Creating the space for innovation in lean times

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April 29th, 2013

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More than a third of managers surveyed in Roffey Park’s annual Management Agenda 2013 reported that a focus on innovation is a key strategic priority for the future. At the same time, nearly two-thirds reported that doing more with less is the main challenge facing their organisation, and a half reported that seeking or implementing efficiency savings is a key strategic objective for the future. Having survived austerity, and with the green shoots of recovery seemingly beginning to slowly emerge, organisations are turning their focus to future growth and see the capacity to innovate as a key driver of growth.

At Roffey Park, we are in the early stages of a research project investigating how organisations have responded to austerity and recession, and in particular how their capacity and capability to innovate has been supported. And as we enter a period of fragile economic recovery, and surviving organisations look to long-term sustainability, how are they planning to develop and support innovative capacity and capability? What are the implications for the development of people, teams and organisational culture? What are the barriers to developing innovative capacity, particularly in what is still a challenging time for many? And how are these barriers being overcome?

The first phase of our research is currently underway, and we have held exploratory discussions with leading organisations with a focus on innovation. We now wish to make contact with other organisations and key people within them who have a story to tell about innovation in their organisation in lean times. The benefits of participating in the research would include the opportunity to:

  • hear about and discuss approaches to innovation with representatives from other organisations
  • reflect on your own organisation’s approach to innovation and how it may be improved
  • network with others who share an interest in and passion for innovation
  • share good practice and experiences with a wider audience through a programme of dissemination

If you feel your organisation has an interesting story to tell, or you have some experience or good practice you would like to share, please contact me by email or on 01293 851 644 if you are interested in contributing to our research and would like to discuss in more detail what it might involve.