Creating a Company Culture: Encouraging Innovation

Do you ever have an idea that you think will help improve your company, a product offering or a service? Are you afraid to share that idea? Or maybe you think someone else in the company just has better ideas than you.

You don’t have to be a superstar to be innovative. Your experience doing what you do everyday just may help you think of a way to do things better. If so, then you are an innovator.

Do you have the time and freedom to think of new ideas during work, other talented team members to brainstorm with, and a work environment that supports collaboration? And what happens if your big idea is a big flop? A culture of innovation supports independent thinkers and understands that failure can play a key role in the true success of a new idea.

Companies are recognizing the need to empower their employees and create an environment that encourages collaboration and innovation. Joel A. Garfinkle identifies 4 Principles for Fostering Innovation in an Executive Insight article Here’s why leaders need to create a culture of tolerance to promote a spirit of innovation.