INNOVATIVE: Changes to insolvency laws could make way for “turnaround management” of companies in distress, impacting the rate of corporate failure.
IT seems the government is serious about trying to transform our economy with its National Innovation and Science Agenda.
Innovation is an important element of any business, and can be a key differentiator between market leaders and their rivals. Our competitors can now be anywhere in the world, and that world is always changing.
Its important for small businesses to innovate so they can evolve and stay competitive. For innovation to thrive in Australia we need a cultural shift, and the government plays a big part in creating an environment where innovation and entrepreneurial behaviour can…
Read the full article at: http://www.theherald.com.au/story/4068538/embracing-risk-and-using-mistakes-to-light-the-way/