As the market shifts its focus in response to a potential recovery and as consumer expectations for alternative products and business sustainability practices continue to increase, companies are feeling the need to redirect their capital and resources. In our professional consulting, we find leading businesses shifting the emphasis of their research and development in response to growing global eco awareness. As a result, business innovation appears to be moving towards a greater emphasis on business sustainability practices.A recent article, The Top 10 Drivers of Change in 2010 and Beyond, indicates that the best-positioned companies will push innovation practices to be truly global and facilitate seamless idea flow across their organization and network. Further, the market prediction is that consumers will become the source of new ideas.
To capitalize on this momentum, a common characteristic will be the ability to recognize public eco awareness and deliver new products that address societal and environmental challenges in a way that meets business sustainability expectations and delivers long term value.
As we engage with companies and business leaders seeking to inspire and motivate sustainable action within their organization, we encourage them to look to their key stakeholders as a source of valuable market information. Our professional consulting works with clients to step outside of the confines of the business to leverage employee, supplier, and end consumer thinking. We encourage innovative businesses to:
• Promote open communication and embrace creative thinking in the organization.
• Be curious about what the outside world is thinking and how they responding.
• Instill imaginative thinking, focusing on the future equally with the present.
The best ideas do not always come from the top or even from within. By enabling creative ideas and inspired actions inside and outside of the company, businesses can create an innovative environment that promotes long-term business sustainability.


Comments for Reverse Innovation: A Sustainability Market Trend to Watch