Question

Which of the following are among the seven methods of fostering innovation?

1) Institute the necessary human resource policies, practices, and procedures
2) Create an innovation strategy
3) Create a climate of employee complacency
4) Establish the required structure and processes
5) Get commitment from top managers
6) Establish a firm hierarchy, with mechanisms of control at all levels

Answer 1

To foster innovation, it's important to institute proper human resource policies, develop an innovation strategy, establish necessary structures and processes, and secure commitment from top managers. A climate of employee complacency and rigid hierarchy are typically not associated with encouraging innovation.

Step-by-step explanation:

The seven methods of fostering innovation primarily focus on creating an environment conducive to creativity and progress. Among the listed options, the following are recognized as part of the innovation methods:

• Institute the necessary human resource policies, practices, and procedures
• Create an innovation strategy
• Establish the required structure and processes
• Get commitment from top managers

On the other hand, creating a climate of employee complacency and establishing a firm hierarchy with control at all levels are generally not considered to be conducive to innovation. These practices can stifle creativity and risk-taking, which are essential components of the innovative process. In contrast, building a workforce that is adaptable, empowered, and encouraged to contribute new ideas is key to fostering innovation.