key to success

Everyday Innovation report

Private, Public and Third Sector Recognise Innovation as Key to Success

A new report published by the National Endowment for Science, Technology and the Arts (NESTA) shows that the recession has prompted organisations to make innovation a priority to meet the demands of an increasingly competitive marketplace and return them on a path to growth. The report, Everyday Innovation – How to enhance innovative working in employees and organisations (PDF) includes results from a survey carried out for NESTA by the Chartered Management Institute (CMI) on 850 managers in private, public and third sector organisations. It found that 78% of organisations considered innovation important in terms of improving their products and services and 70% said that their focus on innovation has been reinforced. Over half (58%) of all respondents said that the importance of inno... »