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What do you do if your team managers struggle to identify and develop talent for driving business innovation?

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When your team managers find it challenging to spot and nurture the individuals who could be the powerhouse for business innovation, it's time to take a step back and reassess your strategies. Business innovation isn't just about groundbreaking ideas; it's about creating a culture where those ideas can be recognized and developed. The ability to innovate is what sets successful companies apart, and it starts with having the right talent in place. If your managers are struggling in this area, it's crucial to provide them with the tools and knowledge they need to succeed.

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Hamilton Feijó

Economist | 100X ?? Linkedin Top Voice | Innovation and Strategy Specialist | Business Manager | Corporate Social…
Scott Emmons

Innovation leader driving customer-centric solutions

1 Assess Skills

Managers need to begin by conducting a thorough skills assessment of their teams. This means going beyond the basic job description to identify unique talents and areas for growth that can contribute to business innovation. Encourage managers to have one-on-one conversations with team members to discover hidden skills and aspirations that could be aligned with innovative projects. It's important to create an environment where employees feel comfortable sharing their ideas and ambitions.

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Jeeva Sanjeevan

Director at BrandScent | Merging Clinical Expertise with Fragrance Innovation ?? | Award-Winning Scent Marketing Specialist | Featured on Shark Tank ?? | Elevating Corporate Brand Experiences
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1.Skill Surveys: Implement a simple survey asking employees to list their skills, hobbies, and any side projects they’re passionate about. 2. Innovation Workshops: Host workshops where employees can pitch innovative ideas or solutions to existing problems. 3.Skill-Based Challenges: Set up competitions around relevant business problems.

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2 Training Programs

Investing in training programs that focus on innovation and creative thinking can greatly enhance a manager's ability to identify and develop talent. These programs should not only cover the latest trends in your industry but also teach techniques for fostering a culture of innovation within a team. Managers will learn how to encourage risk-taking and how to handle failure as a learning experience, both of which are essential for innovation to thrive.

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Hamilton Feijó

Economist | 100X ?? Linkedin Top Voice | Innovation and Strategy Specialist | Business Manager | Corporate Social Responsibility |
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Looking at my experience, by offering training in behavioural interview techniques and competency assessment, managers can improve their talent identification skills. In addition, training programmes on creative leadership and change management can enable them to develop the potential for innovation within the team.

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Jeeva Sanjeevan

Director at BrandScent | Merging Clinical Expertise with Fragrance Innovation ?? | Award-Winning Scent Marketing Specialist | Featured on Shark Tank ?? | Elevating Corporate Brand Experiences
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1. Risk Management Training: Programs that teach managers how to effectively encourage risk-taking among their teams, along with strategies for managing and learning from failures. 2. Industry Trend Seminars: Regular seminars or webinars on the latest trends and technologies in your industry. 3.Design Thinking Sessions for Product Development: Implement design thinking workshops that involve cross-functional teams.

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3 Mentorship Culture

Creating a mentorship culture can be a game-changer for talent development. Pairing experienced innovators with promising talent can facilitate knowledge transfer and provide the guidance necessary for growth. Encourage managers to identify potential mentor-mentee relationships within the organization that can help less experienced team members develop the confidence and skills needed to contribute innovative ideas.

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Scott Emmons

Innovation leader driving customer-centric solutions
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Mentorship is a powerful catalyst for building a culture of innovation. Mentoring your team and colleagues not only leads to a richer set of ideas but also builds the lines of communications and cooperation required to pull off complex innovation pilots and projects. The Mentorship mindset can (and should) even extend to your vendor partners. This is especially useful for building relationships and collaborations with startups who have a great ide but little real world experience in your industry/vertical.

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4 Feedback Loops

Establishing effective feedback loops is critical for continuous improvement and talent development. Managers should be trained to provide constructive feedback that not only addresses areas of improvement but also recognizes and encourages innovative efforts. Regular feedback sessions can help employees understand their progress and stay motivated to push their boundaries and contribute to business innovation.

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5 Performance Metrics

To ensure that talent development is aligned with business innovation goals, it's important to integrate innovation-focused metrics into performance evaluations. Encourage managers to set clear expectations around innovation contributions and to measure outcomes based on those expectations. This will help employees understand the value of innovation within the company and strive to meet those standards.

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Scott Emmons

Innovation leader driving customer-centric solutions
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Innovation is a team sport. Performance metrics help provide focus and guidance for managers to elevate the importance of innovation in all their interactions with their reports and not just an add-on. Many managers work with a “if it can’t be measured, it can’t be managed” mentality. Performance metrics provide the ruler to motivate innovation mindsets that align with the organization's goals.

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6 Collaboration Tools

Lastly, providing your managers with the right collaboration tools can facilitate the sharing of ideas and foster a culture of innovation. Tools that enable seamless communication, idea management, and project tracking can help teams work together more effectively on innovative projects. Ensure that managers are trained on how to use these tools to maximize team potential and drive business innovation.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What do you do if your team managers struggle to identify and develop talent for driving business innovation?

1

2

3

4

5

6

7

1 Assess Skills

2 Training Programs

3 Mentorship Culture

4 Feedback Loops

5 Performance Metrics

6 Collaboration Tools

7 Here’s what else to consider

Business Innovation

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What do you do if your team managers struggle to identify and develop talent for driving business innovation?

1

2

3

4

5

6

7

1 Assess Skills

2 Training Programs

3 Mentorship Culture

4 Feedback Loops

5 Performance Metrics

6 Collaboration Tools

7 Here’s what else to consider

Business Innovation

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