Innovation in the Workplace - MIT ID Innovation - PowerPoint PPT Presentation

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Innovation in the Workplace - MIT ID Innovation

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Let's look at the ways to drive Innovation in the Workplace to take the business to a whole new level. – PowerPoint PPT presentation

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Title: Innovation in the Workplace - MIT ID Innovation


1
How To Drive Innovation in The Workplace MITID
Innovation
2
In this technological age of constant change, the
ability to inspire innovation in the organisation
is the mark of a thriving leader. It is why every
business must continue to innovate to have a
competitive edge over their rivals and also
survive in the industry. Hence every organisation
in the present times looks for ways to drive
innovation in the workplace to take their
business to a whole new level.
3
Ways To Drive Innovation in The Workplace
Successful innovation in every workplace depends
upon efficient communication and knowledge of the
various components of the innovation process.
4
While it is common for business teams to be
resistant to innovation or changes, managers need
to educate employees about the benefits of
innovations and how they can foster personal
growth. Mentioned hereunder are some ways to
drive innovation in the workplace.
5
Build Dedicated Innovation Teams
To drive innovation in the workplace, you must
remember that even when some employees in a
company have exceptional ideas, they are not that
great at communicating them. Hence it is crucial
to have an internal team that fosters and
encourages idea-sharing.
6
Also, if a company does not have enough resources
to hire a dedicated team, they can create a new
in-house team by recruiting members from
different areas in the business. 
7
Select The Most Promising Ideas
After finding employees with exceptional ideas,
move to the refinement process. Choose only the
most promising ideas from those large volumes.
Also, businesses can accommodate various methods
to pick the most desirable proposals the
crucial thing is that the environment remains
carefree, with a healthy spirit of competition.
8
Foster Collaborative Experimentation
Companies should use collaborative
experimentation to tilt the odds of success at
innovation in their favour. Also, interacting
with stakeholders induces new ideas, helps
companies address market requirements, correct
issues, and expedite the business innovation
process.
9
Adopt Agility
Many workplace innovators support agility as it
allows employees to attain their absolute
potential.  Also, by encouraging employees to
remain self-sufficient and helping them adapt to
change, employers gain the workforces trust and
help them become more productive. As a result,
employees invest more in the company and, in
turn, stay with the organisation for longer.
10
Respect Failure
Failure is an indispensable part of the learning
and innovation process. Businesses should
understand that not every approach will be a
breakthrough. The nature of innovation is that it
demands various experiments to successfully
produce new products and solutions. Companies
should appreciate every failure, so workers dont
fear failure they will take more risks and
develop great ideas.
11
Hire Innovation Advocates
Get a team of advocates on board who push the
idea creation and innovation method. This team
will encourage innovation throughout the company
by asking questions, fostering ideas, and
necessitating radical changes. We at MIT ID
Innovation are the leaders in the realm of design
and innovation education.
12
Our expert mentors make students learn every
possible aspect of various courses in
innovation and empower them to become world
leaders in innovation. If you are interested in
studying something out of the box, enrol yourself
with us today.
13
Conclusion
MIT ID Innovation Programme curates knowledge and
experiences that challenge the very paradigm of
evolution. And that's why we have set out to
define the future of industries, communities,
cities and ecosystems. MIT ID Innovation offers
the best Innovation Courses.
14
Wed love to hear
from you.
  • MIT INSTITUTE OF DESIGNRajbaug,, Loni-Kalbhor,
    Pune-412201
  • 91-7038982225 / 91 9834092369
  • innovation_at_mitid.edu.in
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