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Driving Sustainable Business Performance: Best Practices for Innovation

Join Mindy Wilson, Head of Business Performance Group at CBI, in the Winning Products Seminar on May 18, 2005. Learn how to sustain superior performance across the organization through continuous knowledge utilization and achieve fundamental goals. Discover best practices in innovation and how to actively foster creativity and idea generation while managing risks and failures effectively.

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Driving Sustainable Business Performance: Best Practices for Innovation

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  1. It’s what you do with it that counts Mindy Wilson Head of Business Performance Group, CBI Winning Products Seminar 18th May 2005

  2. World class • The ability to compete with the best in the world through performance sustained by superior practices throughout all parts of the organisation

  3. A way of managing that continuously draws on all available sources of knowledge and experience to deliver a fundamental and sustainable advantage in achieving the organisation’s goals leadership people customers suppliers process improvement innovation performance measurement corporate responsibility Best practice

  4. Innovation • The successful exploitation of (new) ideas • products • processes • services • markets • business models • work organisation • ………………………………………………...

  5. Actively fosters creativity & ideas generation Actively seeks ideas & support from outside the business Recognises connectivity between different disciplines Preparedness to entertain risk & failure Highly skilled employees Knowledge management R &D Technology Design Marketing Integration Innovation culture

  6. Knowledge is power … or is it? • Science is knowledge • power is the ability to do or act • But, it’s what you do that has the potential for real impact Innovation!

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