Innovation Teams within Organizations

Innovation Teams within Organizations

Innovation should be embedded in organizational culture and fostered through innovative teams. These teams are made up of individuals from different departments and backgrounds who can bring different perspectives and ideas to the table. Appointing a team leader who can inspire and guide the team is also key to success. Teams that work well together and value collaboration as well as failure as part of the innovation process will thrive. Necessary skills for team members include creative and critical thinking, empathy, curiosity, and problem-solving skills. Organizations should provide the time, resources, and support needed to enable and sustain innovation. In today's environment, virtual collaboration tools like Mural, Zoom, and Slack make it possible for innovation teams to work remotely.

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More Innovation Resources:

To Truly Disrupt Your Industry, You Can’t Go It Alone

GE Power is on a mission to transform the power industry by collaborating with customers and competitors in co-innovation initiatives, as well as exploring cross-industry innovation. This interview with Hao Dinh, an intrapreneur spearheading GE Power's innovation initiative, explains how the company is partnering with customers to achieve meaningful change.

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Understanding Goals and Objectives in Business

Knowing the difference between goals and objectives is important in business. Goals are broader and inform what the company wants to achieve, while objectives are specific actions to reach those goals.

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C-Level Executives and Ethical Missteps

Ethical missteps by C-level executives prove the importance of seeking higher moral guidance, according to a Wall Street Journal blog post.

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