Many global organizations today have shown tremendous growth year after year and the measure of their success is beyond what the competition has achieved.
The most common characteristic of globally successful organizations is their continuous engagement in innovation that not only changes the playing field in the competition, but also creates a disruption in which the influence of the innovation impact social, economic, and political dynamics of the modern world.
Facilitating innovation requires a strategic approach by organizations in the processes of implementation. Some of the key characteristics of an organization that successfully facilitates the innovation process include flexibility, openness, agility, adaptiveness, and cultivation.
Questions
What are the critical factors that leaders have to take into consideration in their effort to create an Innovation capability?
What are the challenges that hold the leaders back from executing a strategy aiming towards organisational innovative capability?
Also, Discuss the organizational characteristics that support innovation and creativity.
Conduct an innovation audit using analysis of your own organization.
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