Do Hierarchies Stifle Innovation?
DECEMBER 12, 2012
For all their efficiencies, hierarchies turn out to be remarkably inefficient when organizations are trying to leverage creative ideas and increase their innovation. Supervisors often reject innovative ideas because the individuals who developed theses ideas understand the novelty and applicability of them better than supervisors. Rite-Solutions developed a system where anyone in the company can propose their idea by listing it as a stock and soliciting investment.