In this global very competitive technological business environment now more than ever is the time for businesses to invest in their employees so they have the time, energy and desire to solve problems by discovering, combining, and arranging insights, ideas, and methods in new ways.
The real problem amongst western world management is a lack of appreciation of the potential for innovation. There are many second-rate, introspective, cossetted and slow thinking leaders. Far greater priority should be given to management education and to policies for improving the capacity of firms to innovate.
The benefits of innovation are much more than increasing corporate profits. It’s more about creating a better experience for everyone. Through innovation, we can give each successive generation an easier, longer and more rewarding life than the one before.
For many, innovation is perceived as a precursor to more unwelcome changes at work and potentially to job losses. Actually, innovation creates new jobs and brings excitement and meaning into work as people are given the opportunity to explore and try new things.
A passionate, healthy balanced life becomes a reality instead of an idealism that no-one appears to have achieved.
Research reveals that challenging passion-driven work, making a difference, recognition, employee involvement and job security are the top five career motivators. When employees have these requirements met, they stick around so companies don’t have to spend as much time and hard earned profits recruiting and training new workers. Happy employees tend to rave about their workplace, which can attract new talent. When job seekers are clamouring to work for a company, that company gets to choose the cream of the crop to join their team.
Companies need to provide these qualities if they want to increase their profits, create a more conducive environment, be an employee’s choice, all whilst assisting their employees to realise their full potential in their professional life.
A win-win for all.
Do you foster innovation in your workplace? Do you provide downtime for all employees so they can find that better way to do their role? Do you encourage your employee’s to share their innovative ideas?
Remember: “Innovation is the opportunity to see change as an opportunity, not as a threat.” ~ Steve Jobs.
Stay tuned for my next daily post that will assist you to create your team-dynamic workplace. One where your people, purpose and profits are thriving. Or if you’d prefer to reap the rewards from introducing these strategies sooner, connect with me through my email or message me.
View all ‘Creating a Team Dynamic Workplace’ series posts, featured on my profile.
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