How to fast track early innovation

Section 5 : Encourage a culture of experimentation

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A culture of experimentation promotes continuous innovation by encouraging team members to test new ideas and learn from the outcomes. This involves creating an environment where experimentation is valued and failed efforts are seen as learning opportunities.

You can allocate dedicated time for employees to work on innovative projects or explore new ideas. Encourage them to experiment with different approaches and share their findings with the team. Recognise and reward innovative efforts, even if they don't always lead to success.

A risk-averse culture can stifle creativity and slow down innovation. Therefore, encouraging a culture of experimentation and creating an environment where new ideas can flourish, will accelerate the pace of innovation.

 

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