When your company is considering whether an Innovation Mindset Initiative is right for you, consider these questions.
- Is your company large enough to have a Chief Innovation Officer?
- If not, are you able to stay ahead of emerging trends, new products and services or competitors in your industry or adjacent industries?
- Do employees know how to elevate innovative solutions to recurring customer challenges?
- Do employees know how to present new business ideas in ways that will move them forward?
- Are employees incentivized for thinking creatively or strategically?
- Do senior leaders have great revenue generating ideas that haven’t been moved forward?
- Are you currently able to meet your incremental revenue goals?
- Is your board of directors encouraging more innovative thinking on your team?
- Do senior leaders know how to support incremental revenue goals?