Fostering Innovation: Strategies for Success

The video discusses fostering innovation through collaborative thinking and idea generation. It highlights the use of think tanks and the Ideas Bank for brainstorming. The innovation program involves a multidisciplinary team to strategize and achieve goals. Business planning is encouraged through mini plans and idea selection. A case study on Homeless Connect illustrates idea replication. The innovation strategy focuses on finding, promoting, and replicating best practices from other successful businesses.

In what ways can ideas from other places be beneficial for innovation?

How can businesses identify and adapt successful strategies from others?