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Top 5 Strategies for Inspiring Innovation Among Staff Members

Top 5 Strategies for Inspiring Innovation Among Staff Members

A recent Robert Half survey finding 35 percent of chief financial officers felt a lack of new, fresh ideas was the major roadblock to their company becoming more innovative. The following strategies from the staffing firm can help finance executives to foster innovation among their teams.

1. Work with the entire team. Employees will feel more comfortable sharing ideas if they feel part of the culture and directly responsible for the overall success of the business.

2. Improve brainstorming activities. Discourage team members from putting down ideas and show support for "blue-sky thinking," Robert Half notes.

3. Give employees a break. Offering a strong work-life balance to staff members gives them more of an opportunity to come up with business-changing ideas. Overworked employees will feel that they do not have time to think outside the box.

4. Encourage collaboration over competition. While a competitive environment can boost productivity, reminding staff members that they are all part of a team can make them work together to come up with new innovative ideas.

5. Tear down bureaucratic walls. If employees feel their ideas will not simply get lost in the shuffle, they'll be more likely to pitch their viewpoints.

These tactics become even more important with the role of the CFO shifting to incorporate human resources and overall strategic decisions.