Pankaj Deshpande

Innovation is the bulb that will light the future of an organization. If a company wants to foster and prosper, organizational innovation should be the topmost priority in their business model.  According to a survey by Gartner, around 91% of marketers, 91 percent of marketers lead and support innovation initiatives. Innovation helps in saving resources which include time and money. These innovation principles give a competitive advantage to an organization over the companies that are already prevailing in the system. Some ways to foster the application of principles of innovation in an organization are:  Create room for innovation: To promote organizational innovation , a company must rise above the conventional resources and processes existing in the organization. A person should not conform to the existing procedures used as it would limit growth. By pushing the boundaries of a person and adopting the culture of innovation, employees would achieve the best to their abilities.  Embra