James Tuckerman, Editor-In-Chief, Anthill Magazine

As you all well know, Anthill Magazine is committed to building a culture of innovation and entrepreneurship in Australia.

Our readers probably know better than most that the majority of Australian businesses don’t get 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.

That’s why Anthill is backing a new initiative called (re)innovate challenge.

(re)innovate challenge is a national business planning challenge developed to inspire businesses and teach them how to innovate. Over five months, these teams will receive extensive training 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.

In short, (re)innovate challenge is a five month program designed to…

• Teach companies “how to” innovate.
• Over this time, ideas will be developed into business plans, creating spin-offs, efficiencies and a ‘can do’ culture in participating organisations.
• At a cost of $1,650 per team, (re)innovate offers on online program, concluding with state and industry prizes and awards.

Throughout the five months, each team will have access to forums, training manuals and video lessons to assist in every stage of bringing an innovative idea into reality – all this is done via the internet so becoming a part of (re)innovate challenge enables teams to work on this in their own time. 

Go to http://www.reinnovate.com.au/information/timeline for the (re)innovate challenge timeline. If you’re the CEO or HR manager, get your company behind this initiative. The goal is to make innovation just a natural part of the employee development mix and make Australia’s innovation capacity absolutely explode!

Plus, your employees might just develop the next big thing.

Teams representing Australian businesses are currently entering their ideas. 

This entry was posted on Thursday, October 30th, 2008 at 9:43 am and is filed under Innovation, Our Business, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.