Institutionalizing Innovation: Look To Employees For The Next Great Idea

Institutionalizing Innovation: Look To Employees For The Next Great Idea

Iveybusiness Journal – While the importance of innovation is fairly well understood, organizations need to better understand the sources of innovation. One key but often overlooked source is a company’s employee base. As organizations search for new avenues for growth, it becomes necessary for it to look within its ranks in order to fuel an idea-led growth. These authors describe a framework for companies seeking to implement a formal approach for mining and managing ideas from employees at all levels.