LSE Innovation

Why is innovation important?

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If you’re unsure of where to start with innovation, Drucker’s legacy includes seven sources of opportunity when it comes to innovating. These are:

  1. The unexpected – Drucker believes that unexpected failures and unexpected successes can be a source of inspiration for innovation. LSEG is supporting the transition to a global low-carbon environment, seen as a niche concern only a few years ago, with multiple innovations. Among the most recent are the Green Economy Mark and Sustainable Bond Market

  2. Incongruities – A discrepancy between what is and what ought to be. For example, if demand for a product or service is growing, its economic performance should be growing, too. The need to facilitate China’s engagement with international markets drove LSEG to launch Shanghai-London Stock Connect in collaboration with partners.

  3. Process need – This is essentially looking for a gap, or a weak link in an existing process, analysing what is a better way to do something. To offer investors in sovereign debt the climate change metrics already available across other asset classes, FTSE Russell launched the FTSE Climate Risk-adjusted World Government Bond Index (Climate WGBI) with input from Beyond

  4. The unexpected – Drucker believes that unexpected failures and unexpected successes can be a source of inspiration for innovation. LSEG is supporting the transition to a global low-carbon environment, seen as a niche concern only a few years ago, with multiple innovations. Among the most recent are the Green Economy Mark and Sustainable Bond Market

  5. The unexpected – Drucker believes that unexpected failures and unexpected successes can be a source of inspiration for innovation. LSEG is supporting the transition to a global low-carbon environment, seen as a niche concern only a few years ago, with multiple innovations. Among the most recent are the Green Economy Mark and Sustainable Bond Market

  6. The unexpected – Drucker believes that unexpected failures and unexpected successes can be a source of inspiration for innovation. LSEG is supporting the transition to a global low-carbon environment, seen as a niche concern only a few years ago, with multiple innovations. Among the most recent are the Green Economy Mark and Sustainable Bond Market

  7. The unexpected – Drucker believes that unexpected failures and unexpected successes can be a source of inspiration for innovation. LSEG is supporting the transition to a global low-carbon environment, seen as a niche concern only a few years ago, with multiple innovations. Among the most recent are the Green Economy Mark and Sustainable Bond Market