CIPD and innovation

"Innovation is widely regarded as a key driver of success for both private and public sector companies. But innovation is not just about the development of new products and technologies- it is about management innovation, which includes new ways of working, new organisational structures and new management methods" The CIPD stands for the Charted Institutes of Personnel and Development. The facts that i am going to present to you i have found from the CIPD innovation survey of 2008. Management innovation needs to be focused on more in businesses as "Fewer than 25%of respondents stated that innovation management and HR systems was given a high level of attention in their organisation" innovation management is to do with the organisational structure as i have discussed in my blog on organisational structures and innovation. It is a very important part of innovation which companies are obviously not paying much attention too. So from the CIPD survey i have been able to see that this is an area that needs improving. Although "65 who said their organisations were given a high level of attention to product and services" this shows that companies are becoming more innovative but are yet to see that it is not just about the product and service it is about the employees.

The survey also found that "overall, the research suggests that most organisations have not yet fully embraced the needs of generation Y employees" generation Y employees are those born after 1980. Companies are yet to realise that employees want more freedom and flexibility to be able to work from home around their children this is another area that needs to massively improve in the innovation sector as this type of innovation will benefit the company. If you give employees the trust to work at home they will show you respect and do above and beyond their work. Companies have to realise just how important jobs are to people in the current climate and that times are changing and heading towards more flexible working.

The CIPD survey has allowed me to look at some statistics that back up what I thought that while companies are trying to be innovative they are thinking big rather than small and they need to be doing both.

CIPD. (2008). Survey report September . Available: http://blackboard.lincoln.ac.uk/bbcswebdav/pid-583833-dt-content-rid-243994_2/courses/MGT2012M-1112/innovation_workplace%20CIPD%20Survey%202008.pdf. Last accessed 19th January 2012