Innovation drives economic growth. The key to reigniting the American economy is reigniting innovation. Innovation can be fostered, nurtured, encouraged and sustained by our companies and organizations. Innovation is not solely the purview of marketing, sales, service or production. Financial managers can create organizations that thrive on innovation or kill new ideas. They may choose to help develop and maintain practices that nurture innovation, or they can just maintain the status quo. Truly innovative finance professionals provide new, more meaningful and actionable information to all employees.
Learning Objectives
• Recognize the difference between disruptive and sustaining innovation
• Understand how to become more innovative on a personal level
• Determine how to communicate and encourage innovation within your company
Major Topics
• How innovation happens
• Innovation metrics and how to report on innovation efforts
• How the use of technology and other simple techniques can foster and sustain innovation
