Innovation for the Recovery (December 2009)

CMI's latest report shows that managers across the UK are reaffirming their commitment to innovation to meet the challenges of an increasingly competitive marketplace.

Published: December 2009

Authors: Professor Fiona Patterson and Dr Maura Kerrin

ISBN: 0-85946-438-5

Price: Free - available for download.

This new CMI study explores the views of 850 senior managers to detail the changing role of innovation in the recession. Developed from managers’ day-to-day experiences, the report encouragingly shows managerial commitment to innovation yet warns of distinct challenges ahead. 

Key findings

• 70 per cent of managers agree that the recession will reinforce their organisations' focus on innovation.
• An open and supportive management style is the top catalyst for promoting innovation.
• However, 37 per cent of public sector managers and 27 per cent of private sector managers believe the recession will reduce the available resources for innovation.

The report goes on to deliver key recommendations for managers to promote innovative working in their teams and organisations.

About this report

This CMI report was part of a wider research project commissioned by NESTA (the National Endowment for Science, Technology and the Arts) from City University in partnership with the World Psychology Group. The project included employer interviews, extracts of which are used in this report. The case studies appear in more detail in 'Everyday innovation: How to enhance innovative working in employees and organisations', published by NESTA and available from www.nesta.org.uk.

Further information
To order copies of the report please contact research@managers.org.uk or telephone 020 7421 2726.