Tapping Into Silicon Valley Culture Of Innovation

When someone says Silicon Valley, the first thoughts are fast growth, large profit, and constant innovation. Here are developed today’s greatest inventions. Not so long ago, they also were small. But they continuously replace a year or two old devices with the new. Much more advanced inventions. In recent years, tech advancement has been so significant that has completely disrupted businesses and lives.

Many wonder what their secret is? What drives them to be so much better and more innovative than others? The answer is simple — the culture of innovation.

Let’s tap into the Silicon Valley culture of innovation to see how they do it.

Silicon Valley’s culture of innovation

The main strength of tech companies lies in their culture of innovation. They have a constant desire to progress and be better than others, but they also want to surpass themselves, to be better every day. They develop skills, accept the challenge and take the risk. They are always ready for action.

The basic features of the culture of innovation are freedom, creativity, and cooperation. They more appreciate speed than perfection. They develop new products for a few weeks instead of few months as most other companies do. They also make decisions quickly and have fluid communication, thin and flat structure and enthusiastic employees. Today, this is much easier with new digital solutions, such as cloud computing and mobile apps, for example. Imagine what will be possible when artificial intelligence will reach its peak.

Motivation and engagement

Employees in Silicon Valley’s companies have the friendly and pleasant working environment, different stimulation, and other benefits that encourage them to be even more creative. They appreciate benefits that company provides them, and thus they are willing to contribute it with their work and creativity. They are aware that their existence depends on a company’s progress. They see themselves as a part of the company and its success as their success. In this regard, they are highly motivated and engaged in improving the company’s performance by constant innovation.

Competition and cooperation

In innovative cultures, there is also a high competition among employees. To remain employed, employees need to work hard and try to be better than their colleagues. They must achieve high performance and fulfill all requests of managers. However, although they are competitors to each other, they also cooperate among themselves. Innovative cultures foster collaboration and brainstorming, as this leads to better solutions. For example, some companies replaced fixed offices with open space where employees can communicate and collaborate among themselves face-to-face. However, they do not cooperate only within the company, but also to others outside the company, with everyone who can contribute to larger innovation.

Talent development and independence

However, without proper mindset and talented employees, success would not be achieved. Development and attraction of talents are one of the primary sources of innovation. Talented employees expect to have the freedom and to be independent in their work. This stimulates their creativity, but also raises their motivation and willingness for engagement. With adequate training programs focused on developing skills that are in line with technology development, the company contributes both to the development of its employees and to its development.

Risk-taking and disruption

To be innovative, employees need to be willing to take the risk and have a desire to be disruptive. Even if they encounter failure, they see it as a part of the process of innovation from which they can learn. They are led with thoughts that a solution surely would be found. They are experimenting and seek it while they do not find it. Without risk, there would not be a success. Also, the more disruptive innovation, the greater success.

Silicon Valley indeed has made the unique way to accelerate innovation. However, anyone can apply the same approach. Think of people as the main source of innovation and innovations as the main source of the growth. Therefore, motivate your employees, give them the freedom to be creative, but also invest in them and look them as the most important part of your company. After that, nothing can stop you on your path to success.