Innovation is forgotten aspect of business! Hackathon enlightens this dark side.
Innovation environment needs to be promoted and nurtured company-wide. It’s also important to put the innovation process in place. As with any part of a business, strategic direction is essential to seeing better innovation results and outcomes. According to Harvard Business Review, todays no longer “Go do the innovation!” is enough. Being innovative for inventors and startup heads is like running a Hackathon every week. Starting from scratch, doing ideation, practicing need statement, presenting solution, making porotype and having a deadline. It is ok to fail. Failure is good step for further success. Enterprise needs hackathon culture, infusing innovation value in the organizational climate. Hackathon culture is open-minded, loose, and collaborative technique and process with all participants pushing toward one goal, solving the specific problem. For example Dr Youseph Yazdi a pioneer in Hackathon and Johns Hopkins Professor said” thousands of technology enthusiasts and others are flocking to a new wave of hackathons created to fight against the coronavirus pandemic”.
Foster a culture of learning and collaboration.
If innovation is as a dark and forgotten side of your business, it’s going to have an uphill battle affecting the vision, the big picture of the organization’s future. Innovating is not only a trend, but also it’s the way to survive and continue your business. You may need to have a mentor to guide you to make innovation strategy.
Your staff may go to the lab or integrate their innovation in different way, it has to be infused into the company’s central function and set the innovative strategic direction and vision. Businesses of all kind now have to adapt to the changing enterprise climate into innovative one which is collaborative, placing more emphasis on teamwork. Your business team should be infused by happiness. Instead of focusing on finding the cheapest way to get the job done, innovative businesses will focus on doing right things right through hunting, cultivating, and keeping talent people.
4 Reasons Why You Need To Focus On Innovation
Look at the 4 reasons innovations is so important, and you will have a better understanding of why you need to innovate every chance you get; 1) Grow in Leaps and Bounds, 2) Stand Out from Competitors, 3) Meet Customer Needs and 4) Attract the Best Talent.( GORDON TREDGOLD, FOUNDER AND CEO, LEADERSHIP PRINCIPLES)