- Tips for fostering an innovation-friendly workplace
- Business leaders should be willing to encourage employees to take unorthodox approaches and be willing to accept certain risks and failures
- Breakthrough developments and rapid growth can be the rewards for such an approach
Summary by Dirk Langeveld
Once a company has gotten established, it’s easy to settle into a comfortable set of strategies that maintain the status quo. However, this approach can not only limit growth but also leave the business less prepared to respond changes in the market.
Vadym Rogovskyi, co-founder and CEO of the AI-based body measuring company 3DLOOK, recently wrote for Entrepreneur about how business leaders can foster a more innovation-friendly workplace. He defined this company culture as supporting employees in taking unorthodox approaches rather than limiting them to more traditional thinking.
Tips include:
- Having company leaders take an active role in mentoring employees and demonstrating innovative approaches
- A willingness to take on certain risks in exchange for the possibility of innovative breakthroughs and rapid growth
- Encouraging employees to share their ideas on solving problems or unlocking new opportunities, and creating a sense of healthy competition
- Allowing innovative ideas to be tested and accepting any failures without taking any punitive action against the employees who developed them