Characteristics of Innovative Organisations Term Paper

Characteristics of Innovative Organisations - Term Paper Example Organizations that have strong visions are more capable of appreciating and utilizing people's creative talents. With a strong vision comes a better focus on the long term outcome. This enables the company to devise different creative and innovative ways to reach that outcome. True vision is defined as the ability of the organization to create a strong future from nothing. It is a fact that all the organizations have a past and a history. Strong vision enables the company to have a strong future irrespective of the past. That is why having visionaries are the most important feature of such innovative organizations (Donna, Prestwood & Schumann, 2003). Because they can create such a vision or redefine an old vision that can bring success to the organization. They are not dictated by the past and history of the organization but on the other hand that does not mean that they neglect this factor completely. They learn from the mistakes of the past and try to improve their methods and prac tices. Innovative organizations are constantly looking forward to re-inventing themselves in a very flexible manner but without losing the necessary focus. They are constantly driven by their vision of the future and they continually push forward to achieve this. They are very proactive in nature. They like to create their own future rather than react to the future dictated by others around them. Change towards the better is their first priority rather than the last as is the case with most of the organizations around the world (Donna, Prestwood & Schumann, 2003). Innovative organizations try their very best to know their customers. They learn from the needs of their customers and often let this factor dictate their innovation. They increase their innovation and competitiveness to cater to the varying needs of their customers. They are constantly in the process of thinking about their products and changing them.