Monday, 27 Jan 2020

Are Managers Their Own Biggest Barriers To Innovation?

MENLO PARK, Calif: Companies may be their own worst enemy when it comes to innovation, research suggests. In a new survey by global staffing firm Robert Half, CFOs cited too much bureaucracy (30 percent) and being bogged down by daily tasks and putting out fires (27 percent) as the biggest barriers to innovation.

These obstacles may also have the potential to hinder hiring efforts. In a separate survey, 87 percent of workers said a company's reputation for being innovative is an important consideration when evaluating potential employers.

View an infographic of the survey results.

"Businesses strive to be innovative but all too often get in their own way due to self-imposed barriers," said Paul McDonald, senior executive director for Robert Half. "Organizations need to find a way to let ideas rise to the top quickly and create clear paths to implement them."

Added McDonald, "When hiring, companies should position themselves as innovators and reassure applicants that their ideas will be heard and valued. Top candidates want to be associated with forward-thinking, nimble organizations."

(PRN | 2 years ago)