Tag: Culture of Innovation

Leadership

Trusting Adults to Behave like Adults

I read a post on Nature.com which talks about lessons to be learned by governments about communications and trusting the public with hard truth. You can read the entire post titled “Covid Lessons: Trust the Public with hard Truths” here. I believe that the lessons are as much valid for business leaders as much for the governments and the public. Bureaucracy is usually a result of not trusting our employees to do the right thing in any given situation. Every time we see an employee make a mistake, the tendency is to create a policy around it so that, that […]

Innovation

The Role of Reflection in Innovation

  One of the most common mis-conception about innovation is that not everyone can innovate and innovation doesn’t happen in regular day-to-day work. Every time we do something that is not part of a regular process, either to expedite something or for any other reason, there lies an opportunity to innovate. Lets take an example of the manufacturing industry. If you are in a manufacturing industry, you would relate to the constant need to expedite orders. What you need to do is to step back and reflect upon what you did. You need to reflect on the following questions: What […]

Innovation

Innovation Isn’t an Idea Problem, Nor is it a Recognition Problem

In a recent HBR article with the same title, David Burrus argued that Innovation is a recognition problem. He also went on to propose a solution to this problem, one that Rhode Island based Rite-Solutions is already using. The general idea is that people are given a certain fixed amount of virtual currencies (say 10000$) which they can invest in any of the idea that is proposed on their internal idea site. This could eliminate the bias of any one or a set of executives, who are usually responsible for deciding on the feasibility of any particular idea. In my […]