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Foster a culture of innovation: Create a culture that values and rewards innovation. Open innovation – Ideas gathered within an organization as well as through external sources such as vendors, customers, universities, and startups. Offer mentorship and guidance to help them navigate the process.
This third entry in the “Sincerely Sima” Innovation Q&A series provides some tips for fitting innovation into your schedule, whether you’re an employee participating in an innovationprogram, a manager who’s leading one or a senior leader who’s tracking and expecting results.
According to a World Bank report, “a coherent inclusive innovation strategy would complement frontier innovation efforts by improving access to essentials and increasing the purchasing power of the resource-poor while also enhancing income-generating opportunities for BoP members.”
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Culture of Innovation 
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