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Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

This research paper explores the potential of training and development for creativity and innovation (TD4CI) practices to enhance innovation and/or financial performance. The results demonstrate that companies who aim to develop new-to-the-firm product or service innovations should benefit from a TD4CI intervention, whereas those seeking to create new-to-the-market products are advised to find more effective training solutions. Applying TD4CI to new-to-the firm product innovation produced the greatest increase in financial performance. The low take-up of TD4CI among Spanish manufacturers means they're missing out on potential innovation and financial performance gains where their objective is clear and TD4CI-compatible

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

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