50 Ways to Foster Innovation

The mantra for 2010 seems to be “Innovate or Die”. We all know that that world is constantly changing and businesses that cannot innovate will eventually be in trouble, but how does a company foster a spirit of innovation? Writing for Fostering Innovation, Mitch Ditkoff suggests 50 ways for foster an environment of innovation in your company.

Some of my favorite ideas from the list include:

• Drive fear out of the workplace and make new mistakes
• Ensure a high level of personal freedom and trust. Provide time for people to pursue innovations
• Think long term
• Make sure people are working on the right issues

As your business is about to enter the new year, a year filled with opportunity and pitfalls, what will you do to foster a spirit of success and innovation?

You can read all of the ideas here.