Friday, May 27, 2016

WHY MANAGEMENT FAILS TO TAP THE INNOVATIVE MINDS OF THEIR EMPLOYEES

“Many organizations are so busy operating that they fail to think their way to success.”

There seems to be nothing that organizations won’t do to be successful except discovering the abundant opportunities that lie in the minds of the people on their payroll.

In a marketplace that is always rapidly changing, it is incumbent on an organization, if they are to succeed, to be increasingly innovative. New products, new services, new technologies, and new competitors enter the market every day. As an example, Forbes magazine estimates more than 250,000 new products are launched per year globally. No organization can thrive today without a constant emphasis on innovation.

Many businesses are constantly searching for new and better ways to get the job done. They look far-and-wide, search their archives, and attempt to anticipate the future, study competitors, and non-competitors. No outside source is beyond scrutiny. They are blind to the gold mines that lie within the organization. Every person—no exception—that receives a company paycheck should be considered a source of innovative ideas.

Despite the importance of creative thinking, it is one of the most challenging objectives to achieve in an organization. A fundamental change in the attitude of management is essential. It is management, especially the top man or woman; that creates the climate where creative thinking and innovative problem solving thrives.

Every manager and supervisor should be required to read, “Acres Of Diamonds,” by Russell H. Conwell. This short (71 page) book is the script of a lecture which Conwell delivered more than 6,000 times. It earned him speaking fees amounting to more than eight million dollars.—over $112,000 per page. Once read, each manager should write a one-page report to his/her supervisor detailing how they plan to implement Conwell’s story line: “Your diamonds are no in far distant mountains or yonder seas; they are in your back yard if you but dig for them.

Once there is evidence of support at the top this support must spread to include management support and participation at all levels. Creative ideas can come from anywhere in the organization; the CEO’s office, the advertising department, the merchandising department, the purchasing department, Information system department, the mail room. The smart manager treats everyone as a source of creative input and strives to create an environment that both encourages and rewards innovative thinking.

Innovative organizations seek to tap the unused creative potential of their employees and members. They establish and maintain a climate where employees are encouraged, recognized and reward for developing new ideas and taking risks. These organization also provide the necessary leadership to see that innovation becomes usable on a daily basis.

SIGNS OF A CREATIVE ENVIRONMENT
• The organization commits to creativity and innovation.
• Leadership encourages people to imagine, innovate, and experiment with ideas.
• There is good communication within and between units.
• People receive recognition and rewards for creative performance.

Though opportunities are everywhere, they are most easily found in the organization’s greatest asset: its people. While easy to find, they must be searched out.

Today, purchase “Acres of Diamonds,” read it, summarize it, and implement Mr. Conwell’s golden rule of finding golden opportunities. If you know, an opportunity is in here and not out there, where do you spend your creative time?

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