Can we define Innovative organization?

What makes an organization innovative is debatable but there are some attributes which can differentiate an innovative organization from others. Some of these are as under:-

1. Freedom which is visible when a team member is empowered to try new approach to his/her work.
2. Trust which shows when members share their ideas with one another with openness.
3. Humor when people do their work and have fun too.
4. Idea support when members encourage each other ideas.
5. Debate when they constructively challenge each other ideas and approaches.
6. When there is less of conflict and interpersonal issues.
7. When members have time to think about new ideas and new ways to problem solving.
8. When members can take action in case of risk

It is the responsibility of the leader to oversee the change towards innovation and to use all his resources to make his organization more innovative. He can choose persons with potential and can make them attend leadership trainings which can be arranged in-house or from outside to instill a culture of innovation. One should always remember that when we are talking about culture change the time frame most certainly goes up from days to years and this becomes most important factor to gauge a CEO’s performance.

New Ideas

I believe that if each one of us can think of a need which has not been satisfied till now it can act as a starting point of many new product ideas. Those ideas then can be further researched and tested before the decision is taken to market them. This idea factory can be created within your organization and the stakeholders like your employees can be rewarded suitability. There are many organizations that are successfully doing this but this does not mean that you should completely emulate them but rather you should decide your own framework and work on it in a regular manner.