We need more creative ideas! Yes that sometimes how it seems. New ideas for new products or process improvements or cost savings.

Think again. Do you need more creative ideas or do you need to hear the ones you’re given?

You’ve probably heard it before. How large organizations will need to become nimbler, more responsive, and more entrepreneurial in order to stay ahead.

Do you nod your head?  “Well about time too! Things might move faster round here.” Or do your hackles rise because you don’t want to work for a start-up?

The authors of Brand New have identified an ‘Innovation Paradox.’ Their research shows that the high failure rate of new product introductions (currently nine out of ten) has not improved in the last thirty years. What’s more, companies know innovation is important to share price and company performance, yet many accept they do not devote enough resources to it. Finally, they found that companies do not focus efforts on improving their innovation performance with the same zeal that they might focus on other under-performing aspects of their businesses.

A recent report by consulting firm PWC warns mainstream financial lenders that UK customers are increasingly being drawn to ‘payday loan’ providers and away from credit cards. One extreme scenario they have considered is that ‘payday loans’ overtake credit cards. How can a 'niche opportunity' grow so big?