Why innovation is critical to success

The why of innovation is brutally simple: But all the evidence shows that change is racing at you faster and faster, which means many new types of vulnerabilities. Technology advances relentlessly, altering the rules of business in all the markets that it touches, which is of course every market.

Why innovation is critical to success

Finland has vastly improved in reading, math and science literacy over the past decade in large part because its teachers are trusted to do whatever it takes to turn young lives around. This year-old, Besart Kabashi, received something akin to royal tutoring.

Besart had opened his own car repair firm and a cleaning company. Many schools are small enough so that teachers know every student. If one method fails, teachers consult with colleagues to try something else.

They seem to relish the challenges. Educators had little idea it was so successful untilwhen the first results from the Programme for International Student Assessment PISAa standardized test given to year-olds in more than 40 global venues, revealed Finnish youth to be the best young readers in the world.

Three years later, they led in math. ByFinland was first out of 57 countries and a few cities in science.

In the PISA scores released last year, the nation came in second in science, third in reading and sixth in math among nearly half a million students worldwide. In recent years, a group of Wall Street financiers and philanthropists such as Bill Gates have put money behind private-sector ideas, such as vouchers, data-driven curriculum and charter schools, which have doubled in number in the past decade.

His Race to the Top initiative invites states to compete for federal dollars using tests and other methods to measure teachers, a philosophy that would not fly in Finland.

There are no rankings, no comparisons or competition between students, schools or regions. The people in the government agencies running them, from national officials to local authorities, are educators, not business people, military leaders or career politicians. Every school has the same national goals and draws from the same pool of university-trained educators.

The result is that a Finnish child has a good shot at getting the same quality education no matter whether he or she lives in a rural village or a university town. The differences between weakest and strongest students are the smallest in the world, according to the most recent survey by the Organization for Economic Co-operation and Development OECD.

Ninety-three percent of Finns graduate from academic or vocational high schools, Yet Finland spends about 30 percent less per student than the United States. Still, there is a distinct absence of chest-thumping among the famously reticent Finns. They are eager to celebrate their recent world hockey championship, but PISA scores, not so much.

A tangle of multicolored threads topped her copper hair like a painted wig. The year teacher was trying out her look for Vappu, the day teachers and children come to school in riotous costumes to celebrate May Day. The morning sun poured through the slate and lemon linen shades onto containers of Easter grass growing on the wooden sills.

Little hats, coats, shoes stowed in their cubbies, the children wiggled next to their desks in their stocking feet, waiting for a turn to tell their tale from the playground. They had just returned from their regular 15 minutes of playtime outdoors between lessons. At a smart board at the front of the room, Rintola ushered the class through the principles of base ten.

One girl wore cat ears on her head, for no apparent reason. Another kept a stuffed mouse on her desk to remind her of home. Rintola roamed the room helping each child grasp the concepts. After 40 minutes it was time for a hot lunch in the cathedral-like cafeteria. Teachers in Finland spend fewer hours at school each day and spend less time in classrooms than American teachers.

Teachers use the extra time to build curriculums and assess their students. Children spend far more time playing outside, even in the depths of winter. Compulsory schooling does not begin until age 7. Why stress them out? Finland provides three years of maternity leave and subsidized day care to parents, and preschool for all 5-year-olds, where the emphasis is on play and socializing.

In addition, the state subsidizes parents, paying them around euros per month for every child until he or she turns Ninety-seven percent of 6-year-olds attend public preschool, where children begin some academics.

Schools provide food, medical care, counseling and taxi service if needed. Even so, Rintola said her children arrived last August miles apart in reading and language levels. By April, nearly every child in the class was reading, and most were writing.

Why innovation is critical to success

The national goal for the past five years has been to mainstream all children. There are exceptions, though, however rare.Innovation is a journey into the unknown and there are many paths open to the innovator.

Before starting it is essential to know things like: 1) What business are we in now and want to be in going. Adapting to innovation and tech is a critical part of staying competitive as a business.

Learn why and how innovation drives success in the workplace. First and foremost, each has recognised and worked hard at making innovation a critical capability within their organisations. It is understood that the ability to increase business value through innovation is a critical success driver.

While creativity is the ability to produce new and unique ideas, innovation is the implementation of that creativity - that's the introduction of a new idea, solution, process, or product.

May 08,  · Why Innovation Is Crucial To Your Organization's Long-Term Success Theodore Henderson CommunityVoice Forbes Coaches Council i Opinions expressed by Forbes Contributors are their own.

Why Innovation is important? Studies have confirmed that all businesses want to be more innovative. One survey identified that almost 90 per cent of businesses believe that innovation is a priority for them.

College of Nursing and Health Innovation — The University of Texas at Arlington