Watch CBS News

(Re)Innovate!

The problem: The majority of Australian businesses don't understand innovation.

As a nation we are facing new challenges. New ideas are needed. But only 34 percent of Australian businesses pursue innovation. There's no doubt about it, for Australia to remain competitive more businesses must innovate.

The solution: rethink your definition of innovation and take positive steps with your team to incorporate its key values. Why not take the (re)innovate challenge --- a national business planning challenge that aims to inspire businesses and teach them how to innovate.

Teams representing Australian businesses can enter their innovative ideas in November 2008. Over six months your team will receive extensive training on how to turn their ideas into viable business plans.

To spice things up, (re)innovate challenge culminates in state-level awards and national-level prizes in the middle of 2009.

Feeling motivated to take action?

If yes, great!

If, no, what would motivate you?

More time? More money? More knowhow? More good looks?

Less stuff? Less stress? Less of everything? Less complexity?

View CBS News In
CBS News App Open
Chrome Safari Continue