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Today's advice comes from Harlem Children's Zone CEO Geoffrey Canada's interview with the New York Times: "You have to drive folks to innovate. The tendency in lots of large organizations is to try and find a comfortable place where you think you can get measured rewards for measured work. In other words, they say to themselves, 'I know how much I’m going to get if I do this much, and then my life is in balance.' I just don’t think you get a lot of innovation under those circumstances." Canada, whose organization serving poverty-stricken families in New York's Harlem neighborhood brings in $75 million in revenue annually, says that part of that innovation method is creating a culture in which your employees are willing to take risks. That's how you keep ideas and programs fresh, he says. But if something gets stale, or it doesn't work, you have to be willing to redirect your efforts, too. After you've seen a project through, if it's not delivering the landmark results you figured it would, admit you need to refocus, Canada says. Part of that is checking up on the ideas you've already implemented to make sure they aren't growing stale, he adds. Aside from fostering new innovations, it's important to monitor the features you already have in place, because they need to stay relevant and useful in order for your operation to stay afloat. Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email. Please follow War Room on Twitter and Facebook. | | | | | | | |
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