Chartered Management Institute's (CMI) latest research report, published in partnership with NESTA and City University, explores the changing role of innovation in the recession.
It shows that managers are committed to more innovative ways of working - 70 per cent say the recession will reinforce their focus on innovation - yet it warns of distinct challenges ahead. A lack of resources is the biggest barrier that managers face, but many report that the recession will reduce the available resources for innovation.
The report concludes with key recommendations to help you promote innovative working in your teams and organisations. They highlight the importance of being open to change and of making time for new ideas - and of making the most of the finding that innovation is best achieved through team efforts.
The 30-page summary report can be downloaded - free of charge - from CMI's website, at www.managers.org.uk/innovation
WMQC is an approved CMI Centre accredited to deliver the Institute’s management development programmes and qualifications. Details of WMQC's suite of CMI qualifications can be found here.
