2. Innovative firms tend to attract the best people, including creatives and entrepreneurs who
enhance your innovation capability.
A lot of upside here! True creative require special management, people with entrepreneurial talent
are among your best commercialisation assets.
Good governance with a sustainability focus goes hand in hand with innovation.
Accountability and integrity matter.
Effective management of fundamentals underpins systematic innovation capability.
The easiest solutions to the tensions between the mindsets and practices of quality and innovation
are structural, especially when a culture of innovation is not yet in place.
Innovation has to be fed. It requires investment in capability building and funds for fast failures
True, but you will be amazed by the contribution and creativity of your people once you start
Successful innovation delivers significant benefits for companies and customers.
The benefits can appear as productivity gains, competitiveness, reputation for innovation, a better
place to work, solutions to wicked problems, and more. They are always reflected in superior
financials. The best research, piled ever higher and deeper, proves it time and again.
Innovation delivers far more benefits when shaped by an innovation strategy
After the thinking, debate and analysis; a compelling two page strategy statement should do.
(Megan and Potter, who were looking a little ragged, were rewarded with time off for their after-
* The lists that started the Megan-Potter debate were a decidedly lop sided list called It's all about
innovation brochure [PDF 664KB] published by the Department of Innovation, Industry, Science and
Research in 2012 , and subsequently taken down. So don’t bother to click the link.
* Megan and Potter are fictional characters that appear in Darryl’s blogs; or are they?