The First Step to Human Resource Management Innovation

Taking the first step to Human Resource Management Innovation Whose Responsibility is Innovation? Innovation springs from the minds of creative individuals working in an environment that spawns and encourages innovation. critical importance of innovation today and attract and keep the most inventive people, constantly improving their skills and creating a culture of improvement. HR leaders need to understand the Foster Innovation D Hire There are 3 things that HR Professionals can do to foster Create a Culture innovation: Train & Reward GO AHEAD! Hiring for innovation requires that we identify people who can "think outside the box." Г CV Not everyone is equally innovative. You must support, plan for and nurture an innovation culture for innovation to be successful. - Create a steering committee made up of individuals from different positions, representing different experiences, levels and generations. The steering committee should oversee the cultural change required to create an innovation environment Recruit people who are: willing to consider multiple viewpoints - open to new ideas, new concepts - inquisitive - Complete a cultural assessment to identify the current culture for innovation within your organization as compared to the "ideal" environment. - Identify strategies to close the gap between the present and the ideal innovation culture. These might include a kick-off event to help celebrate the development of the innovation culture. The right rewards system provides a powerful force for reinforcing commitment, directing employee professional growth, and shaping the culture to be more innovative. - compensation strategies - performance management tools - other targeted recognition e reward programs. www.innovationgrow.com HR Survey IBM completed a survey of global HR leaders in 2011. The results showed an agreement among Human Resource leaders that driving creativity and innovation is their number one business challenge, yet only 50% of these HR executives indicated that they are doing anything about it. Similarly, while a majority of 70 percent said HR plays a significant or somewhat significant role in fostering innovation at their organizations, 71 percent said they don't use any screening tools designed to bring in creative and innovative candidates. INNOVATION IS #1 Additionally, 53 percent don't tie performance-management systems to driving innovation and 53 percent don't even have a formalized suggestion system in place. WWW.INNOVATIONGROW.COM