Bosses can transform their companies into innovative hubs of innovation by taking on board the ideas of their employees, according to the Orange National Business Awards.
By championing and engaging with their staff, employers would find that their companies would be much better off.
Alex Evans, editorial director and co-chair of the Orange National Business Awards, said: “Some of the best examples of really big businesses demonstrating excellence is where senior management and CEOs have championed certain innovations [within] the business, to make them more visible.”
Mr Evans added that such positive collaborations were on the rise.
“You get this sense of champions within the business, with people being recognised very quickly by people who probably sit quite far away from them.”
The Orange National Business Awards finalists were announced on August 2nd 2011, with a notable increase in the proportion of smaller businesses nominated, many of which have launched within the last two years.
The awards will take place in London on November 8th 2011.