MANAGING in the

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Some behavioral traits have been recognized which are sure to foster a sense of business innovation across an organization. First of all collaboration must be developed throughout the firm. A breed of employees categorized as intrapreneurs must be encouraged and analyzed as they are the ones who will generate maximum innovation. Work processes must be speeded up using agility as a core principle as it removes needless hierarchical barriers. A venture capitalist (VC) pumps in money in the hope of eventually earning profits but to achieve this market needs to be disrupted. The management of the organization must also think accordingly as that will help achieve breakthroughs. Innovation will not be fruitful without practical operational efficiency. Thus instead of guarding creativity within silos, it must be opened out to exist in tandem with operations.

Source: http://www.strategy-business.com/blog/These-Five-Behaviors-Can-Create-an-Innovation-Culture?gko=85549

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