In the news: Three ways to create innovative leaders

Further to my recent post about the huge focus in India and China on developing innovative thinking and the subsequent need for Australian organisations to be highly innovative to stay ahead of the international pack, here’s an interesting related article from the USA’s CLOmag on how your organisation can create innovative leaders – cheers, Sam…

Top view of a business meeting in progress

To build innovation capabilities, CLOs should address the challenge on three levels: building individual skills; helping teams innovate new products, processes or business models; and building systemic capabilities for the whole company.

By: Michael Lurie – Chief Learning Officer Magazine

What do Amazon.com, Apple, GE, Google, Disney and Tata have in common? They all have remarkable long-term performance track records — and they all regard innovation as central to their success.

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In the News: Innovation is the key to a properous future

This morning I was reminded of an item on ABC radio about the way Australian companies can remain profitable in an increasingly competitive global market.

The unquestionable truth is that we simply cannot compete with countries like India and China when it comes to cost of manufacturing/production…indeed, we lost that race many years ago.

However, western countries/companies still (just) lead the field in terms of innovation, and if your product or service is one (or more) steps ahead of the competition from overseas, buyers will typically allow for the extra costs associated with production.

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From me (and ‘In the news’) – Innovation is the key to a prosperous future

I was listening to ABC radio again yesterday evening and there was a very interesting (I use the words ‘very interesting’ a lot don’t I…apologies for that) item about the way Australian companies can remain profitable in an increasingly competitive global market.

The unquestionable truth is that we simply cannot compete with countries like India and China when it comes to cost of manufacturing/production…indeed, we lost that race many years ago.

However, western countries/companies still (just) lead the field in terms of innovation, and if your product or service is one (or more) steps ahead of the competition from overseas, buyers will typically allow for the extra costs associated with production. Continue reading

In the News – Innovation challenge with $70,000 in prize money

 

The Australian Newspaper along with Shell are running a challenge to find Australia’s most inspiring innovations and are offering $70,000 in prize money. There are seven categories (so I’m guessing there’s $10k up for grabs for each category) including ‘education’ so it would be wonderful to see someone from the L&D/OD community win a prize (as well as gain some recognition of course!). You’ll have to be quick though as last date for entries is the 12th of October.

The blurb on the Australian newspaper’s website says… Continue reading