6 Internal Sources Of Innovation

6 Internal Sources Of Innovation

Leadership is critical to creating a safe environment for innovation, setting the direction for innovation, and encouraging employees to innovate. Centralized and decentralized R&D units, innovation labs, and intrapreneurs are all sources of innovation in large companies, and all employees can contribute. Companies should encourage employees to submit proposals, and specialized software can help manage ideas. Transparency is key in selecting innovation sources, and innovation managers should also consider external sources of innovation.

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More Innovation Resources:

Fast Company – Storytelling & Creative Process Tips from the 100 Most Creative People in Business

Thirty-six creative storytelling and creative process tips are shared by the most creative people in business, inspiring ideas, insights and new strategies for innovation management.

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Strategies to Boost your Innovation Culture – 4 Real-World Examples for CIOs

L&D strategies can cultivate innovation in any organization. Companies with executives highly engaged in L&D are three times more likely to have a culture of innovation. Here are four ways to create an innovative environment in the workplace.

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How do we measure success in our digital transformation? A journey of discovery

Measuring the success of digital transformation is difficult as each organization is different and has unique obstacles to overcome. Siemens has formed an Influencer Community to gain diverse opinions and perspectives on their transformation journey.

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