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Innovation Mining – A Must For Team Building And Corporate Growth

How to improve business and grow it manifolds? This is the
most common question faced by companies, whether big or small. The
challenge to boost earnings and improve the company’s share value is the
broad objective. To achieve this, it is first essential to build teams
that are synergized. Strong team dynamics can render an organization
profitable and its operations productive. This is also what holds for
innovation. Strong team dynamics is conducive for innovation to breed.
It is true that the collective experience of many weighs greater than of
a single person, the same holds true for innovation.

Biggest hurdle to innovation

Most
multinationals, or for that matter small startups, get involved in the
mathematics of their growth. In the cycle of making more profits and
increasing the company’s share value. In this rut, they tend to overlook
the importance of major initiatives. In their efforts to sustain
growth, the companies become averse to risk-taking and hence choose the
incremental product and service expansion. In short, rather than taking
an out-of-the-box approach and introducing a revolutionary product or
service, they rather play it safe.

What is innovating mining and how it can help?

Innovation
mining is a technique that helps a company scout their employees,
customers, and at times general public for ideas, or innovations. For
instance, if you scout for problems from the masses, you can tumble upon
some innovative idea to deal with the problem that in turn can bring
along a major development. This is a technique that opens up the
innovation process and helps company value anybody and everybody as
contributions can come from any direction and not just within the
company. However it is difficult to train outsiders on innovation,
companies certainly can take help of specialized corporate training
providers to let their employees know about innovation.

Innovation training – Is it possible?

Is
it possible to teach an employee to be creative? Can a creativity or
innovation workshop help in doing the trick? The answers to these
questions are tricky. A handful of people in your company would feel
that they are creative and can come up with innovative ideas. The rest
would follow the tried and tested ways which restrict creativity. In
today’s corporate culture, left brain thinking has taken precedence. In
short, logics, rational, precision and analytics rule the roost. How to
bring the switch to right brain thinking pattern? While it is a common
notion that creative people have the innate quality of being different,
it is to be noted that people can be guided to think in a certain way
via innovation training program.

Mental blocks that restrict
your mind to tried and tested patterns of thinking can be unlocked by
innovation management program. A workshop by an expert experiential
innovation trainer can help corporate guide their employees to know
about different thinking patterns. In short, Innovation development
Programs can help open the unexplored doors of creativity.