Page 30 - The 10 Most Innovative Startups in Pune 2019

W hat do all startups that drive growth by embracing strategic thinking, inspiring

creativity and supporting talent have in common? Team collaboration.

Market competition is thick. Startups that embrace inventiveness and creativity rise,
and such innovation happens when leadership and teams unify in pursuit of a shared vision
within a culture that highly values collaboration.

Here are four ways to establish the foundation for collaboration and innovation within your
startup:
ESTABLISH A COMPANY MISSION

Entrepreneurs want their work to have value beyond material gain—and so do employees.
They want to work with meaning and purpose, with the knowledge and confidence that
they’re striving toward defined company goals and objectives.
Does your team have a clear and compelling vision? Inspire engagement and organizational
achievement by establishing firm targets and by painting a vision of your company’s
overarching goal.

PROMOTE A CULTURE THAT ENCOURAGES COLLABORATION,

CREATIVITY AND INNOVATION

With a company vision established, innovation more freely thrives when leaders embrace
and support team forward-thinking and experimentation. As you establish and cultivate your
new business, encourage creativity within your team by investing in inventive initiatives. Most
importantly, be positive, and practice an open-door policy. Communicate openly, and applaud
input from all levels. Listen attentively and give constructive feedback.

EMBRACE COLLABORATIVE TOOLS AND TECHNOLOGY

Our digital age has ushered in a wide variety of collaborative tools entrepreneurs can leverage
to gather, share, develop, enrich and refine ideas. Such tools are important for fostering
collaboration.