Insight Details Banner Image

'Replace one in five' board members to drive innovation

Friday 07 December 2012 by Gina Le Prevost

Executives in sectors such as banking jobs may be interested in a new survey that revealed decision-makers have suggested replacing 20 per cent of company directors in order to foster a culture of innovation within companies.

Personnel Today reports the study, conducted by Alexander Mann Solutions, also suggested successful businesses should replace one in eight middle managers and ten per cent of graduate recruits.

Chief executive of the group Rosaleen Blair was quoted as saying: "If human resources is to help drive this culture of innovation, we will need to see organisations taking a genuinely strategic approach to talent."

She advised enterprises needed to move beyond "production-line" style recruitment and prioritise bringing in the best and brightest talent as part of a long-term strategy.

Over a third of respondents to the survey considered recruitment to be a driving factor in encouraging innovation, while over half thought it helped to enable new ideas.

The news comes shortly after research by PwC found almost a third of companies are intending to hire more new staff this year.