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Forget the big idea
Too many businesspeople are looking for the cure for cancer. They want the one ground-breaking idea that will transform the industry. It’s all very well for the ego, but it’s not very good for the bank balance.
The more useful type of innovation is far more granular. These are the small, unapplauded ideas around process or packaging that can end up saving your company thousands. And most often they’re to be found on the shop floor, not in the C-suite.
Look at the factory worker who saved Swan Vesta thousands of pounds by pointing out to his employers that they only needed to put sandpaper on one side of their matchboxes. Money-saving ideas are potentially floating around your business; you just need a more efficient ...
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