The Three Essential Skills of Business Innovation

To hone innovation into a core business competency, it must become ingrained into the business’ mission, strategy and mode of operation. This requires:

- Developing and executing a sound innovation strategy

- Managing and leading people in a manner that drives motivation and promotes creativity, continuous learning, collaboration and knowledge development

- Creating the business processes and procedures (routines) that support creativity and the management of ongoing innovation.

Each of these elements must be managed as a whole to get the most out of innovation efforts – excelling at one or two is not enough!