Join Now  |  Member Login  |  Recruiters
Contact Us 800-637-3126
Market Intelligence Market Insights
 
Published on: Wednesday, October 26, 2011

Innovation and the Workplace

Comments (2)
 


There are many ingredients to innovation, and some of the most important are those that define the workplace — culture, mission, leadership and identity.

However, if today's employers view their workforces as static or homogenous resources to be dialed up when opportunity knocks and dialed down when the economic outlook presents unforeseen challenges, they're missing out on the potential of innovation and really failing to recognize all the segments of their employee population.

That's how training professional Jeanne Meister posited the challenge of innovation at the 2011 World Innovation Forum, where ExecuNet exclusively reported for attendees, and how companies might harness its potential if they rethink and recreate the workplace and tap into the interests of employees who, like customers, bring widely divergent work and communication habits to the market every day.

Meister, co-author of The 2020 Workplace: How Innovative Companies Attract, Develop, and Keep Tomorrow's Employees Today and founding partner of the Future Workplace consultancy, outlined three primary forces that are already shaping the 2020 workplace today:

DEMOGRAPHICS
By 2020, Meister projected, there will be five distinct generations of Americans working side by side in the workplace, and that so-called Millennials will represent almost 50 percent of the workforce. "We think age diversity is the newest type of diversity...since individuals across generations have different communication and learning styles," she said. One key consideration for professionals of all ages is that, "If you want to be engaged and employable in the workplace, we have to all adopt a millennial mindset." That means integrating many of the web-based communications behaviors of today's younger workers into your routine, in part because it will become the norm in the workplace of the future.

SOCIAL WEB
Meister believes the emerging social web that connects people and ideas and which promises so much in innovation terms can actually have a big impact on creating and unearthing internal networks inside a company. The question is whether companies can seize on these opportunities to create the right internal dynamics that will allow the social web and innovation to cross-pollinate. To pursue the potential of internal corporate networks, companies have to recognize that there are both benefits and barriers at play:



By 2020, Meister added, "Every organization will have social media literacy training. It will be as common as diversity training and sexual harassment training."

GLOBALIZATION
The number of companies on the Fortune 500 list from emerging countries continues to increase, said Meister, and the business world will have a decidedly different epicenter than it does today. The implications for global workforce managers are huge, and they are tied directly to innovation capacity.

Join Jeanne on October 28th for an exclusive ExecuNet program on preparing for the 2020 workplace.


Share
| More Subscribe


Robyn Greenspan's avatarRobyn Greenspan
Robyn Greenspan is the Editor-in-Chief at ExecuNet, where she is responsible for setting and driving the editorial content engagement strategy across the private business network's publications and expert-led programming. She is also a Huffington Post blogger. You can follow her on Twitter @RobynGreenspan


Add Your Comment
* = Denotes Required field

Name:*

Email:*

Tell us what you do:*

Your Comment:*

Yes, please send me the Executive Insider biweekly newsletter containing insight and news about events to help me plan my career and become a better business leader

 Notify me of follow-up comments






Posted by Top Travel Destinations
11/13 @ 09:09 PM
I observed your blog using google and I must say, this is most likely one of the greatest nicely ready articles I have come across in a long time. I’ve bookmarked your site for more posts.
Posted by Bennet Simonton
10/29 @ 10:02 AM
If an executive or manager wants a lot of innovation, they only have to unleash their employees because as a group their employees have a huge amount of innovation as well as creativity and productivity all of which comes from their brains. It is actually a choice made by employees whether they unleash this power or not. But this decision is controlled by management, actually by how they treat their employees.

What bosses need is simply the capability to listen to the complaints, suggestion and question of employees and respond the "right" way. This will lead employees to become highly motivated, highly committed, and fully engaged literally loving to come to work and able to crush the competition.

In this state, employees will willing unleash their full potential of creativity, innovation and productivity on their work.I did that in four successful turnarounds with precisely those results including huge productivity gains >300% per person.

I admit that the "right" way has a bunch of important guidelines, but it's all about respecting employees by allowing them to put in their two cents whenever they want and taking advantage of their ability to decide what to do, when to do it and how to do it given reasonable support and their natural desire to do a better job.

The autocratic and bureaucratic approach produces the opposite result, the normal one used in businesses today.

I have started a youtube video series on this subject, the first two are up and the third will be in the next couple of days.

Ben
Leadership is science and so is engagement
http://www.bensimonton.com
Page 1 of 1 pages

Featured Video

Recruiter Confidence Index

Recruiter Confidence Slips but Remains Positive

Executive Job Creation Index

Executive Job Creation Remains Positive
Despite Mixed Jobs Market Headlines

Dave's Blog


Lessons learned from and about six-figure leadership and executive career management

Stay Connected

Stay Connected by Email Stay Connected by RSS Stay Connected on Twitter Stay Connected on YouTube
ExecuNet on LinkedIn

Editorial Guidelines

World Business Forum 2011 Featured Blog

World Innovation Forum 2011 Featured Blog

Featured in Alltop