Innovation Culture
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Innovation culture is a workplace environment maintaining an inventive outlook, endorses programs and schemes that uncover economic and social value from knowledge leading to enhanced products, pioneering services, and ground-breaking processes. This culture is said to require new leadership skills, novel ways of doing things/processes, and a focus on opportunities.
Common practices found in organizations that possess innovation culture include 1) espousing innovation as a business philosophy, 2) experimentation and taking risks, 3) taking the lead, 4) the readiness to compensate and recognize creative talent, 5) saying NO to complacency, 6) integrating an efficient IT infrastructure, and the 7) capability to measure innovation.
Closely linked to innovation culture are organizational values, climate, behavior, processes. resources, and success.
Innovation can be measured. For innovation culture to properly surface and work, a firm has to have innovation capability.
Concept[edit]
Innovation culture is a system found in a workplace environment which maintains ingenious mindsets and promote initiatives that unearth economic and social value from knowledge leading to novel or enhanced products, services, and processes. It is believed to sustain a shared set of values and reciprocally highlights principles and strengthens convictions about the significance of innovation. This set of values props up research and innovation. It leverages an organization’s accessible strengths of an existing research and innovation network. It is a culture that demands new leadership skills, novel ways of doing things/processes, and a focus on opportunities.[1]
Innovative organization practices[edit]
Practices common to organizations that possess innovation culture include the 1) integration of innovation as a business philosophy; 2) taking risks and experimentation; 3) taking the lead; 4) readiness to compensate and recognize creative talent; 5) not complacent; 6) assimilation of an efficient IT infrastructure; 7) innovation assessment.[2]
Building blocks of innovation culture[edit]
The six “building blocks” closely linked to innovation culture which support its continued existence within organizations are 1) values that solidify innovation, 2) climate which gels it to the well-being of a firm, 3) behavior, the type that surmounts impediments, rises above inadequate resources, and continues to be engaged despite complications, 4) resources, 5) processes that include innovation channels, stage-gate systems and review methods, and 6) success, referring to how an organization attains the highest standards of performance.[3]
Creating innovation culture[edit]
An organization's innovation strategy must be clearly relayed and properly disseminated to all stakeholders; all receivers must become motivated, engaged, and involved in the endeavor; short lessons/courses on innovation must be conducted; special days must be held to celebrate innovation; granting of gifts and prizes for innovation-related efforts;
For innovation culture to properly emerge in an organization, and for it to be nurtured, a firm has to have innovation capability. Innovation capability is characterized as the force that drives an organization internally and externally. It pushes an organization to generate ground-breaking ideas, revolutionary concepts, experiment with untested solutions and when successful, are developed into marketable and viable innovations.[4]
Further readings[edit]
The Biggest Obstacles to Innovation in Large Companies
Help Employees Innovate By Giving Them the Right Challenge
What A True Innovation Culture Looks Like, And Why You Need It
Eight Ways To Transform Your Company's Innovation Culture
How To Build A Culture Of Innovation And Turn Every Employee into an Innovation Powerhouse
7 Ways to Create a Culture of Innovation
A Practical Approach To Measuring, Understanding and Building Innovation Cultures
THE AGONY AND THE ECSTASY—BUILDING INNOVATION CAPABILITY
Knowledge management and systematic innovation capability
See also[edit]
References[edit]
- ↑ Henderson, Theodore, "Why Innovation Is Crucial To Your Organization's Long-Term Success, Forbes, 08 May 2017. Retrieved 15 September 2018 from https://www.forbes.com/sites/forbescoachescouncil/2017/05/08/why-innovation-is-crucial-to-your-organizations-long-term-success/#7eacb2da3098
- ↑ Ceira, Rochelle, “13 Practices of the World’s Most Innovative Organizations,” Enabling Factors, 04 January 2016, retrieved 07 September 2018 from http://www.innovationmanagement.se/2016/04/01/13-practices-of-the-worlds-most-innovative-organizations/
- ↑ Jay Rao and Joseph Weintraub, "How Innovative Is Your Company’s Culture?" MITSloan Management Review, 19 March 2013. Retrieved 15 September 2018 from https://sloanreview.mit.edu/article/how-innovative-is-your-companys-culture/
- ↑ Lorri Freifeld, "The agony and the ecstasy - Building innovation capability," Training Magazine, 13 January 2012. Retrieved 15 September 2018 from https://trainingmag.com/content/agony-and-ecstasy%E2%80%94building-innovation-capability/
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