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The following article was published in our article directory on February 7, 2017.
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How to Fuel Innovation in Entrepreneurship

Article Category: Business

Author Name: Theodore Henderson

Entrepreneurs are known to be bold, firm, brave and strong-willed risk-takers. One of the risks involved in running a business is the inclination to innovate. Innovation and entrepreneurship are two closely related ideas that when done in harmony, could bring a business to greater heights.

However, climbing to the top isn�t an easy feat. Innovation and success do not happen overnight. It is also not an output of just a single person, either. Innovation and entrepreneurship are products of hard work, collaboration, proper planning, and execution.

Here are 5 integral steps every entrepreneur should know by heart in achieving innovation and entrepreneurship.

Invite ideas.

Inviting ideas in the workplace means letting your employees think beyond the box. This means fueling creativity through letting them know that their ideas are needed, and how the company will succeed if innovative ideas are presented and delivered. This could be done through productive brainstorming sessions, meetings, and discussions among the groups.

Provide freedom in the workplace.

Studies show that the more free time a worker can have, the more productive he or she can be. This is integral in achieving innovation and entrepreneurship. This is because a person who works straight on his desk for hours is likely to get saturated. This is why workers need to take short breaks at regular intervals.

Make some time for ice breakers.

Ice breakers are like an oasis in a desert. It paves the way for a meaningful break, while letting them recharge from delivering their tasks. This could be in the form of some team building activity games, or as simple as inviting everyone to a non-work related leisure pursuit. This way, work doesn�t have to be overwhelming, and your workers get some time to breathe and foster ideas.

Foster deeper relationships among workers.

Collaboration in a team is one of the most efficient ways to propagate creativity and resourcefulness. When workers feel at ease with their co-workers, ideas begin to wander. This is where collaboration among minds take place. Otherwise, if workers are only coming into the office for their tasks, the work will feel monotonous and dragging for them. Innovation begins to happen when workers feel like they are integral to the business.

Deliver change.

In any work or business setting, change is important. It is constantly happening, and is integral for the success of the company. Change in your business, in a good way, is called innovation. This isn�t only restricted to introducing new products to the market, but also involves achieving more efficient processes for your organization.

Innovation starts with an idea, and that idea needs to be fostered, so that it could be executed well. Since innovation and entrepreneurship work hand in hand, as a business owner, it is important to propagate innovative ideas in the workplace through inviting and work-conducive environments. If there is something top entrepreneurs should know, it�s that innovation is the key to the top.










Keywords: Innovation, innovation in business, innovation in the workplace, cultivating innovation in the workplace, innovation and creativity in the workplace, innovation and diversity in the workplace, innovation and entrepreneurship, innovation and older workers, innovation and baby boomers, innovation and millennials, Leadership and innovation

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