In an article written by Tony Schwartz and published by Harvard Business Review, Schwartz addressed six “secrets” leaders need to know in order to create a culture of innovation. Schwartz points out that no company follows all six innovation secrets – and most aren’t able to even manage three of the six.
You can read the article by clicking here.
The United States has been losing its innovation advantage for a couple of decades. Just look at the industries the U.S. once created and turned into multi-billion dollar businesses: automobiles, steel, medical devices, plastics…the list is long – but the staying power and leadership position the United States once held in these industries is gone. Why?
I believe much of the answer lies in Schwartz’s third and fourth secrets: Nurture Passion and Make the Work Matter.
In these two components to create a culture of innovation lies the secret sauce to most any successful organization: its people. But more than that, in nurturing passion and making the work matter, we see how critically important it is to not just employ bright, intelligent, hungry-for-success men and women, but to engage with them on a daily basis. When companies stop engaging with its people, de-valuing work, demanding more and more without adequate appreciation, recognition and, yes, compensation – its best and brightest people will exit the organization and find something better to do.
People want to feel engagement with the organization they work for and with sound engagement, your best people will do nearly anything to “get the job done” and exceed expectations at every turn.
So Mr. and Ms. Leader, it’s not enough to be engaged yourself. You must identify and prioritize how to engage with employees and create and maintain that passion for the work at hand. You must serve as the voice that explains to your people why the work matters — beyond the creation of shareholder value. Nurture passion. Create a connection to how and why the work matters. Every day.
If you manage to accomplish just two of the six secrets to creating a culture of innovation you’ll be a third of the way there. And, I predict, your team will help get the organization the rest of the way.