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How to develop a culture of innovation

Jeffrey Phillips, co-founder of OVO, an innovation consulting firm, shares how any company can create a more innovative environment.

Business innovation is a hot topic these days. In a March survey by CapGemini Consulting, two-thirds of respondents said they are working on developing a culture of innovation, and the percentage of leading businesses with a formal innovation role jumped 10 percent.

For entrepreneurs, developing a culture of innovation is a coveted, yet sometimes elusive goal. Jeffrey Phillips, co-founder of OVO, a Raleigh, N.C., innovation consulting firm which publishes the Innovation on Purpose blog, helps a variety of organizations become more innovative. It’s a discipline that’s possible to develop, he says, but it takes time and attention. In this interview with Entrepreneur.com, he weighs in on how any company can create a more innovative environment.

…to read this article in full, visit leading US entrepreneurial resource, Entrepreneur.com

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Entrepreneur.com

Entrepreneur.com

Entrepreneur Magazine has been inspiring, informing and celebrating entrepreneurs since 1973. Entrepreneur.com offers real solutions to the challenges faced by entrepreneurs, including tips, tools and insider news to help build – and grow – businesses.

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