Alan H. Litwin | Kahn, Litwin, Renza & Co. Ltd. managing director
Thomas Edison once said, “There’s a way to do it better … find it.”
It’s no secret that times are changing and in order to survive in business we must continually try to find ways to differentiate our company, provide excellent client service and hire the best talent in the industry.
While we see creativity blossom every day in our four offices, we had the rare chance to see the KLR team’s innovative, “break the mold” personalities take the spotlight at our annual firm Summit at Gillette Stadium this past month.
During the summer, we initiated an internal “Shark Tank” competition, and had 13 teams pitch their client-service and business-improvement ideas to our executive committee. We chose three finalists, and these individuals pitched their ideas to their colleagues (250+) at the summit. All colleagues were then asked to vote, in real time, on the most innovative pitch and idea.
This spotlight on innovation has shown us just how important it is to invest in our employees’ ideas, which is why we’ve decided to create a “Waves of Innovation” committee, through which colleagues can meet and discuss ideas to better our business. There will always be a better way to do something. As famous Shark Tank investor Kevin O’Leary says, “Nobody has a monopoly on good ideas.”
New ideas, the innovative spirit and talent are the key components to take any company to the next level of growth. As a leader, you just have to find them.