Innovation is one key word that runs an organisation; as innovative efforts give the organisation an extra edge to win over competition. Therefore, How to promote innovation in an organisation? Definitely needs to be focused upon…

Innovation can be defined as a new dimension, a new thought, a new practise or a new ideology that can be applied to already existing system, with an objective of making the system more efficient and productive.

Innovation becomes a vital feature for the organisations, once the tried and tested practices have ceased to be productive or has reached their saturation. How to promote innovation in an organization therefore becomes very vital as this only lets the employees to rethink and ponder upon innovative ways of doing business.

One innovative idea towards making the intranet as a medium of sending emails on worldwide web gave birth to Hotmail, The founder Sabir Bhatia made a whooping $400 million on selling this innovative entity of Bill Gates. Organizations need to implement this spirit of thinking the unimaginable and making it possible.

Various ways of how to promote innovation in an organization, therefore need to be thought upon…

1.      Encouraging an open culture: A continuous & rich flow of business ideas is the first step towards innovation, and for that A open culture is an utmost priority. An open culture helps employees to understand the systems and processes without any inhibitions and at the same time be playful to something new or innovative that can be applied to the current business practices. Transparency in an systems encourages these employees to share those ideas with there colleagues and seniors for evaluating the future potential.

2.      Responsive to external stimuli: Any innovation is a by product or response to any external stimuli that could come from competitors, business environment & internal policies. The employees should be encouraged to be reactive and agile in preconceiving any such change or stimuli and offer a timely response so that the opportunity could be best utilised and any damage could be negated.

3.      Accountability held for every initiative: Making employees accountable for their actions or duties makes them think logically and responsibly. The employees become a better judge of their actions and a sense of ownership generates in them, this calls for a active employee participation and innovative thinking towards betterment of the organization & their own selves.

4.      Decentralisation: Bifurcating the work flow into various hierarchies, makes it possible for an employer or manger to decentralise the work & be clear about who needs to do what? This helps the employees focus on their actual duties and creatively think of innovative ways of doing their job.

5.      An eye for the latest relevant technological and managerial happenings: Being innovative demands for keeping oneself abreast of the latest in the technological and managerial happenings. In an organization it is therefore mandatory to create a conducive atmosphere where in the employees are encouraged to learn about new technologies & innovatively infuse them into the organization innovatively.

6.      Evaluating an idea & proper implementation: Implementation of an innovative idea in an organization demands for a substantial amount of cost and human efforts. Therefore, while implementing innovation in an organization, the employees should be able to critically evaluate the idea both from financial and business point of view. Just conceiving an idea is not enough; in fact evaluating it for its business viability too is essential.

7.      Proper acknowledgement & rewarding every initiative: innovation in an organization can be encouraged by giving the employees due credit and acknowledgement for their initiatives, in the form of rewards or promotions.

Such practices instil the confidence in the employees for thinking out of box and responsibly. They find innovation as one good job enrichment tool, in addition to their usual duties related to their job.

It is therefore suggested that for making innovation happen in your organization, the employees need to be given a very open atmosphere that encourages thinking out of box, thinking responsibly and proper guidance from superiors or peers towards evaluation & implementation. How to promote innovation in an organization can therefore be compared with digging in a stream of water, wherein the ideas keep flowing as an unending process.

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