13 Practices of the World’s Most Innovative Organizations

Innovation is crucial for business success, and effective innovation management can improve products and scale up a business. This article presents thirteen innovative management strategies used by successful organizations, including considering innovation as a central business value, taking the lead in a trend, implementing technology to encourage collaboration, maintaining an innovation-friendly environment, measuring innovation, experimenting with new ideas, funding creative training programs, rewarding creative talent, having a leadership team that inspires ideas, sharing a definition of innovation, refining creative ideas, having an artistic workplace, and never becoming complacent. These practices foster creative thinking and can lead to better performance, productivity, and customer satisfaction.