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Vijay Govindarajan's Fostering Innovation Keynote Aims to Shift Minds

By: Kyle Towers - Published: • References: tuck.dartmouth.edu & youtu.be
Introducing innovation to a company will often be met with much resistance, but this fostering innovation keynote by Vijay Govindarajan aims to overcome that.

Vijay believes that some companies are not staying on top of the evolving business world and needs to do so in order to promote true innovations. It needs to create a culture of always being on the cutting edge. He also feels that combining different minds will help bring in new ideas that may not have been considered before -- especially those from completely different industries.

Vijay's fostering innovation keynote breaks down three simple adjustments that need to be made in order to combat resistance. He says that better performance measurement systems need to be made, there needs to be greater encouragement for collaboration and most importantly, there has to be a tolerance for failure. Stats for Inspiring Innovative Culture Trending: Older & Average
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Comparison Set: 5 similar articles, including: the future of innovation, innovation from laziness, and reverse innovation.