Utility Week

UTILITY Week 27th May 2016

Utility Week - authoritative, impartial and essential reading for senior people within utilities, regulators and government

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8.70% Do you believe your organisation invests enough in innovation? Do you feel innovation is embedded in the culture of your organisation? Do you feel that collaboration for innovation between your organisation and organisations outside of the utilities industry is: How successful would you say your organisation is at ensuring valuable innovations are adopted quickly into the business? EXTREMELY SUCCESSFUL SOMEWHAT SUCCESSFUL UNSUCCESSFUL VERY UNSUCCESSFUL NON- EXISTENT SUFFICIENT NO: 46% YES: 54% YES: 48% NO: 52% 65.22% 34.78% 0% 0% GOOD BUT LEAVES ROOM FOR IMPROVEMENT 21.74% 8.70% INNOVATION IN UK UTILITIES: A STATE OF THE NATION REPORT KEY FINDINGS In association with REPORT INSIGHTS AT A GLANCE: INNOVATION IN UK UTILITIES: A STATE OF THE NATION REPORT In association with Download Innovation in UK Utilities: a state of the nation report at www.utilityweek.co.uk " Lack of investment is not seen as a barrier to innovation " Innovation funding mechanisms aren't supporting cross-vector innovation " Different regulatory approaches to incentivising innovation investment across water and energy have not led to signifi cantly different levels of investment " Leadership support for innovation is strong " Collaborative innovation faces cultural and systemic challenges " Best practice sharing and benchmarking are underutilised as ways of improving innovation culture and governance

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