Page 10 - GiveEasy innovation index

Where to to focus your innovation efforts to to increase impact
Performance across the the the the the sector sector sector is is flat despite the the the the the strides being made by those who are invigorating the the the the the sector sector sector with with innovative practices This year technology remained the the the the the greatest source of innovation for for the the the the the sector sector sector Stakeholder Centricity and External Collaboration also leapt in in in in in in in in improvement with with both vectors gaining three points in in 2019 The winning trifecta in in in 2019 TECHNOLOGY
Technology is still the major transformer for for this sector However the the standout shifts in the the sector this year were in Stakeholder Centricity and External Collaboration This shows that charities are growing their
focus on benefactors and building valued relationships EXTERNAL CENTRICITY COLLABORATION
CUSTOMER 1 23
Opportunity areas
This year keeping pace with digital transformation was considered by most Not-For-Profits to to be central to to the the innovation agenda Further Innovation focus rewards and and recognition and and culture all all all trended negatively in in in in 2019 Attention to to these falling vectors should be a a a a a a a a a a a a a a a a strategic imperative for all all all Australian Not-For-Profits 01 Digital transformation The The social impact
sector sector need to to to to take digital digital seriously The The The sector sector is is is just as as as vulnerable to to to to digital digital disruption as as as taxis point and and and shoot cameras and and and manufacturing The The cost of o leading technology and and and digital transformation can seem prohibitive to those Not-For-Profits operating on tight budgets However effective use o of technology can improve efficiency and and productivity and and enable novel means to deliver on on on mission objectives more than justifying the the the cost and the the the challenges of organisational change It’s time to to reframe the the the conversation from
cost to to investment 02 Leadership
The role of leadership in in in innovation innovation is is central Leaders must set the vision for innovation innovation achievement and demonstrate commitment to improving organisational innovation innovation capacity If innovation innovation isn’t modelled by leadership and celebrated with pride it it it will fall away as counter-cultural behaviours come to to the the fore When leadership champions innovation the the the the tone is is set for for the the the whole organisation to to do the the the same 03 Culture
In Australia in in in 2019 there is a a a a considerable focus focus on on on the the culture of institutions to to drive genuine customer-focus and and innovation innovation Leaders must review their
organisation’s innovation innovation innovation innovation culture culture and and question - Is there a a a a a a a a a a a a culture culture of innovation innovation innovation or or not? If not not why? To make innovation innovation innovation a a a a a a a a a a a part of of your organisation’s everyday it must be connected
to the the modus operandi of of of the the organisation organisation Culture
isn’t “warm and and fuzzy” it’s an an an an an an important element of of organisational design in in order to foster innovative behaviours and collaboration 04 Rewarding Innovation Rewards and recognitions continues to to have the the weakest performance out of of all of of the the the vectors despite the the fact this sector measures both Even highly innovative innovative Not-For-Profits admit that more is is is is required to to recognise innovative innovative efforts and and initiatives This vector vector is is is often and and and incorrectly associated with cost despite the the the fact the the the vector vector measures both financial financial and and non-financial rewards Well below the the the sector average at at only 58 7 points this vector requires dedicated focus to to to to think laterally about ways to to to reward and recognise staff 10