How does innovation work in your company? Is there a set budget for it? Are there guidelines and projects and status meetings around it? How about results?
If your organization has spent a mini fortune on innovation and has seen zero results… well, you are not alone.
Across industries, one survey after another has found the same thing: Despite all their spending on innovation, businesses just aren’t getting the impact they want.
Why?
It’s mostly because every organization has certain day-to-day routines. And usually, these small routines and rituals stifle innovation.
This is a major challenge in most organizations, and BEANs are one way to hack this problem.
What’s a BEAN?
According to the Harvard Business Review article ‘Breaking Down the Barriers to Innovation’, a BEAN is shorthand for behavior enablers, artifacts, and nudges.
Basically, BEANs are tools, processes and interventions that help people change their behavior and reinforce new behaviors.
So, if your organization is struggling with innovation, change or digital transformation, try creating these little interventions or BEANs that will serve as constant reminders to implement the desired behavior.
Successful BEANs typically are:
In the coming weeks, we will continue discussing innovation and behaviors that encourage innovation in the organization.
Meanwhile, if you would like to know more about how ConvergeHub can help you drive innovation in your organization without increasing the cost,talk to us.
Or, if you would like to check it out yourself, go ahead and create a free ConvergeHub account here.