68 Encourage creative people…

Creative Gorilla #68 If you are careful about the rules and policies you set, you can help stimulate innovation… “As innovation is hard to micromanage, the best policy is to attract smart people and get out of their way!” Edward L. Glaeser ~ Glimp Professor of Economics and director of the Rappaport Institute at Harvard University   Are you getting out of the way of your smart people? Taking a paddle on the Internet recently (at my line speeds it’s hardly surfing), I found an article in the Boston Globe by Edward Glaeser, a Profeesor of Economics at Harvard University. In the article he outlines how Massachusetts might reinvent itself again and how the state government could help or hinder this. His driving idea is that the government should have policies to attract smart and talented people and then get out of their way so that they can innovate. Unfortunately recent government policy has had the reverse effect. They introduced onerous business regulations that deterred organisations from setting up in the state and heavy taxation for high earners, which drove them away. It reminded me of a workshop that I ran which we designed to encourage individuals to be more innovative. It was a young, enthusiastic and talented group and a significant number cited company rules and bureaucracy as a deterrent to their innovation, this in a company that positively encourages innovation! So If you work in an organisation, it probably invests a great deal to attract, keep and develop talented staff. Unfortunately, it doesn’t cost much to set up the needless rules and policies that then drive them...