Innovation is not a new concept; it has evolved over the last few years to involve collaboration among departments in a firm, but also among firms, including those that are otherwise competitors. A new Bayt.com poll on innovation in the MENA shows that the culture of innovation in the MENA workplace is alive and well.
- 83% of MENA professionals claim their organizations have long-term innovation strategies. - 44% say that their companies reward employees’ creativity. - 69.4% state that their companies keep up-to-date with other organizations in their field and adopt best practices. - 62% say that innovation has led to improved financial performance for their company. - 78.3% say that new ideas are encouraged and tried out. More stats describing the degree of innovation in the MENA region can be found in the infographic below. (You can click on the image for a larger view.) 
