BizSugar.com › Management › How To Encourage Innovation: Collective Decision-Making Vs. Traditional Company Hierarchies

‘Innovation’ is one of the buzzwords of modern business. In a world that’s constantly evolving, companies have to be able to keep up with ever-changing trends, in terms of not only what their customers want, but the sort of working environment their employees expect. Indeed, in order to attract top talent and propel yourself to the pinnacle of your chosen industry, you have to be adaptable, flexible, and, above all, innovative.