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Organizational Development

3 Requirements for Innovative Teams

The key elements that need to be prioritized to generate a culture that boosts real innovation.

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Sara Pedraz
Dec 09, 2019 • 5 min read
4.73 (11)
Innovation
Collaboration
Psychological Safety
Diversity
Disruptive Innovation
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Summary

How can we create an innovation team that can deliver value and that knows how to work in the different business lifecycle stages? Sara Pedraz highlights three requirements for creating innovative teams that accelerate an organization to achieve its goals. She notes that Innovative teams are balanced teams that explore crazy moonshot ideas while continuously reflecting upon them. Some of their protocols entail collaboration and coming up with solutions to produce satisfactory results. Let's read to find out more.

Takeaways

  • Innovative teams are balanced teams that explore crazy moonshot ideas while continuously reflecting upon them.
  • Innovative teams collaborate and benefit from their diversity: they communicate when conflicts emerge, come up with solutions, and fail until they arrive at a satisfactory outcome.
  • Teams are one of the factors that Venture Capital firms value the most than ideas when it comes to investing in a company. In most cases, even the best ideas fail to deliver value if not executed well.

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