Progress in business is often measured by increased profitability. How that progress comes about can be the result of technological advances, improved operating practices, smarter deployment of resources; the list is endless. But the common theme that flows through these incremental gains is invariably innovation, something in which the mineral products and quarrying sector excels.
Knowledge and innovation drive the quarrying and mineral products industries. Discovering smarter ways of doing things is at the heart of the sector’s search for meaningful performance improvements that deliver a real difference to the bottom line.
A quick review of the annual reports of the top FTSE 100 companies and there’s one buzzword that appears over and over again. Innovation; whether it’s a company value or a brand expression, innovation is everywhere.
James Thorne, newly in post as chief executive at the Institute of Quarrying (IQ) is clear about the importance of the Skills Wheel and why IQ is championing the benefits of continuous professional development to its members. He is equally clear about the importance of up-to-date knowledge and the application of innovation within the mineral extractives sector.