Page 5 - GiveEasy innovation index

Innovation performance has plateaued in the sector The research has highlighted a a a a a a a a two-tier approach to to innovation in in in in in the Not-For-Profit sector in in in in in Australia High innovators innovators are are making waves to to to to create higher impact while low innovators innovators are are lagging behind As we head into 2020 the momentum for for for innovation is is is building for for for for those organisations that have a a a a a a a a a a a a taste for for for for transformation These high innovators are consistently strengthening their innovation practices while the the the low innovators are lagging behind This year we are impressed with the the the strides being made by the the the the leaders in in in in in this sector and can see the the the the emerging middle are improving their innovation game particularly in in in in technology internal collaboration and stakeholder centricity In just two short years the the number of middle innovators shifting into the the highly innovative segment has been pleasing If this trend continues imagine what is is possible for the the sector on on on the the next horizon However the the overall innovation index score for the the sector has plateaued with with a a a a a a a a a a 0 0 0 6 point increase in in in in in the score between 2018 and and 2019 and and with with several innovation index vectors trending negatively Those that aren’t innovating are are struggling to to to keep pace with rapid change in in in in in the the sector stagnating the the overall score Five years ago the the the Australian Not-For-Profit Innovation Index was launched to to to to measure the the the capacity o of o the the the Not- Not- For-Profit sector to to to to innovate and to to to to provide a a a a a a a a a a a a a benchmark o of of innovation innovation performance performance Each year since 2015 the the the innovation innovation performance performance of of the the the sector sector reflected in in in in in the the the sectoral Innovation Index score increased Our research confirms that that Not-For-Profits believe in in in the the need for innovation aware that that they must imagine and create new approaches to to solving social challenges So how can we bring a a a a a a a a a a a a a practical focus to to to to innovation to to to ensure the whole sector innovates for impact?
To all Not-For-Profits looking for for a a a a a a blueprint for for how to to bring your imagination creativity digital insights and experiences to to to a a a a a a a a challenging future this is is the document to to read The key message to to to to the the sector this year is is it’s time to to to to reset your your innovation innovation priorities We dive into the the ‘how’ sharing tools and techniques to to to refresh your your innovation innovation goals while also providing inspiration from the success stories of o highly innovative Not-For-Profits Six key takeaways for 2019 01 The innovation performance of the sector sector has plateaued with only a a a a a a a a 0 0 0 6 increase in in the sectoral score from 2018 to 2019 02 Digital transformation is a a a a a a leading contributor to to to innovation in in in the Not-For-Profit sector: Is your organisation keeping pace with digital innovation?
03 Sustainable business models are disrupting traditional funding models: Not-For-Profits must increasingly look outside o of traditional fundraising for new ways to drive revenue
04 Leadership and vision are key to to innovation success: 57% of Low Innovators believe that their organisation’s lack of senior leadership vision is is is a a a a a a a a key barrier to to innovation compared with only 2% of high innovators 05 Culture needs to be created pro-actively: The innovation performance of the culture vector trended backward by 0 0 9 9 in 2019 06 Teams are important: Inspire whole-team innovation by drawing on on the traits of highly successful innovators 5