Foundations that will succeed in innovation are those that intentionally engage in a process to develop innovations as a regular part of doing business.  This means that:

  • Top leaders – especially the CEO – serve as champions for innovation;
  • The foundation believes that everyone can become innovative;
  • The foundation is willing to regularly identify, test, pilot, and implement innovative ideas;
  • The foundation adheres to prudent risk tolerance.

Innovation can be an investment in something new or significantly improved.  When you nurture an environment where everyone has the capacity to be an innovator, the capacity of what you can accomplish is significantly improved too.

Read the full article about inovation by Kris Putnam-Walkerly at Putnam Consulting Group.