We keep hearing about innovation and how in today’s economy it is critical to our success. But what does it mean for our individual businesses or our unique industries? Is innovation just a buzz word that we are hearing but no one knows what to do? True innovation is the ability for leaders to recognize when something has to change. Innovation cannot happen without some kind of disruption or shift in how things have been done to date.
For this reason many leaders slow down innovation due to fear of the impact of change on the people in the organization or fear of implementing the change in a timely way that does not impede profitability.
Here are 3 ways for leaders and business owners to unleash innovation:
- Harness your “Creati