Pace of innovation a risk factor for business over next three years

Sunday, 22 November 2015 15:12

Over the next three years the pace of innovation is a key risk factor for business locally and globally. A new report from Deloitte states that 30% of business executives feel that a slow pace of innovation will negatively impact their business strategy. The report also revealed that 30% believe increased regulations will hinder business activity. Other risk factors include talent at 25% and reputation at 24%. Dr. Mark Batey, creativity specialist at Manchester Business School, shares his insights into the pace of Innovation in the UAE.

Listen

More from UAE News

UAE sends search and rescue team to Myanmar

The UAE has urgently dispatched a search and rescue team, comprising members from Abu Dhabi Police, the National Guard, and the Joint Operations Command, to support efforts to save people affected by the earthquake in Myanmar.
UAE fuel prices announced for April

Motorists in the UAE will enjoy reduced fuel prices in April, the UAE Fuel Price Committee confirmed on Monday.
New Syrian government welcomed by UAE

The UAE has welcomed the formation of the new Syrian government, and affirmed its support for the Syrian people’s aspirations towards achieving stability and prosperity.
Umm Al Quwain Ruler's mother passes away

His Highness Sheikh Saud bin Rashid Al Mualla, Supreme Council Member and Ruler of Umm Al Quwain, has mourned the death of his mother Sheikha Hassa bint Hamid bin Abdulrahman Al-Shamsi.