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Creating a culture of innovation

Posted on 18 August '14 by , under Business.

Innovation is fundamentally important to long-term business success. While you may be able to take on the main role of envisioning breakthroughs for your business, it never hurts to get input from your employees.

In order to ensure that your employees’ contributions towards innovation are as valuable as possible, you need to create a workplace environment in which new ideas are encouraged and celebrated. Here are some tips for creating a culture of innovation within your workplace:

-Keep open lines of communication with your employees. This does not need be limited to your direct reports. If you believe that your frontline staff may have some valuable ideas, extend an open invitation for them to approach you.

-Ensure that you have adequately considered innovation in your budget. The level of resources that should be directed towards innovation will vary greatly depending on the size of your business and the industry in which you operate.

-Celebrate creative ideas, even if they prove to be unfeasible. This will help you employees to feel more confident in bringing ideas to the table.