledge base. So, the best thing to do to guarantee growth
is to build a sustainable innovation organization around the
following components:
Success depends on
both what you do and how you do it. There are specific
elements that help you and your company to be more
innovative. But it's not a matter of simply following
directions. The 'secret formula' is actually not very
formulaic. It's blend of culture, methodologies,
infrastructure, and work practices.
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