(Story originally appeared in the HR Gazette)
The majority of employees think their bosses don’t encourage new ideas at work, according to a study published in Harvard Business Review. Ultimately this leads to potential revenue loss and a higher turnover rate. In the latest episode of the HRchat show, we hear from Dr. Laura Hamill, Chief Science Officer at the Limeade Institute, about how encouraging creativity leads to higher retention rates, employee engagement and overall wellbeing.
Employee engagement platform Limeade has seen this play out; their program helped industrial giant Stanley Black & Decker shift their culture from “traditional manufacturer” to the company that “thinks outside the box.”
Several factors can contribute to a business’ slip into the innovation-less doldrums, from fearful mindsets to budget constraints–but there are strategies that will help leaders get ahead of it, and build a culture that supports innovative ideas.
Laura Hamill leads the People Team at Limeade, and is also the founder and Chief Science Officer of the Limeade Institute, which conducts proprietary research, establishes market points of view and keeps a pulse on the latest employee well-being and engagement trends.
Laura earned her Ph.D. in industrial/organizational psychology from Old Dominion University and a B.S. in psychology from the University of North Carolina, Chapel Hill.