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How to Foster a Culture of Innovation and Creativity in Your Team

Lead from Within

Innovation and creativity are important drivers of success for any business or organization. Here are some steps you can take to foster a culture of innovation and creativity within your team: Encourage open-mindedness and divergent thinking: Encourage your team to think outside the box and consider multiple perspectives.

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Rethinking project risk: finding opportunity in the unknown

Chartered Management Institute

Article: Rethinking project risk: finding opportunity in the unknown Written by Prebagaran Jayaraman Monday 26 February 2024 Share Share to Twitter Share to Facebook Share to LinkedIn Share via email It’s common to think of ‘risk’ as negative, but did you know that it can also be positive? Reduced competitive edge. Underused resources.

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Are SMEs The Overlooked Engines Of Innovation?

The Horizons Tracker

For instance, a study from KU Leuven University and the European Central Bank found that large companies do understandably innovate more often and more successfully than SMEs. In relative terms, this may be a small number, but when set against the 20 million or so SMEs operating across Europe, it’s a vast number of innovative firms.

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Why “Agree to Disagree” Stinks and What to Say Instead for Better Work Relationships

Let's Grow Leaders

Missed Opportunities for Innovation: Collaborative disagreement is a source of creativity and innovation. Here are some phrases you can use to “see” the other person and enhance connection: “I care about [you/this team/this project], and I’m confident we can find a solution that works for all of us.”

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The Importance of Positive Workplace Culture

HR Digest

In today’s competitive business world, it is essential for companies to create a positive work culture that reflects their mission, values, and beliefs. In this article, we will dive deep into the importance of positive workplace culture and how companies can create one. What is Positive Workplace Culture?

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Common Ownership Can Improve Innovation Efficiency

The Horizons Tracker

It’s a narrative that paints a picture of investors backing perhaps a single startup in an industry, but research from Wharton highlights how VCs increasingly hedge their bets across a number of startups, and what’s more, this practice actually improves the efficiency of innovation in that sector. Supporting innovation.

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How Can Innovation Be Better Disseminated?

The Horizons Tracker

In a recent article, I highlighted some of the challenges involved in translating investment in technology and innovation into productivity improvements across the economy. This is emphasized by the fact that only 12% of respondents reported to having achieved an outstanding result using innovative dissemination channels.”