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How to Develop a Culture of Innovation

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We continually hear about innovation and strive to keep engaging our teams to put the right skills and processes for innovation into practice. At the same time, we know that fostering just the right culture for the team to be innovative is important – but often overlooked. How do you go about fostering an innovative team? Here are 4 guidelines we’ve pulled together.

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How to Develop a Culture of Innovation
One of the Most Stressed Topics Today is Innovation. Enormous effort is invested into putting the right skills and processes for innovation to take place.
However, One of the most overlooked factors of innovation is fostering the right culture for a team to be innovative. Here are 4 guidelines we’ve pulled together:
I MAKE YOUR TEAMS AS DIVERSE AS POSSIBLE
Diversity and Innovation are a Proven Combination. A key to innovative teams is to make certain you have a diversity of: When GE Shifted from homogeneous to diverse teams, the productivity gain went from 13% to 21% • Thought • Generations • Experiences • Perspectives • Genders • Cultures, ect
II LEVERAGE EACH PERSON’S GIFT
Leveraging Each Person’s Gift Uncovering how each person can contribute outside of pre-conceived roles can transform the capabilities of a team. On example could be gender roles, Catalyst found that companies with the most woman on their boards of directors earned a 26% higher return on invested capital than companies with the fewest woman. Creating a list of skills required for the team and having team members sign up can be a great way to uncover hidden talent and motivation.
III TOLERATE AND EVEN ENCOURAGE MISTAKES
Tolerate And Even Encourage Mistakes In the article Beating The Odds When You Launch A New Venture, Gilbert and Eyring argue that risk management is a core competency of entrepreneurs, and learning from taking risks is what drives innovation. In the service of innovation, there has to be an openness to be bold and even completely ‘off ‘ in a culture of tolerance and acceptance. What this means is that everyone truly believes – and sees this ‘real time’ – that mistakes are acceptable and even encouraged.
IV TAKE THE TIME TO LISTEN AND LEARN
Take The Time To Listen And Learn In our fast-paced culture of executing against short-term goals, the idea of truly listening to one another, being open to what the person is saying without jumping right in with your own thoughts, and taking time to think about and learn from one another is a very difficult concept to put into action. However, this is the most essential concept to creating an innovative culture because only by taking time to learn from one another can innovation ever truly happen.
Building a culture of innovation and collaboration does not happen overnight, it is a process. We hope these guidelines help you continue in your process and encourage innovation in your leadership.
Download Our Course Catalog For a List of Customizable Programs
We help organizations rapidly transform talent by focusing on Learning and Leadership for Performance. A global, award-winning learning and training solutions company for almost 20 years, InfoPro provides leadership solutions, performance improvement strategies, blended learning solutions, and managed training programs. ABOUT INFOPRO LEARNING One of the world’s leading providers of learning and training solutions.

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How to Develop a Culture of Innovation

  • 2. One of the Most Stressed Topics Today is Innovation. Enormous effort is invested into putting the right skills and processes for innovation to take place.
  • 3. However, One of the most overlooked factors of innovation is fostering the right culture for a team to be innovative. Here are 4 guidelines we’ve pulled together:
  • 4. I MAKE YOUR TEAMS AS DIVERSE AS POSSIBLE
  • 5. Diversity and Innovation are a Proven Combination. A key to innovative teams is to make certain you have a diversity of: When GE Shifted from homogeneous to diverse teams, the productivity gain went from 13% to 21% • Thought • Generations • Experiences • Perspectives • Genders • Cultures, ect
  • 7. Leveraging Each Person’s Gift Uncovering how each person can contribute outside of pre-conceived roles can transform the capabilities of a team. On example could be gender roles, Catalyst found that companies with the most woman on their boards of directors earned a 26% higher return on invested capital than companies with the fewest woman. Creating a list of skills required for the team and having team members sign up can be a great way to uncover hidden talent and motivation.
  • 9. Tolerate And Even Encourage Mistakes In the article Beating The Odds When You Launch A New Venture, Gilbert and Eyring argue that risk management is a core competency of entrepreneurs, and learning from taking risks is what drives innovation. In the service of innovation, there has to be an openness to be bold and even completely ‘off ‘ in a culture of tolerance and acceptance. What this means is that everyone truly believes – and sees this ‘real time’ – that mistakes are acceptable and even encouraged.
  • 10. IV TAKE THE TIME TO LISTEN AND LEARN
  • 11. Take The Time To Listen And Learn In our fast-paced culture of executing against short-term goals, the idea of truly listening to one another, being open to what the person is saying without jumping right in with your own thoughts, and taking time to think about and learn from one another is a very difficult concept to put into action. However, this is the most essential concept to creating an innovative culture because only by taking time to learn from one another can innovation ever truly happen.
  • 12. Building a culture of innovation and collaboration does not happen overnight, it is a process. We hope these guidelines help you continue in your process and encourage innovation in your leadership.
  • 13. Download Our Course Catalog For a List of Customizable Programs
  • 14. We help organizations rapidly transform talent by focusing on Learning and Leadership for Performance. A global, award-winning learning and training solutions company for almost 20 years, InfoPro provides leadership solutions, performance improvement strategies, blended learning solutions, and managed training programs. ABOUT INFOPRO LEARNING One of the world’s leading providers of learning and training solutions.