Encourage employee-driven innovations

In a world that is becoming increasingly competitive as companies invest in research and development (R&D), evidence abounds of employee-led innovations that have catapulted various organisations to global fame.

Whereas companies typically appoint well-paid specialists with titles such as Business Growth or Product Development Managers, such specialists are usually a very small percentage of the overall workforce and it’s often the people closest to the front line who know better than anyone what works, what can be improved and how effective changes can be made to reduce the cost of production.