Tuesday, February 5, 2013

Key Elements in an Innovation Initiative


1. Stimulating Identifying people to be included in innovation initiative Help in selecting projects for creative problem solving Making available teams to work on projects 2. Nurturing Officially recognize the teams and scope of activity. Schedule presentation to top management Provide a budget, Organize Innovation symposiums. Provide space and time for innovation spirals to meet 3. Sustaining Start a MINDSPOWER club to meet once a month. Give innovation awards Celebrate good ideas. Prepare reports and publish success stories Use the innovation club for self development 4. Reinstating Communicate results of Innovation Initiative Have annual awards for Best Teams

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