The opportunity to join a select group of business leaders, parliamentarians, entrepreneurs and respected commentators on commerce in the UK was afforded to Jane Pickup, Managing Director of Style Counsel Interiors and Congleton Business Woman of the year following an invitation to an exclusive reception at the House of Commons.
Attendance to the prestigious event was by personal invitation from Andy Love MP, Chair for All-party Parliamentary Group for Small Business and Member of the heavyweight Treasury Select Committee.
The reception marked the publication of findings from the National Business Awards White Paper entitled “Innovation – Evolution or Revolution” with the debate led by an influential panel including the author of the research paper, The National Business Awards’ Philip Forrest, and Senior Executives from Orange, Cobra Beers and Tenon.
Discussions centred on the question of whether there is an increasingly passive approach to innovation throughout the UK and examples of innovation and invention driving business success were presented from case studies gleaned during the judging of the 2007 National Business Awards Programme.
“It was an absolute honour to be invited to this event” commented Jane “and enlightening to hear other people’s views on innovation throughout industry. As commented upon in the White Paper, the reality of running a business means that a balance needs to be struck between operational excellence and creativity and innovation.
My own views are that innovation is meaningless unless you can quantify the results and unfortunately in today’s market business people often don’t have time to do this. So innovation is frequently forced and forced innovation can sadly lead to failure”
The White Paper titled Innovation – Evolution or Revolution is available on The National Business Awards Website, www.nationalbusinessawards.co.uk, and includes all case studies discussed at the reception.
Commenting on the research paper, Mike Faulkner, Group Director at The National Business Awards said:
” With the credit crunch continuing to bite and increased competition from Asia’s economic powerhouses in India and China, companies in the UK and Scotland must not fall into the trap of cutting R&D spend in a bid to drive down costs.”
“While all National Business Awards and National Business Awards for Scotland finalists were shown to have been leading their chosen fields in terms of creativity and innovation the report finds that UK businesses on the whole could do better”.
“Innovation can lead to reduced costs, helps firms meet regulatory requirements and reduces their impact on the environment.”
The National Business Awards has fast become a leading programme in recognising excellence in business achievement, innovation and success in the UK. Launched in 2002, the programme is uniquely open to organisations of all sizes from any industry sector, public or private. The Awards allow the best of British businesses to showcase their achievements and benchmark their successes against firms and bodies of all types.
The closing date to enter the prestigious 2008 competition is the 31 July where businesses can either register online www.nationalbusinessawards.co.uk or call the entries team on 0207 234 8713.