Communities need to support innovation.

As a community, you need a plan that takes advantage of technological changes and social and economic opportunities. Report after report has highlighted this over the past two decades. You hear politicians talk a lot about the need for innovation. Innovation to make our country more intelligent, economically more robust and can create jobs. But talk doesn’t consistently deliver the desired outcomes.

However, at least one significant barrier in every community holds back the greatest potential flood of positive innovation imaginable.  You are in the age of disruptive innovation, where change and transformation is the key to success. But, unfortunately, academics and governments tend to think in terms of ‘regional development’ and ‘community strategies’.

However, it is the individual choices and actions that are the primary drivers. Without significant capital expenditure, growth and business prosperity changes can only come about through increasing entrepreneurial participation. It requires a catalyst, providing you and your community with endless opportunities. That catalyst involves innovation.

Valuable innovation builds successful towns and villages.

Unfortunately, when people have a problem, few recognise the need for innovative change.  Despite finding it difficult to keep up with the pressures of competition and the new ways of doing business. They put unnecessary pressure on themselves and their business.  This six-step process (See diagram above) will assist you in bringing value and a better focus on innovation for a better future.

The time you invest will be worth the effort. The answers will help you make more informed decisions to get the idea or opportunity off the ground successfully.

The reason why it is so difficult for existing businesses to capitalise on disruptive innovations is their processes and their business model, which made them effective in the past, leave them unable to compete in a new environment

Quotable Quotes.

“Health and well-being in regional areas offer entrepreneurs excellent opportunities to make a difference, starting with innovation in health and well-being.  “Never become so busy you forget to make a healthier life”. Peter Sergeant

“The reason why it is so difficult for towns and villages to capitalise on disruptive innovations is their processes and their business models, which made them effective in the past, leave them unable to compete in a new environment”. Peter Sergeant

Leave a Comment

You must be logged in to post a comment.