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Holiday Greeting - Food for Thought at Your Labor Day Picnic

| August 26, 2015
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Workers are essential to innovation and success. According to the London School of Economics (LSE), they’re a source of ideas for new products, new services, new approaches to work, and new business models.1

Worker-led innovation must be nurtured by organizations. It requires a workplace environment that frees people to do more than they’re being paid to do. The LSE report suggested workers need:

Innovation time: Give time for creative thought 
Broad roles: Help employees see the bigger picture and make connections
Competitions and contests: Stimulate action and innovation
Open communication: Encourage collaboration and influence direction

How important is it to foster a creative environment at work? A 2014 Forrester study found, “…companies that embrace creativity outperform peers and competitors on key business performance indicators including revenue growth, market share, and talent acquisition.”2
 
We believe our clients are a force for change and innovation, too. If you have suggestions, please give us a call. We’re always interested in what you think. 

Sources: 
1 http://www.london.edu/faculty-and-research/lbsr/employee-led-innovation#.VcT_3YseWJU
2 http://cooperatie-wow.nl/wp-content/uploads/2015/02/Forrester-creative-dividends.pdf
This material was prepared by Peak Advisor Alliance. Peak Advisor Alliance is not affiliated with the named broker/dealer.
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