Innovation was often seen as the task of a lone inventor, but that mindset has changed over the years. Rather than the solitary genius approach to innovation, today’s corporate enterprises rely on interdisciplinary ingredients to create a team. This could encompass a team from multiple departments, such as marketing, supply chain, IT, user experience and more. It builds upon strategy, diversity, even a little friction which just might enhance creativity. The ingredients might change depending on the specific innovation mission in mind, but the approach is one of open communication, collaboration and collective intelligence.
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Lets talk Innovation. Leading, and collaborating on innovative projects has been one of the most rewarding aspects of my professional journey, and this has made me passionate about innovation and continuous improvement. In any business environment where innovation is genuinely valued, it is noteworthy that innovating around a well-functioning system, especially a system that has worked well enough to produce distinctive competence requires caution. Simly put, a reckless pursuit of "innovation" is risky and counterproductive. This is because innovation, even when it is perfectly conceptualized, requires the right timing, top level execution skills, a standby crisis management team, and dare I say, a little bit of luck. I would love to hear thoughts on this.
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TRANSFORMATIONAL LEADER DELIVERING RESULTS, CEO at Mondi SCP, Book Author: Fokussieren statt Sanieren
Innovation doesn't start with an idea. It starts with a problem. Too often, companies get caught up in the glamour of creating something new without first understanding the real issues that need solving. The most groundbreaking solutions come from teams that deeply understand the challenges they're addressing. This is where engaged and performing teams shine. They're not just executing tasks; they're on a mission to solve problems. And when a team is aligned on what problem they're solving, magic happens. Encourage your team to look beyond the immediate task at hand and to understand the 'why' behind their work. This shift in perspective can transform mundane tasks into exciting opportunities to innovate. Remember, innovation isn't just about being first; it's about being impactful. Let's focus on solving the right problems, and lead our teams to create meaningful change.
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Innovation Teams: A Blueprint for Success Innovation is a team effort. Here are the key roles that drive groundbreaking ideas: Challenger: Sparks inspiration and leads the team. Architect: Designs the roadmap for success. Guru: Fosters a culture of experimentation. Optimizer: Turns ideas into action. Creator: Develops innovative solutions. Want to become an innovation leader? Accolade Coaching can help you master these roles and drive strategic innovation.
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What makes a good innovation team? This is an important question to answer if you want to be successful in your innovation efforts. We can split this question into two parts: 1. What makes a good team in general? 2. What makes a team well equipped for innovation work? To answer the first question, we identify three aspects that need to be in place: - Shared purpose: this makes sure the team members have the same ideas on the target future state. - Complementary skills: this makes sure we get diverse perspectives on the current state, e.g. challenge, problem, system. It has been shown that diverse teams are smarter. - Compatible personalities: this increases the chance that the team members can collaborate well. In a second post we will go into the next question 'what makes a team well equipped for innovation work?' In a third post we will map the combined team aspects on the generic innovation stages you would typically have in your portfolio.
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Innovation is the driving force behind progress, propelling us toward a future of endless possibilities. In the corporate world, the adage "be a smart follower" often stifles the creativity that could transform industries. True innovation rarely emerges from mimicking existing products or services. It is the virgin ideas and emerging technologies that hold the key to unlocking new frontiers. Managers must recognize the immense value of innovative thinking. Fostering an environment that encourages employees to challenge the status quo taps into untapped potential. Inspiring innovation requires nurturing, guidance, and trust, providing resources and support to explore uncharted territories. Constructive feedback refines ideas, and embracing occasional missteps leads to groundbreaking solutions. In today's business landscape, thriving organizations dare to innovate, empowering their employees beyond being "smart followers." Managers who embrace innovation unlock transformative power, propelling their companies towards sustainable growth.
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Strategic Leader in FMCG, Retail, Banking & NGOs | Expert in Driving Exponential Growth, Market Expansion & Operational Excellence 🚀 | Catalyst for transformative change | Visionary Leadership & Project Management
How can you ensure team members are aligned and committed to innovation? It's crucial to establish a clear vision and purpose, communicate the importance of innovation, and provide ample opportunities for input if you want to ensure that team members are aligned and committed to innovation. Regular communication, feedback, and robust support for resources are essential to keep the team engaged and motivated towards achieving the goals. Recognizing and rewarding contributions to innovation can reinforce commitment and motivation, instilling a culture of innovation that drives success and growth in the long run. To ensure that team members are aligned and committed to innovation, it is important to establish a clear vision and purpose for the team. This involves communicating the importance of innovation and how it aligns with the overall goals of the organization. Additionally, providing opportunities for team members to contribute their ideas and input can help to foster a sense of ownership and commitment to the innovation process. Regular communication and feedback sessions can also help to keep team members aligned and engaged in the innovation efforts. This can involve providing updates on the progress of innovation initiatives, addressing any concerns or obstacles, and celebrating successes along the way. Furthermore, providing the necessary resources and support for innovation, such as training, tools, and a supportive work environment, can help to demonstrate the organization's commitment to fostering innovation and encourage team members to actively participate in the process. Lastly, recognizing and rewarding team members for their contributions to innovation can help to reinforce their commitment and motivation to continue driving innovation within the team.https://https://lnkd.in/dVnPVytW
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Innovation starts from your mindset. I was observing a candidate a few days ago and the way they explained their career journey and what brought them from their studies to where they are today. Beyond their words, I could sense a fear of judgement or misunderstanding of their lateral moves. They kept justifying every single detail about their experience and I just knew that throughout their journey they were told, either by words or circumstances, to fit into a box. Of course, they ticked all the boxes in such a way that one could say it was predictable. How can companies innovate if you can almost certainly predict what a person is going to bring into your team? Wouldn’t it be nice to see beyond the experiences and gauge a person ability to keep up with changes and adapt?
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Creating a culture of innovation involves fostering an environment where creativity is encouraged and failure is seen as a learning opportunity. Here are some strategies to cultivate such a culture: Encourage Experimentation: Create a safe space for employees to experiment with new ideas without fearing failure. Please encourage them to take risks and explore uncharted territories. Recognize and Reward Innovation: Recognize and celebrate innovative ideas and solutions, regardless of their outcome. Acknowledge the effort and creativity behind the innovation, as recognition often motivates innovators more than monetary rewards. Provide Resources and Support: Ensure your team has access to the necessary resources, information, and support to bring their innovative ideas to life. This includes providing time, budget, and tools for experimentation and development. Foster Collaborative Culture: Encourage collaboration and knowledge sharing among team members. Diverse perspectives can lead to more innovative solutions. Promote a Growth Mindset: Encourage a mindset where challenges are seen as opportunities for growth and learning. This mindset helps overcome the fear of making mistakes, which is crucial for innovation. Lead by Example: As a leader, demonstrate your commitment to innovation. Share your ideas, take risks, and embrace failures as part of the innovation process. Celebrate Successes as a Team: When an innovative idea leads to success, celebrate it as a team achievement. This not only boosts morale but also encourages others to follow suit and contribute their innovative ideas. By implementing these strategies, you can create a culture that nurtures innovation and encourages employees to think creatively and push boundaries. shasha
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Global Executive / Digital Technologies and Transformation Specialist / Investor / Head Digital Transformation & Canada Lead Retail Finance
Innovation often seems like the holy grail we’re all chasing, but fear can hold many of us back. A lot of people stick to the familiar paths out of concern for failure. It’s entirely natural to want to avoid mistakes, but embracing failure as part of the learning process can lead to incredible breakthroughs. 🚀 The typical benefits of pushing through this fear include greater creativity, enhanced problem-solving skills, and the opportunity to create something genuinely impactful. People who challenge themselves to innovate often find a sense of purpose and excitement in their work. On the flip side, this mindset isn’t without pitfalls. The pressure to innovate can lead to quick decisions with little thought behind them, risking half-baked ideas and discouraging your team when the results don't match expectations. An alternative approach might be to cultivate a mindset focused on steady improvement rather than bold innovation. This could involve looking at small changes that enhance existing processes or solutions. The benefits here include less risk and more manageable adjustments that everyone can get on board with. It’s a great way to build confidence over time. However, the challenge with small, incremental improvements is that they can sometimes feel slow and less inspiring compared to the allure of groundbreaking innovation. Finding a middle ground here can be powerful: create a culture that encourages both innovation and small improvements. Foster an environment where team members feel comfortable sharing wild ideas but also value the importance of honing what’s already in play. To apply this approach, hold regular brainstorming sessions that encourage free-thinking but also dedicate time for reflective discussion on current processes. Set aside time for experimentational trials of new ideas while also committing to evaluate and improve existing practices. With this blend, you can harness the strengths of both approaches effectively. 🌟
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