Fostering Growth and Innovation

Companies grow 5.8 percent faster than their competitors when they encourage innovation and new ideas. That’s according to a recent study by Eureka Ranch, a Cincinnati-based consulting firm.

In a five-minute BNET video called “Nurturing New Ideas,” managers and leaders can learn how to create the kind of workplace that encourages employees to generate new ideas and also how to put those ideas into action to boost the company’s bottom line.

You also can read more tips about how to solicit ideas from your employees in a BNET article called “How to Nurture New Ideas.” Some of the techniques include:

  • Brainstorming meetings.
  • Offsite gatherings.
  • Events designed to gather feedback from the public.
  • Online suggestion boxes.

To view the video, visit BNET. To read more tips and techniques, visit “How to Nurture New Ideas.”

Written by Jenny Cromie, certified human resources specialist (CHRS)
Great Lakes HR Now Newsletter

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About KappaDiva
Learning Leader Tech Ed Advocate Empassioned Educator Perpetual Student Professional Learner Chief Learning Officer Tonya is a learning leader, instructional design, performance support and multimedia communications professional, with nearly 20 years of experience in healthcare, information systems, instructional design and training, web and creative design, internal and external marketing, PR and communications, social media, service excellence, leadership development and non-profit operations management. She is currently Director, Staff Learning & Development, Teach For America; President, A2ATD; principal and Chief Learning Officer of Kappa Beta Technology & Instruction; grad student at The University of Michigan; and author of the Learning Leader Blog (www.learningleader.org,) an emerging technologies resource for 21st century educators. She current is living in Macomb County, MI, with her cat and several Mac and iOS devices.

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