Encouraging Innovation in Businesses: Approaches & Examples

The video explores how businesses can foster innovation through various approaches like kaizen, R&D, benchmarking, and intrapreneurship. It highlights the UK's productivity puzzle and the role of innovation in addressing it. The importance of creating an inclusive culture that encourages employee ideas is emphasized, with examples from Google and Facebook. The video concludes by stressing the need for planning and evaluation in implementing innovative ideas.

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