Articles

While many companies have research and development departments for innovation, they can achieve so much more with intrapreneurship. Intrapreneurship is simply a system that allows your employees to work on their own projects. The employees are solely responsible for creating innovation within the company. There is no one above them pushing their research or creativity in a specific direction.

Thriving in the business world means that change has to be constant. To build a truly innovative culture, businesses must invest in a diverse employee base. This combination of new perspectives is not only a great way to boost equality in your organization, but these varying perspectives can lead to great growth.

Increasing innovation within an existing organization, particularly a large company, can be challenging. There are many structures in place to protect the status quo, because the status quo has been successful and helped you build your company to where it is today! However, if you want to change things up, expand your company into a new direction, or simply improve some practices, you will need to build systems for agility, risk and safety into your business.