Acceptance of Failure
Establish a business culture where failure is broadly accepted and is a central element leading to new product or service development, geographic expansions or new business models in the future.
Broad Involvement
Cross-generational work and idea development is very important. Involve all employees – and particularly the rising generation – in the idea generation process.
Honest Values System
There must be an honest value system in place, with innovation at the core. Promote and reward the ability to adapt positively and constructively to change and innovation at every level of your business.
