Harvest great ideas from your company’s best assets

Many businesses, large and small, have a huge source of great ideas that can help them improve, innovate, and grow, and yet so many of these companies never think of using this amazing corporate asset. What is this highly valuable asset? Its own people. Says Morgan Fraud, the author of The Thinking Corporation, “Given that we are all capable of contributing new ideas, the question becomes how do you successfully generate, capture, process and implement ideas?” Becoming an organization capable of answering this question can benefit in a number of ways:

  • Growth through innovation/creativity:
    Rather than be constrained by ideas for new products, services and new markets coming from just a few people, a Thinking Corporation can tap into the employees.
  • Increased profits:
    The corporation will experience an increase in profits due to savings in operating costs as well as sales from new products, services and ventures.
  • Higher business values:
    The link between profits and business value means that the moment a corporation creates a new sustainable level of profit, the business value is adjusted accordingly.
  • Lower staff turnover:
    This, combined with the culture that must exist for innovation and creativity to flourish, means that new employees will be attracted to the organization.

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As the ADFIAP 31st Annual Meetings draws closer, all preparations for the event are now in full swing. The Meetings, which consists the Board Meeting, the General Assembly Meeting, the Delegate-Meets-Delegate Session and the Conference Proper, as well as the ADFIAP Awards Night and the Fellowship Program, will be hosted by the Bank of Industry and Mine in Tehran on April 28 to May 1, 2008.

It will be the first time that ADFIAP will have its Annual Meetings in the Middle East. About a hundred delegates from ADFIAP member-institutions, international partners and other invited organizations from around 30 countries are expected to attend the event.

One of the highlights of the 3-day event, the Conference Proper, with the theme “Innovative Development Finance: DFIs’ Response to the Needs of the Times”, will feature four (4) sessions on different topics to be presented and discussed by experts in the field. This exchange of fresh ideas and best practices will cover areas on innovative banking strategies, financial services, and technologies as well as best-of-industry policies and processes on governance, risk management, and human resource management, among others. For additional information on the Annual Meetings, please visit the ADFIAP website at www.www.adfiap.org

For inquiries and attendance, please email Ms. Sandy Lim at [email protected]

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