Firms urged to innovate and survive the downturn.
Wales Quality Centre (WQC) says businesses in the region must develop new ideas and approaches in order to position themselves strongly to withstand the downturn and be ready to bounce back when markets improve.
Vincent Kane, WQC chairman, said: "This recession is no fun but, if you are just sitting tight with your head down and your fingers crossed, waiting for it all to blow away, then you are in for a rude awakening when recovery begins.
"The future belongs to companies which have made, or are making, an effort to be different. It's vital that firms innovate rather than stagnate." Mr Kane urged firms and organisations, which have done this, to showcase their achievements by entering this year's Wales Innovation Award which is organised by WQC.
He said: "We want to hear from businesses which are bringing forward new products, new processes, new design, new management systems or any aspect of their operation which they are changing or improving."
A free breakfast briefing will be held at the Talardy Hotel, St Asaph, on Tuesday to launch this year's innovation award in North Wales.
The Wales Innovation Award is sponsored by Penn Pharma, one of the UK's longest-established pharmaceutical services companies and regarded as an exemplar of innovation in Welsh industry.
More than 40 entries were received for the 2008 award, around half of them from North Wales. Mr Kane described the response as encouraging..
Vincent Kane, chairman of the Wales Quality Centre
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|Publication:||Daily Post (Liverpool, England)|
|Date:||Apr 16, 2009|
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