Why an Organization is Innovative?
Technology and Its Proper Management is What Creates Wealth for Nations, Enterprises and Individuals.
Business competitiveness is no longer a matter of choice but a matter of survival in a global marketplace. Technology is indispensable part of society today. It is in the engine of our modern day lifestyles. Its existence in a society is synonymous with that society standards of living. Is the core upon which most enterprises are built and organized to function. Successful enterprises are those that utilize appropriate technology and manage technological change to gain an edge in the marketplace.
We cannot manage innovation, we manage for innovation.
Innovative Environment Main Pillars:
- Freedom
- Challenge
- Good Project Management
- Sufficient Resources
- Recognition
- Encouragement of Pressure
- Sufficient Time
Environment obstacles for creativity:
- Constraints
- Evaluation and Judgment
- Overemphasis on Statuesque
- Organization Disinterest
- Insufficient Resources
- Internal Competition
- Poor Project Management
- Time Pressure
Innovative Organizations are characterized by:
- Organizational Motivation
- Fair Evaluation of Work, Even Failure
- Mechanism, for Developing Ideas
- Value of Creativity
- Sense of leadership
- Reward and Recognition
- Sense of Pride
- Open, Active Communication
- Orientation to Risk
- Presence of Sufficient Time
- Presence of Necessary Expertise
- Allocation of Effective Funds
- Availability of Material Resources
- Mature Systems and Processes
- Availability of Relevant Information
- Quality of Offered Training
- Lack of Turf Wars, “Politics”
- No Destructive Criticism
- Absence of Strict Control (replaced by wise management)
- No Excess of Formal Structures
Fostering the Innovation Culture is the corner stone for any innovation initiative to success.It is not just a decision taken by top management. Innovation is achieved through People and People are not Machines, they must be convinced and believe in innovation. Management challenge is to reach a change in the mind set.
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