In today's fast-paced business landscape, the significance of innovation cannot be overstated. It's a game-changer that can make or break a company's success. In fact, companies that champion innovation are shown to average an 11% higher revenue compared to their counterparts, while organizations that resist it will run the risk of being left behind. To unlock the best outcomes, however, opting for an employee-driven approach is the ultimate solution.
Top-down, company-focused innovation can still yield some positive results but here’s why employee-innovation should be at the heart of your strategy.