Nurturing Innovation
A great idea isn’t enough. Leaders must create an environment that allows teams to collaborate successfully over time. by Anne-Laure Fayard, Jess Majekodunmi, Martina Mendola and Rachel Kenny
Felicity McCabe
Summary.
Despite an avalanche of initiatives in cross-sector collaboration and open innovation, businesses still struggle to develop game-changing ideas and bring them to market. Many people argue that the problem is that we still don’t have enough new ideas, and we need to work harder at getting diverse people into the conversation. New, imaginative ideas wouldn’t hurt, of course, but that prescription misses an important truth: Successful innovation involves more than just letting a thousand ideas bloom.
Read more on Innovation or related topics Mentoring, Open innovation, Business management, Collaboration and teams, Managing employees and Social entrepreneurship
A version of this article appeared in the March–April 2024 issue of Harvard Business Review.
Read more on Innovation or related topics Mentoring, Open innovation, Business management, Collaboration and teams, Managing employees and Social entrepreneurship