Why Innovation is a People Problem (and how to fix it)

Innovation isn't just about having the latest tech or the biggest budget. 

It's about people.

A recent HSBC UK survey found 81% of business leaders say there is a clear link between innovation and growth .. and 63% said that having the right people is one of the biggest enablers of innovation.

Often, companies focus on the tools but neglect the team. Here's a breakdown of why innovation struggles and what you can do about it: 

Lack of diverse perspectives.

Innovation requires different viewpoints. 

===>Hire people who challenge the status quo. 

Fear of failure. 😟

Encourage a culture where failure is part of the process.

===>Celebrate failed attempts as learning opportunities. 🎉

Siloed departments.

Break down barriers between teams.

===>Foster crossfunctional collaboration. 

Inadequate training. 📚

Invest in continuous learning.

===>Equip your team with the skills they need to innovate. 

Leadership bottlenecks. 🏔️

Leaders must be facilitators over gatekeepers.

===>Empower your team to make decisions. 

If you want to drive true innovation, start with your people. Comment below or on LinkedIn with your biggest innovation challenge.