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Degree of Innovation in the Middle East Workplace

Degree of Innovation Among Middle East and North Africa Companies Words like innovation and productivity come up a lot when discussing competitiveness of companies in today's highly dynamic and ever-changing economy. But how innovative are companies in the Middle East and North Africa? And to what extent do they see innovation as a key ingredient to their ability to continually create and develop something new? Benefits of Innovation Companies need to constantly up the ante in today's marketplace where competition is at an all-time high. Innovation helps businesses tap into unexplored opportunities. Businesses can stand to gain a lot too: Financial gain Positive image 62% 64% agree that their organizations' innovation efforts agree that their organization is more innovative compared to competition. led to better financial performance than their competitors. Does your workplace have an Innovation Lab? Human beings are born with an innate need to solve problems. Today's companies can cultivate this need by creating ideal 'lab conditions' for innovation to thrive within their workplace. 79% 77% say their leaders agree to change, and are willing to replace existing products with new, better ones. say that their company directly involves customers in the innovation process by asking for their feedback. Quick Tip There needs to be a fundamental emphasis placed on employee recognition that goes beyond salaries, rewards, and bonuses. Recognize your employees' innovation with verbal support and appraisals. Regular constructive feedback can go a long way. 78% agree that their organization encourages new ideas to be tried out. 78% say that their companies praise and reward teams for coming up with new ideas 85% say they enjoy sufficient slack time at work to explore new ideas. 83% 69% 68% of organizations have a long-term innovation strategy feel their say their organization constantly keeps itself up-to-date by adopting best practices organization is perceived to be an innovative one Data taken from the Innovation Poll, БayЕ January 2014. For more research and reports on the Middle East, visit: The Middle East's #1 Job Site Iulnbol. Iulubolu

Degree of Innovation in the Middle East Workplace

shared by baytresearch on Jan 28
Innovation is not a new concept; it has evolved over the last few years to involve collaboration among departments in a firm, but also among firms, including those that are otherwise competitors. A ne...



Anas Kiblawi


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