Monday, December 05, 2005

Spare Time Innovation

There's simply no better way for a firm to become more "innovative" than to instill a sense of the importance of innovation, and follow up that emphasis with changes to the compensation and the culture of the organization.

It's said that Jack Welch has told many audiences - "Show me a salesman's time card and I'll tell you how he is compensated". What Welch means is that people put their time and effort into work that they believe will be valued by the organization and for which they'll be compensated. Sales people spend time with customers when they are compensated for those actions. Likewise, employees within an innovative firm are motivated to participate in innovation because they are 1) caught up in the culture, 2) don't want to be seen as a laggard 3) recognize it's important to the company but most importantly 4) know they can be compensated for great ideas.

Contrast this with many firms I speak with on a regular basis. Most individuals in firms I speak with tell me they are "too busy" to innovate consistently or effectively. They try to do some innovative stuff, but it has to happen around their "jobs". Obviously in these organizations innovation is not taken very seriously. It appears that innovation is some sort of "add on" and not part of a regular business process. Innovation is something you do on your "spare time".

Who's got spare time anymore? All I want for Christmas is one more hour a day to accomplish all the stuff I need to get done. If my firm tells me innovation is important, but that I should spend my spare time on it, nothing will get done around innovation, and it's clear that the senior management does not support innovation as a serious business focus.

How can you tell when they are serious? Not when they: have an executive speak about the importance of innovation, or when they release a press release, or even when they install a new computer system to support innovation. No, you'll know when they are serious when: innovation becomes part of your measurements and objectives, and when the compensation plan changes to reward you for spending time innovating, and when individuals and teams are recognized for innovation.

Spare time innovation is a waste of time and effort. To see if your firm really values innovation, check your paystub, your corporate handbook and your evaluation forms.
AddThis Social Bookmark Button
posted by Jeffrey Phillips at 4:48 AM

45 Comments:

Anonymous Cheap Generic Viagra Online said...

Wow its .......
Nice post.
Keep posting its really Innovative.

9:59 PM  
Anonymous Negocio rentable said...

hello, this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.
Inversiones en petroleo

9:15 AM  
Anonymous how to stay erect said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:06 PM  
Anonymous wisata kuliner bandung said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:06 PM  
Anonymous belajar internet marketing said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:06 PM  
Anonymous delayed orgasm said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:07 PM  
Anonymous delaying ejaculation said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:07 PM  
Anonymous how to last longer in bed said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:07 PM  
Anonymous how to avoid premature ejaculation said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:07 PM  
Anonymous how to prevent premature ejaculation said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:07 PM  
Anonymous how to prolong ejaculation said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:07 PM  
Anonymous Invertir en oro said...

Used. Case is a bit worn but contents in good condition.

9:50 AM  
Anonymous konsultan seo said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:20 AM  
Anonymous asuransi pendidikan said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:20 AM  
Anonymous action coach said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:20 AM  
Anonymous jadi artis said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:20 AM  
Anonymous cara dapat duit said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:21 AM  
Anonymous kerja sama investasi said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:21 AM  
Anonymous coach indonesia said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:21 AM  
Anonymous jajanan bandung said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:21 AM  
Anonymous coklat valentine said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:22 AM  
Anonymous Panduan SEO said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

9:22 AM  
Anonymous konsultan perusahaan said...

I think people fear idea management and innovation because there's a significant number of ideas that simply won't plan out.......Nice statement.....keep posting

10:37 PM  
Anonymous belajar internet marketing said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

10:38 PM  
Anonymous delayed orgasm said...

I think that this post is one of the best that i have read in my life, congrats you did a great job,.

10:38 PM  
Anonymous parcel lebaran said...

the difference between the content spammers and most corporate innovators is that the smaller

10:38 PM  
Anonymous how to avoid premature ejaculation said...

I'm writing to you because I just came across a business that I think has great potential. It lets you save money on almost everything. Make money from almost everything,

10:38 PM  
Anonymous konsultan seo said...

If growth is important to a firm, and if growth is dependent on offering existing products and services to new customers

10:39 PM  
Anonymous tabungan pendidikan said...

innovation is very natural and happens in the "real world" as new plants and animals colonize new ecological niches.

10:39 PM  
Anonymous mengecilkan perut said...

I wonder how you got so good. This is really a fascinating blog, lots of stuff that I can get into. One thing I just want to say is that your Blog is so perfect

10:39 PM  
Anonymous how to teach dogs tricks said...

We generally think most specifically about the risk associated with a new product introduction

10:40 PM  
Anonymous easy way to get pregnant said...

I would be aware that as somebody who really doesn’t comment to blogs a lot (in actual fact, this may be my first put up), I don’t think the time period “lurker” is very flattering to a non-posting reader.

10:40 PM  
Anonymous konsultan perusahaan said...

I think people fear idea management and innovation because there's a significant number of ideas that simply won't plan out.......Nice statement.....keep posting

10:40 PM  
Anonymous belajar internet marketing said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

10:40 PM  
Anonymous parcel lebaran said...

I think that this post is one of the best that i have read in my life, congrats you did a great job,.

10:41 PM  
Anonymous delayed orgasm said...

the difference between the content spammers and most corporate innovators is that the smaller

10:41 PM  
Anonymous how to avoid premature ejaculation said...

I'm writing to you because I just came across a business that I think has great potential. It lets you save money on almost everything. Make money from almost everything,

10:43 PM  
Anonymous konsultan seo said...

If growth is important to a firm, and if growth is dependent on offering existing products and services to new customers

10:44 PM  
Anonymous tabungan pendidikan said...

innovation is very natural and happens in the "real world" as new plants and animals colonize new ecological niches.

10:44 PM  
Anonymous mengecilkan perut said...

I wonder how you got so good. This is really a fascinating blog, lots of stuff that I can get into. One thing I just want to say is that your Blog is so perfect

10:44 PM  
Anonymous how to teach dogs tricks said...

We generally think most specifically about the risk associated with a new product introduction

10:44 PM  
Anonymous easy way to get pregnant said...

I would be aware that as somebody who really doesn’t comment to blogs a lot (in actual fact, this may be my first put up), I don’t think the time period “lurker” is very flattering to a non-posting reader.

10:45 PM  
Anonymous christinetjan said...

this is really a nice reading, thanks for the sharing

6:16 AM  
Anonymous alat ternak said...

thanks for sharing

5:44 AM  
Anonymous cure hemorrhoids naturally said...

It always feels good to come back here. I love it... it's just nice to see a lot of insightful ideas..

2:52 AM  

Post a Comment

<< Home