9 ways leaders can accelerate innovation

9 ways leaders can accelerate innovation

Innovation is crucial for success in a fast-moving world where competition is fierce. Leaders can accelerate innovation by articulating a compelling reason for the need of faster innovation and role-modeling this behavior themselves. Setting metrics, using a quicker process for smaller projects, generating new ideas more efficiently, working with smaller, diverse teams, making evaluation criteria explicit, speeding up the approval process, and doing an initial business case early can all help to accelerate the innovation process.

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More Innovation Resources:

5 Innovative Ideas for HR - MITID Innovation

5 Innovative Ideas for HR - MITID Innovation

Innovative HR ideas can transform your workforce and create a positive work environment. Ideas include cash incentives, mentorship programs, welcoming new hires, personal development, and effective feedback.

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The 8 Forms Of Lean Waste Applied Business Extra Production

The 8 Forms Of Lean Waste Applied Business Extra Production

Extra-processing is a type of waste that occurs when unnecessary features are added to a product or when employees do more work than required. It can be reduced using an innovation management software platform.

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Tart-up or Start up? Two innovation strategies for established companies

Start-ups and established companies have different approaches to innovation- tart-up or start-up. Tart-up involves continuous improvements, while start-up calls for radical behavior and creating synergies with existing businesses.

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