Positive Effect Of Innovation Culture In Organisations
Organisations should institutionalize the innovation
process to help sustain a competitive advantage and to ensure future success.
The internal environment should have creative thinking as central to the
values, assumptions and actions.
Here are the positive effects of an innovation culture
in organisations.
- · Promotes individual growth – With an employee’s willingness to invest time for creative energy at work, an innovation culture promotes individual growth. When the employee believe that their own development and growth are valued by the employer, his is more likely to make innovative contributions.
- · Builds confidence – Experimenting with innovative solutions are more likely to instil confidence in employees. And along with encouragement, there are greater chances for developing one’s skills and abilities.
- · Optimizes work environment – Bringing innovative culture to work leads to optimization of work force ability and quality production which results in betterment if the organization.
- · Adaptability – An increasing need of innovation will arise at the rapidly changing environment which is influenced by a set of forces and conditions like economy, technology, culture, society, demographics, politics, law, etc.
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