“Create an ecosystem that encourages innovation at multiple levels”

Rishad Premji, chief strategy officer, Wipro on five ways to foster a culture of innovation

Published 3 years ago on Apr 24, 2019 1 minute Read

Make it easy to fail: Innovation teams today can leverage technology to enable simultaneous micro experiments, reducing the financial cost of failure. The professional cost of failure, however, needs to be addressed. A failed attempt at developing a product or business model should also be rewarded if the learning can help others succeed.