Thursday, September 18, 2014

Innovation at Work: Promoting Creativity Among Your Accounting and Finance Team


IMA
September 2014

Innovation at Work: Promoting Creativity Among Your Accounting and Finance Team

Albert Einstein once said, “No problem can be solved from the same level of consciousness that created it.” These words are relevant not only to physics, but also in accounting jobs. In a business climate where competition is stiff and nothing stays the same for long, especially technology, innovation at work is crucial to the long-term success of an organization.

But how can you inspire greater creativity among your accounting and finance team? Here are a few ideas:

1. Encourage teamwork. It takes only one person to come up with a good idea, but imagine how much more creative your department could be if everyone put their heads together and fed off each other’s positive energy. It often takes the perspective of several employees to come up with a great plan, shape it, finesse it and make it a reality. Make sure they see creativity as a team effort and all are encouraged to participate.

2. Solicit ideas the smart way. Take innovation at work to the next level by holding “ideation contests” and providing incentives for participation. Some people prefer polishing their plans on paper instead of pitching them spontaneously during a group meeting. Also think outside the suggestion box. Remember how the math professor in Good Will Hunting put up a difficult problem on a classroom blackboard? Bryan Mattimore, confounder of the innovation agency The Growth Engine, suggests something similar, but instead with business challenges on a whiteboard in a public place. Anyone passing by is welcome to contribute ideas and expound on them. This way there’s interaction and collaboration — elements missing in the suggestion-box concept.

3. Get fresh. It happens in every workplace: the same people under the same environments proposing iterations of the same ideas over and over again. To reboot innovation at work, add different variables. Some suggestions:
  • Ask an innovator from another department or branch office to sit in on a brainstorming session.
  • If feasible, cross-train accounting and finance staff so they have a better understanding of other job responsibilities and to get a fresh viewpoint on departmental issues.
  • Bring in a consultant to help brainstorm or even lead a few meetings.

4. Take the scenic route. Leave the workplace behind every once in a while. New surroundings can spur new ideas and unclog mental blockages. Try holding your next team get-together at a park, museum, cool cafe or retreat center. How about a walking meeting? Research has shown a connection between activity and creativity. While you’re leaving the routine behind, also ditch the business dress code for a day.

5. Communicate. A recent Accountemps survey cites lack of communication as the main factor dragging down team morale, which can dampen enthusiasm and innovation at work. Avoid this negative cycle by keeping staff regularly informed on company plans that you are free to reveal. Also let them know how their implemented ideas are driving the company’s success. Positive feedback and recognition feed the creative mind.

Savvy businesses and managers are always on the lookout for ways to do things better, but they can’t do it alone. To inspire innovation at work, make your corporate environment a place where creativity is welcome, new ideas are recognized and risk takers are rewarded.

Accountemps, a Robert Half company, is the world’s first and largest specialized staffing firm for temporary accounting, finance and bookkeeping professionals. Accountemps has more than 340 locations worldwide. More resources, including online job search services and the Accountemps blog, can be found at accountemps.com.

# # #