BCBusiness

October 2023 – Boarding School

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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ISTOCK 20 BCBUSINESS.CA OCTOBER 2023 M edium and large companies often struggle to be inno- vative. Senior leaders will say what they believe are the right things, such as "let's be more like Apple" or "let's think and behave like a startup." But inno- vative behaviours and outcomes often don't follow. In my experi- ence, this lack of success often boils down to three factors: • Innovation is only seen as massive in nature. • Moonshot innovation isn't properly supported. • Everyday innovation isn't understood and developed. INNOVATION COMES IN ALL SHAPES AND SIZES Many corporate leaders and employees associate the word innovation with large-scale invention. This leads many employees and managers to assume that they cannot influ- ence innovation at their com- pany—that innovation must be a mandate or special project sponsored by the executive team. In truth, innovation can be achieved in two forms: via an executive-sponsored moonshot project, and also through ev- eryday innovation that is prac- tised by employees at all levels. I use the term everyday innova- tion to refer to the ideation and implementation of any small but meaningful change. This could be a process improve- ment that makes workflow more efficient, a reduction in documentation requirements that makes your customers happier or adopting a practice that humanizes meetings and elevates inclusion among your employees. The companies that pursue everyday innovation I N T O T H E F U T U R E Change Your Mind Why innovation often fails in larger companies and how it can be harnessed effectively ( the informer ) by Josh Blair Josh Blair is the co-founder and CEO of Impro.AI and the vice-chair of Telus International including Telus Interna- tional, Telus Health and Telus Agriculture. EVERYDAY INNOVATION MUST BE UNDERSTOOD AND DEVELOPED The easiest part of everyday innovation is being a forward- thinking leader and encourag- ing your employees at all levels to innovate through the identi- fication and implementation of small but meaningful changes. However, this alone will not yield the results you are hoping for. You must complement your supportive leadership style with helping your employees understand, learn and practise everyday innovation. Understanding can be achieved through the dis- cussion and celebration of examples, such as those I cited earlier. Learning can be achieved through several means, like courses or micro- coaching programs, and it must focus on the fact that in- novation is formulaically the multiple of creativity and cour- age. Creativity, counter to the prevailing view of many, can be learned. The final ingredient is practising innovation, and this is where courage comes in. Leaders must create an environment that encourages thoughtful ideation, experi- mentation and mistakes. Only then will employees develop the courage to speak up and pursue everyday innovation. GETTING STARTED Whether you are an executive or a frontline leader, I encour- age you to put some of these ideas into practice. Don't worry about getting it all perfect out of the gate; rather, pick one practice, get started, make mistakes, learn from them and continuously improve. After all, this is what innovation is all about. £ in equal measure to moonshot innovation will be the ones that survive, and ultimately win, in the years ahead. MOONSHOT INNOVATION MUST BE STRUCTURALLY SUPPORTED One of the best business analy- ses that I've ever read is "The Ambidextrous Organization" by Charles A. O'Reilly III and Mi- chael L. Tushman. They argue that ambidextrous organiza- tions are successful at moonshot innovation because they "sepa- rate their new, exploratory units from their traditional, exploit- ative ones, allowing them to have different processes, struc- tures and cultures." In other words, moonshot divisions or projects can't be held to the same rules as mature organiza- tions, rules such as restrictive cost controls, hiring practices, marketplace experimentation rights and the like. Rather, they need to be structurally support- ed to rapidly experiment, fail, learn, try again and so on until they ultimately discover what success looks like for them. During my 28 years and counting with Telus, this ap- proach has served us incredibly well and has led to the creation of several new companies that are key to the corporation's current and future growth,

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