yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

What factors shape a culture of innovation? | Dan Seewald | Big Think


2m read
·Nov 3, 2024

The culture of innovation in an organization is a byproduct. It’s a dependent variable. You have to build other factors in order to create and shape your culture of innovation.

Let me give you a couple of thoughts around this. First of all, if you want to have a meaningful culture of innovation, you have to have a really bold and aspirational innovation purpose. So, as an organization, what is their purpose that goes beyond just “we’re going to make more money, we’re going to be the leader, we’re going to help our customers”? That’s all well and good. Those are goals, but your purpose should be something that’s authentic, that’s bold, and that people can personally connect and relate to.

When you have that, that inspires people to give a little bit more, to take risks. When people are afraid to take risks, when they are really reluctant to do things differently, then you really don’t have a strong innovation purpose, and the culture in your organization will not incubate new and fresh ideas.

There are a couple of other things I think are really important. The idea of building an innovation brand. Now, as a marketer, one of the things that I felt very strongly about when I built an innovation culture at a large organization was that we often thought about it as a program. But programs live very short lives. On average, they live about two to two-and-a-half years. But brands live on much longer. It’s because they have a promise. They have an identity.

Brands are the things that live on when you put the investment in of building it, of making people kind of relate and connect to it. So if you want to change a game, you have to invest in building an innovation brand, not just an innovation culture or even your innovation purpose. Something that will stand the test of time, that people will think about, they’ll connect to emotionally.

And at the end of the day, it’s something that they themselves feel that they have a relationship with. When you build a brand, that’s when companies, that’s when the people in the organization will go the extra mile. When people will work on weekends, do things at night, they’ll stay late at work, it’s because they feel that the work they’re doing is meaningful and purposeful.

And when you have a brand that conveys that, people will go that extra mile. Innovation depends on people doing things differently and taking risks and being willing to go further than they normally would for just the job. You don’t want people to just come to work. You want people to go the extra mile and to feel they’re a part of an organization that’s committed to innovation.

More Articles

View All
Worked example: Determining the effect of temperature on thermodynamic favorability | Khan Academy
Let’s do a worked example where we calculate the standard change in free energy, ΔG⁰, for a chemical reaction. For our reaction, let’s look at the synthesis of ammonia gas from nitrogen gas and hydrogen gas at 25 degrees Celsius. ΔH⁰ for this reaction is…
How To Get Rich According To Gary Vaynerchuk
There are a million ways to make a million dollars, and in this video, we’re looking at one of them. Garyvee is described by many as a marketing wizard, and soon enough you’ll understand why. After taking over his family’s business and rebranding it into …
Introduction to the Vedic Period | World History | Khan Academy
First civilization that we have evidence of around modern-day India and Pakistan is the Indus Valley Civilisation. It’s right around the Indus River in modern-day Pakistan and Northwest India. In other videos, we talked about how it really comes into bein…
Mohnish Pabrai: How to Find and Analyze an Investment (2021)
I put about 10% of the fund’s assets into Frontline, and in a few months, shipping rates started to go up. It went up to like $10 or $11 a share. I had a very nice gain in a relatively short period of time, and I exited Frontline, patted myself on the bac…
Saving Sea Turtles in the Solomon Islands | Short Film Showcase
[Music] [Music] [Music] The first time I came here was in 2001, and it was just like yesterday. The first time I arrived here, I was so, so amazed that nature came so, so close, and so it really touches [Music] me. There are two species of sea turtles …
How to Talk to Aliens
[Michael] Where is everyone? We have been listening for messages from outer space for more than half a century, and so far… silence. Why? Are we truly alone in the universe? Or is everyone else acting like us and just doing a lot of listening? Maybe we ne…