It is no secret that innovation is the most hyped word in town.Innovation is a true buzz word that could either be hated or loved. Every business leader agrees that it is important, as technology and digital information networks are linking individuals, organizations and nations as never before.

As opportunities grow to exchange ideas and innovative impulses across organizations, a new culture is being set for innovative activity; this is termed Innovation Culture. You may have heard the word as a passing phrase or otherwise stumbled upon it in our vast world of online search but honestly, it is here to stay!

The culture of innovation is the framework for every innovation activity. It refers to a climate that promotes creativity, ideation and idea generation. An innovation culture is part of the corporate culture and determines how much support is provided by management and employees towards innovation.

Why is Creating a Culture of Innovation Important?

Many companies are aware of the importance of innovation in a highly competitive marketplace however, they fail to understand that if the culture is not positive within the organization, it can hinder innovation.

The honest fact is most companies get caught up in running a business on a day to day basis and forget to think about the future. They depend on rebranding without truly innovating. This will threaten the sustainability of your company!

Now, the key principle is not just coming up with one good idea but a series of good ideas and continuous implementation. Changing with the trends! Pay attention to what is happening around the world! Embed a lifelong innovation culture in the team…

Leverage to Create a Positive Innovation Culture in your Company

It’s one step to know about the new buzz word but a greater advantage on implementing it within your company to yield results. We have done a quick research for you and highlighted 5 ways to practically enhance a positive innovation culture in your company.

1. Draft and communicate an innovation strategy
2. Develop an effective creativity workshop and course for employees
3. Choose your unique innovation Approach
4. Learn from the past and look to the future: Embrace failure
5. Take Action Quickly: Encourage action on innovative ideas

In conclusion, you can start small to implement a culture of innovation in your company. Don’t wait for the Future

Dapo Oke