Four ways to encourage innovation

Here are tips from the four panellists on strategies to encourage innovation.

IMBER: Make your important decisions at the beginning of the day. “The brain has limited cognitive resources to make good decisions and as the day progresses you make worse decisions,” she says. “If you have an important decision to make, do it first thing in the morning.”

SEW HOW: Start with a vision. “What we’re talking about here is creating cultural change and that doesn’t happen overnight,” he says. “You need to get on a soapbox and be the broken tape recorder that plays the same message over and over again.”

BECKETT: Your employees have the best ideas. “Your employees are the people closest to the customer,” he says. “They know what’s happening in the business and have some great potential ideas.”

ARMSTRONG: Travel broadens the mind. “One thing I’d recommend you do before December is get on a plane and go to a conference overseas,” he says. “This year I’m going to Finovate – which is the best place that I find for ideas and finding companies.”

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