How Innovative Is Your Companys Culture?

Today's executives want their companies to be more innovative. After studying innovation among 759 companies based in 17 major markets, researchers Gerard J. Tellis, Jaideep C. Prabhu and Rajesh K. Chandy found that corporate culture was a much more important driver of radical innovation than l...

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Veröffentlicht in:MIT Sloan management review 2013-03, Vol.54 (3), p.29
Hauptverfasser: Rao, Jay, Weintraub, Joseph
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description Today's executives want their companies to be more innovative. After studying innovation among 759 companies based in 17 major markets, researchers Gerard J. Tellis, Jaideep C. Prabhu and Rajesh K. Chandy found that corporate culture was a much more important driver of radical innovation than labor, capital, government or national culture. But for executives, that conclusion raises two more questions: First, what is an innovative corporate culture? And second, if you don't have an innovative culture, is there any way you can build one? This article addresses both questions by offering a simple model of the key elements of an innovative culture, as well as a practical 360-degree assessment tool that managers can use to assess how conducive their organizations culture is to innovation and to see specific areas where their culture might be more encouraging to it.
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source MIT Sloan Management Review; EZB-FREE-00999 freely available EZB journals
subjects Annual reports
Behavior
Corporate culture
Employees
Entrepreneurs
Entrepreneurship
Executives
Innovations
Leadership
Management science
Managers
Success
title How Innovative Is Your Companys Culture?
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