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Ideas UK Conference Counters British Business Blues

2008-12-15

December 15, 2008, Press Dispensary. As the country slides into recession, the national association of suggestion schemes could hold the key for companies struggling to stop the credit crunch crushing their business. Ideas UK (http://www.ideasuk.com) shows that getting your staff to generate cost cutting ideas can reap rich rewards: its annual members' survey found that over £32million was saved by businesses in 2007 through suggestion schemes.

Fresh from its annual conference in Chester, the organisation has a raft of new ideas to help defy the downturn. Delegates were challenged to submit suggestions that could assist – even in small ways – in addressing the current economic crisis. Ideas ranged from sharing best international practice to taking a steer from the shop floor on how to improve a product or service.

Anthony Denatale, operations manager at Ideas UK, says: “With the OECD warning this week that the recession will be longer than forecast, and the pound plummeting to record lows against the Euro, companies need to take some unconventional steps to survive. We’re not promising a silver bullet, but using a suggestions scheme to tap your employee’s ideas, create a culture of recognition and boost morale could help your business ride out the recession.”

Ideas were collected at the conference, held at the Crowne Plaza Hotel in Chester in November, via the Ideas UK blog, on delegate feedback forms and flipcharts, and through conversations over the two days.

A key theme was partnership: sharing ideas both with other suggestion associations throughout the world and across business sectors. Delegates supported the sharing of ideas on an open blog for comments and additions - at concept stage to avoid concerns about industry competition.

Acknowledging the current climate, delegates also recommended adjusting existing suggestion schemes to ensure that they reduced costs without losing benefits. Deferring any award payments until the economy is in recovery, to lessen the financial burden without having an adverse impact on idea generation, and eliminating fears that suggestions could result in redundancies, were central points.

Anthony Denatale adds: “We asked delegates to discount preconceptions that innovation can only be achieved by radical invention and instead to consider the results if every process in their organisation became just 5% more efficient. Even a simple suggestion that is easy to implement can result in huge savings.”

Suggestions from the conference, along with ideas regarding their implementation, will be made available online to members.

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Notes for editors
Ideas UK is a not for profit organisation recognised as a world leader in the field of suggestions schemes. Founded in 1987, the Cardiff-based association provides guidance, training and set-up support for organisations developing their own reward and recognition programmes. It receives no funding from Government or private enterprise, enabling it to provide completely independent advice and assistance. It has over 100 members worldwide from both public and private sector organisations.

For further information, please contact:
Anthony Denatale, operations manager
Ideas UK
Tel: 02920 020608 / 07914 832897
Email:
Site: www.ideasuk.com

Media contacts

Anthony Denatale, operations manager
Tel: 02920 020608 / 07914 832897
Email:
Site: www.ideasuk.com

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