Reducing arbitrary rules in order to stimulate innovation is an important part of the equation, but it looks very different in different organizations and industries. As a leader, work toward eliminating these rules as best as you can, while encouraging innovation through stimulus, prototyping, and self-confidence.
It's simple, let people try out their ideas. Not just create them, but actually try them out. You see, employees need a balance of simulation, prototyping, and self-confidence in order to be comfortable with pitching and trying out new ideas.
This is where the innovation equation comes in. The innovation equation states that innovation equals stimulus times prototyping times self-confidence divided by arbitrary rules.
Digital transformation is revolutionizing every major industry, creating opportunities for differentiation and growth for those who use digital technologies to change how they do business, and challenges for those that are slow to respond. Digital transformation is a term used to describe how digital technologies (like cloud, artificial intelligence, mobility, cryptography and collaboration) are becoming key enablers for transforming relationships with clients, business processes, how users work and even business models.
How it work
Stimulate Innovation by Acting on and Rewarding Successful Ideas. Implement good ideas that you believe will improve the flow of things. ... When people see their ideas in action, actively improving the workplace, they will feel more integrated into the team. Reward the winning team whose ideas have been put to work.