Cultivating Innovation: A Must for Exceeding Customer Expectations
Successful organizations innovate to quickly meet — and even anticipate — their customers’ varying needs. Instead of making assumptions about their customer base, these businesses remain curious and consistently investigate customer needs as circumstances change. Leaders who stay close to customers are more likely to understand their varying needs with the result that innovation becomes much easier. To realize that a customer requires something completely new and different from what you offer can certainly be daunting. However, it’s also a new and exciting opportunity that hinges on meeting those needs to preserve the relationship.To Cultivate Innovation, Your Company Needs to Know What It Wants
To cultivate innovation, your business has to know its place in the world and accept the sacrifices needed to get there. Contrary to many beliefs, innovation isn’t just a team of coworkers brainstorming new ideas. According to Melody Loops, for a company to cultivate innovation, it will need to:- Promote culture innovation by aligning everyone in a shared mission for change and progress. This may include regular (not just once a year) brainstorming sessions, encouraged experimentation, curious attitude, bonuses, and rewarding of innovative thinking.
- See innovation as a must-change. Launching new services and products, pivoting the business, or changing a mission statement needs buy-in and encouragement of all kinds. Innovative leaders must also be change leaders.
- Train at all levels. Employees must get comfortable with regular brainstorming sessions and creative thinking approaches to all of their projects.