Last Monday, 9 April, CBi founder and president Cathy Huang led a workshop at The American Chamber of Commerce Shanghai, the largest and fastest growing chapter in Asia Pacific. Cathy’s talk was on successes and failures in innovation training, especially in large companies that are recognizing the increasingly strong relationship between innovation and competitive edge.
The talk touched on 10 key successes and pitfalls in companies attempting to implement innovation training. Most successful innovation training is fostered in an environment that encourages trust, involvement, and multi-layered decision making; aka task ownership. Companies should also embrace opportunities, and be accepting of failure and risk.
After Cathy’s talk, participants split up in groups for discussions centered around three questions:
- How can you develop a customized approach to innovation training?
- How do you create an environment of trust and collaboration?
- How can you encourage the freedom of ideas and turn them into concrete solutions?
The discussions were lively, and after each group presented their conclusions with the group for further debate. We had some participants from Deloitte, and they were able to share their company’s strategy for culturing innovation. Some discussions were centered around differences between company’s innovation strategies, and comparing and contrasting Western and Chinese management policies.
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