An asset is defined as “a useful or valuable thing or person”. The problem in business is that most leaders forget about the person aspect of this definition. Business leaders typically focus on tangible or intangible assets that the firm owns. Most assets that are front-and-center within day-to-day business are inventories, buildings, equipment, patents, copyrights, or financial assets such as stocks or bonds. However, this limited perception ignores the most valuable corporate asset; every, single employee.
Building an Innovative Ecosystem
To create an innovative ecosystem it must start at the top. It also requires every employee to develop new ideas for continuous improvement in all areas of the business. Leaders need to move past the status quo and find ways to improve the business while keep competitors guessing and customers loyal. Ignore fads, and focus on systematic and disciplined innovation to transform your employees and organization.