Modern Business Magazine October 2016 | Page 57

FUTURE & INNOVATION Empowerment becomes possible through decentralizing power, setting shared goals, and allowing for participative problem solving and decision making. Where an appetite for risk is then built into a group culture as a norm, and where people feel equipped (through better training and education, as well as through having access to the latest technologies), innovative ideas can flourish. When they are then enabled to prototype and trial solutions for practical application, innovative implementation is then facilitated. with our high quality education system being credited as helping to build creative thinking and problem solving skills, and with the recognition that we are one of the most diverse multicultural countries in the world. NEXT, DEVELOP A TOLERANCE FOR MORE DIVERSE IDEAS Diversity, particularly cultural diversity, has been found to be linked to innovation and better economic performance. The problem is that diverse groups can be volatile and unproductive if there is limited respect. Group diversity has been found to be linked with more perceived conflict and a lack of trust. While groups of likeminded people come up with solutions faster, the solutions are inevitably mediocre. Groups that are made up of people from diverse backgrounds, on the other hand, will contribute varied opinions and ideas and explore more options. As long as the process is well facilitated, and although it will typically take longer, these groups can come up with superior solutions. Let’s continue to develop our strengths, and we might just be able to step up on the podium and truly claim that coveted ‘innovation nation’ title. Homogeneity can be damaging, because there can be a tendency towards conformity and groupthink – which in turn limits the exploration of different ideas. Strong connections between individuals can become protective walls which are barriers to new ideas. Encouraging and valuing diversity, on the other hand, is essential for starting the innovation journey. FINALLY, ENABLE TALENT FOR BETTER IMPLEMENTATION To support talent development for better innovation, individuals will need to be empowered, equipped, and enabled. Empowerment is a first key to helping to develop the sort of curiosity and imagination that can lead to breakthrough applications. And this can happen at any level. A study of garbage collectors in San Francisco found that if the collectors were free to select their own opportunities they were more innovative. Gaia Grant and Andrew Grant are the authors of The Innovation Race: How to change a culture to change the game (Wiley August 2016) along with a number of other international bestselling books and resources. As the Directors of Tirian International Consultancy they help to create innovation cultures for a range of international organisations (including Fortune 500 companies and NFPs). The Grants are top-ranking keynote speakers, and Gaia is a post-graduate researcher and guest lecturer at Sydney University Business School. For more information see www.the-innovationrace.com. October 2016 ModernBusiness 57