Kenya,
29
April
2014
|
13:05
Africa/Algiers

Importance of nurturing innovative entrepreneurs in East Africa

Flexible working breeds innovation

More and more businesses are Realising The importance of nurturing innovative entrepreneurs among Their employees to help drive growth, but what are the top Strategies to Promote innovation within the business? Latest research by Regus, the flexible workspace provider, Reports That 27% of business people in East Africa think flexible working is key.

Given the increasement increase increasing Importance placed on developing entrepreneurship within the business by companies such as Google and Dell [1] , the survey asked respondents to identify All All which measures they Regarded as key to nurturing so-called intrapreneurs and found almost half of East African firms mixing selected staff from different functions (47%). Skills updating programs (45%) and access to senior management (35%) followed.

These are the key findings of the latest research by Regus That canvassing the views of more than 19,000 senior business people and owners in 98 countries.

Some additional highlights are:

  • 32% of respondents report or open plan offices are a key innovation driver;
  • 93% or respondents think entrepreneurship has Increased in the past five years in Their sector;
  • 22% state That female entrepreneurship and 15% repeat That entrepreneurship is on the rise;

Commenting on the results, Joanne Bushell, VP Africa says: "With small businesses accounting for about 90% of businesses and about three fifths of employment in most economies, it is evident why entrepreneurship Should Be fostered and nurtured.

"But businesses have cottoned on to the powerful innovative drive or entrepreneurs too and are looking to foster entrepreneurship among Their Own employees. So how can entrepreneurial behavior be Encouraged? Flexible working not only taps into employee demand for a better work: life balance, by --allowing them to work Their Own hours and from different locations, but it usefull helps employees mingle with workers from different functions, and even different firms, vastly widening Their outlook and experience. Flexibility and variety of inputs can really help employees think outside the box and seek out innovation. "

Regus customer, Daniel Kamau, Strategic Development Coordinator at Royal HaskoningDHV, an independent, international project management, engineering and consultancy service provider with an office in Dar es Salaam, Tanzania says "As a consulting engineering firm, our people are our greatest asset, and providing a high-quality work environment is central to productivity amongst Maintaining this high-performance group. In this regard, Regus has given us the opportunity to simply "plug-and-play" our operations in Tanzania. Staff from around the world - executives senior management and senior technical alike - will find in our Regus office, a "familiar" corporate environment That Allows them to focus on important business matters.


[1] The Financial Times, Intrepreneurs to the rescue, 13 th March 2014

Boilerplate

Regus is the global workplace provider.

Its network of more than 2,000 business centers in 101 countries provides convenient, high-quality, fully serviced spaces for people to work, whether for a few minutes or a few years. Companies like Google, Toshiba and GlaxoSmithKline choose Regus so thatthey can work flexibly and make businesses more successful Their.

The key to flexible working is convenience and so Regus is opening wherever its 1.5million members for support - city centers, suburban districts, shopping centers and retail outlets, railway stations,  motorway service stations and even community centers.

Founded in Brussels, Belgium, in 1989, Regus is based in Luxembourg and listed on the London Stock Exchange. For more information, please visit:

www.regus.com