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'Edge of Chaos' operation as a way to innovation for business growth PDF Print E-mail
 

Posted by Global SMT & Packaging on 22 November 2006 at 10:22

Paul Barrett from PA Consulting Group - the international management, systems and technology consultancy -  will explain how stepping outside the 'control culture' often found in large, established organisations can lead to innovation success, in the panel debate 'Innovation for growth - how do you make it happen' at the FT Innovate summit on 5 December at the Radisson Mayfair Hotel in London. 

The panel will explore the most current and challenging obstacles to 'innovation', which has been described by the Financial Times as 'the Holy Grail of business for the 21st Century', and will invite questions from the audience.

Paul leads the Innovation Management team at PA which works with client organisations to achieve step change in innovation performance. Paul knows the majority of these organisations undoubtedly have the potential to innovate, but that they find day-to-day challenges suppress transition to the very different leadership style, teamwork and ways of working which are essential for innovation success - a temporary pressurised state he describes as the 'Edge of Chaos' in a specific area of opportunity, from which many genuinely new ideas can emerge.

He acknowledges that the 'Edge of Chaos' can be an uncomfortable place to be, especially for large, established, risk-averse companies, which tend to operate in a 'control' culture. But he is convinced that, by purposefully working at the edge of chaos, it is possible for them to achieve breakout innovation without unacceptable risk or loss of control.     

PA has a unique combination of industry expertise and engineering capability, delivering solutions for new products and processes from concept through to launch.  We have dedicated international technology centres in Cambridge UK, and Princeton, NJ, USA. PA carries out the development of award-winning products, automation and manufacturing processes, and helps clients understand and use technology more effectively within their businesses. We help organisations realize the benefits that can be delivered through innovation, and we also innovate for ourselves through PA ventures like UbiNetics, Meridica and Aegate. www.ftinnovate.com 

 

   
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Keywords : PA Consulting, FT Innovate


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