Innovation

A culture of creativity and innovation in business is driven from visionary leadership and exploiting flashes of inspiration

Innovation – whether defined as the introduction of novelty or change, modernism, modernisation, improvement or originality – can bring significant competitive advantages through the introduction of new materials, processes or designs.

Research suggests that “manufacturers that develop radical products and processes have the greatest potential to realise a step change in competitiveness and financial performance”. The Manufacturing Foundation, Innovation Essentials (Aug 2003).

Through collaboration with Universities and organisations able to invest in innovation, research and development, businesses can see increased economic return.