Foster your Innovative Potential

Common Challenges

1. Remaining Competitive

84% of Executives believe innovation is critical to the future success of their organizations

2. Maximizing Success

94% of Executives are dissatisfied with innovation in their organizations, and 95% of product innovations fail

3. Capitalizing on Innovation

Organizations that successfully innovate have 11% higher revenue and 22% higher EBITDA than organizations that do not

How Network Centrality Can Help

1. Identify Channels

Identifying the workflow and communication channels where new ideas can emerge and develop

2. Stimulate Creativity

Fostering a collaborative environment that stimulates creativity and innovation

3. Replicate Practices

Replicating innovative practices across the business

A highly customised survey

Using a short survey, and powerful data analytics, Network Centrality maps the collective relationship resources between individuals and teams. This computational analysis is visualized in graph form and measures the strength of each person’s role within the network.

Survey

Imagine that we have 18 R&D employees of a manufacturing organisation struggling to collaborate effectively and innovate. How might Network Centrality identify and break down the silos impeding creativity and innovation?

Rating

Employees would be asked to rate each colleague on the level of collaboration for product development.

What might we find?

Many organisations show silo effects between teams, and managers can often inadvertently act as information bottlenecks. Silos stop knowledge, skills and information transfer between different individuals and different teams, stifling innovation. In this illustration, the specialist engineer teams are operating in silos, and the project managers are inadvertently maintaining the silos by bottlenecking knowledge transfer.

Potential Solutions

Communication Platform

We would establish greater use of communication platforms and channels. This would allow and encourage the specialist engineers in each team to communicate more frequently and develop useful professional relationships.

Knowledge Sharing Meetings

We would monthly knowledge-sharing meetings for specialist engineers to discuss projects they were working on and issues they were facing, thereby allowing them to hear others’ perspectives and gain access to knowledge they were not previously aware of.

Promote Collaboration

We would encourage project managers to facilitate collaboration between specialist engineers to prevent inadvertent bottlenecking of innovation, knowledge and skills sharing between teams.

Cultivating Innovation