How To Increase Innovation In The Workplace - Deepstash
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Lack of innovation in larger corporations

  • As companies start to grow, they often experience a downturn in innovation as management layers increase. 
  • Many larger corporations are now attempting to harvest the success of startups by creating small internal companies.
  • A study reveals the main obstacles to improved business responsiveness are slow decision-making, conflicting departmental goals and priorities, risk-averse cultures and silo-based information.

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3 performance management must haves

3 performance management must haves

  1. Risk-taking. Create a culture in which risk-taking is encouraged. Fear of failure is one of the most common inhibitors of innovation. 
  2. Increase learning agility. People with a high learning agility are able to take feedback and adjust strategies accordingly, without becoming discouraged. 
  3. Creating cross-functional teams. Organise teams with different skill sets together on an ad hoc basis to tackle particular projects. It creates a smaller pool of decision-makers and allows the team to benefit from cross-departmental knowledge.

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CURATED BY

aubree_qff

Love yoga in the morning and a godd book in the evening.

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