How Can You Foster Purpose-Driven Innovation? - InnoLead

How Can You Foster Purpose-Driven Innovation? - InnoLead

Innovators seek to create positive impact, but their efforts may lead to unintended consequences. Purpose-driven companies need to mitigate negative outcomes not just from their business model but also their customers' needs. Innovators must anticipate long-term consequences of their work and communicate them to engage stakeholders for social responsibility. Social Model Canvas, an enhancement of the Business Model Canvas, helps promote envisioning alternate futures across evolving trajectories, potential for alternative usage, appropriation, societal and governmental reactions. To achieve this change in mindset, we need purpose-driven innovators who go beyond short-term profits to deliver better outcomes to society.

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More Innovation Resources:

Creative Problem Solving Workshops at Innovation Training

Creative Problem Solving Workshops at Innovation Training

Discover the benefits of a creative problem-solving workshop for your organization and learn how to implement the methodology.

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Avoid a Tower of Babel Scenario: Too Many Tools Create Complexity and Inefficiencies

Avoid a Tower of Babel Scenario: Too Many Tools Create Complexity and Inefficiencies

A recent survey revealed that email, spreadsheets, and phone calls are the top three collaboration tools used by project managers and participants in North America, with limited capabilities for virtual teams.

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Establishing A Repeatable Scalable And Formal Innovation Process

Establishing a formal innovation process is crucial for companies to achieve continuous improvement and market share. Accenture finds that 74% of top-performing companies have an established, repeatable process for innovation.

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