In today’s business environment innovation is about more than new products. It is about improving and reinventing processes and quickly tapping into new markets that meet rapidly changing customer needs. As globalization increases the flow of new ideas, innovation has become about selecting and executing the right ideas and bringing them to market in record time. This requires efficient and flexible Human Capital. Here are the “Big Ten Innovation Killers”, as written by Joyce Wycoff, that your company will want to avoid when managing its labor pool.
- Not creating a culture that supports innovation
- Not getting buy-in and ownership from business unit managers
- Not having a widely understood, system-wide process
- Not allocating resources to the process
- Not tying projects to company strategy
- Not spending enough time and energy on the fuzzy front-end
- Not building sufficient diversity into the process
- Not developing criteria and metrics in advance
- Not training and coaching innovation teams
- Not having an idea management system
The Big Ten Innovation Killers. [Joyce Wycoff]
No comments:
Post a Comment