Saturday, September 17, 2011

Key Factors Of Success To Innovate

Leonardo Da Vinci is probably the most gifted genius of all time. His genius was marked in different fields, from painting, to mechanics, to even entertainment (he was a firework masters). He was so creative that when you read his notepads, you see that from one page to another he could speak about botanics, mechanics or even philosophy.

I was classifying some of the articles I keep on my desk to review for my blogging activities and I found back this very interesting article of French business newspaper “Les Echos”.
It dedicated a special section to innovation.

Indeed, innovation is a common word, which can sound as a cliché, but companies which are really innovating are obviously successful but also a minority.

I wanted to share with you some of the key factors of success discussed in this article:

Information system
Innovating implies different departments and teams to connect together, to find new ideas and improve collaboration.
I watched once a TED video about how genius ideas show up, and how genius get to the point to find those. And the whole idea behind this video was that those ideas were the result of a connection between facts which did not have any link at first sight, but thanks to a specific situation seems to fit perfectly.
This is the same thing inside a company. It is important that people can connect easily together in order to get a project going fast

Human resources/management
It is very important to create connection on an information system point of view, but also people must be able to create and innovate easily. Most of the time large corporation struggle to innovate because of their size and the high level of procedure they have. Therefore it is important to create structures which allows individuals to create freely.

This is somehow the concept of intrapreneurs, which acts like “start ups” inside a company, in order to give the freedom necessary to develop a project fast. The idea is to combine the liberty of creation and innovation to the large capacity a company can offer (in terms of support like accounting or human resources).

Moreover, the innovation process can become a wonderful leverage of motivation for employees: People like to create and innovate and therefore, if you get them into the process, you will in the end create extra motivation.

Think Innovation And Not Growth Of Existing Process
Companies most of the time thinks about how to grow an existing business, by improving it. But once you innovate, you should avoid these thoughts, because your innovation may be totally different from the existing process. Horse trainers have not become car manufacturers, and this is the reason why it is important not to stick to the traditional processes.