Companies often think that they fall behind in innovating mainly because of a lack of talent or insufficient involvement of employees in terms of creativity. In fact, they have no shortage of new ideas and initiatives but they just ignore them or prefer short-term solutions to long-term ones.
Having the right processes and corporate culture is just as important as having the right talent and skills, as the Human Capital Exchange website explains.
Corporate culture and processes are based on the behaviour and decisions of leaders. So if you want your company to foster innovation, you should focus on leadership development and help your leaders overcome the following obstacles.
