In today’s environment, there are numerous challenges that prevent organisations from fostering innovation at workplace.
Firstly, innovation should be considered as part of regular work, and not an add-on work, for it to sustain in a business context. Both should complement each other to be impactful. For this to happen, people should keep challenging status-quo and come up with unique solutions. At the same time, ensuring effectiveness in delivering the committed project or programme becomes critical as current commitments have direct impact on customers and business. Overall, balancing these two aspects becomes challenging for companies leading to innovation taking a backseat.
Secondly, while we said diversity enables innovation, developing a culture that is open to appreciating a problem or a solution coming from different groups is not easy. On the other hand, cost of not collaborating and not bringing in diversity is significantly high. It is not just an impediment to innovation; it is also a big drag in terms of investment.
To add to this, very often, innovation is considered to be only technology driven. When seen from the customer’s perspective, for companies to continuously offer innovative solutions, it is essential to create a culture of sustained innovation covering both processes and people in addition to just technology. Building this kind of a holistic innovation mindset & ecosystem remains a challenge amongst most organisations.
Also, when teams don’t have a clear understanding of the evolving business landscape and changing customer demands, they miss out on future trends and the problems that needs addressing. This creates major setbacks for the organisations, as the innovation drive is not likely to impact the customer in a ‘meaningful’ way while it could be ‘unique’ from technology perspective.
Other than the above, one of the most significant obstacles to workplace innovation is when leaders fail to walk the talk. This disrupts the whole culture of innovation at workplace as teams and managers don’t share a common understanding of innovation and therefore lack commitment to making it happen. Leaders should be on the ground and leading by example.