Summary of Building of Building an Innovative Organization
The article emphases that the human resource is the main asset of an organization, when people are empowered and can work as a team then it shows individuals being at the creative centre of the of the company. Every person is considered having the ability to identify and solve a problem; therefore, harnessing such creative behavior leads to business success. Examples of characters that have combined creative insight, enthusiasm, and energy to excel include James Dyson (respected for alternative techniques in designing domestic appliance), Spence Silver (discovered the non-sticky adhesive in the post it), and Shawn Fanning (wrote the Napster software).
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Innovation concerns teamwork as well as combination of different perspectives and disciplines. Regardless of whether innovation is within developing new car within half the time normally taken, creating new strategies of delivering existing services, bringing a novel computer idea to market, or putting people routinely into space, any success comes from a team of people working together for a common goal.
Creation and maintenance of an innovative business is about having underlying culture and structure (pattern of beliefs and values), which support innovation. More often than not, finding guidance on how to create innovative business is easy to access. Such prescriptions, explain the need to remove stifling bureaucracy, challenges to communication, unhelpful structures, and other aspects stopping good concepts getting through.
Structure for Fostering Innovation
- Executive Decisions
Implementation Strategy for Building an Innovative Organization
Motivational leadership
Turning implementation strategy into action
Performance management
Steps to Accomplish Implementation Strategy for Building an Innovative Organization
- Focusing on achieving sustained performance via values-based leadership, personal growth, and planning, which recognizes human dynamics
- Connecting identified performance aspects with strategic initiatives create and optimize individual and departmental activities
- Managing performance by involving the creation of organizational processes as well as capabilities crucial for achieving performance by people delivering results
Where Obstacles are Anticipated
Obstacles to success are always anticipated when translating theory into action plans, which will allow successful implementation and maintenance of the strategy. However, these obstacles may be overcome by allowing all employees to take action and work with enthusiasm. Moreover, by engaging the right individual in making decisions on priorities overcomes challenges.
