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Beyond creating and improving products, the Innovation Lab needs to change the perceptions of the company that spawned it. It needs to become a beacon of light to the rest of the firm, embodying a culture of ideation, rather than doing its bidding.

Richard Coughlin discusses what we can learn from Mary Berry.

Fashion is important in most businesses because it's easier to network with other organisations, attract talent and extract market beating margins if you’re seen as fashionable. However, there's always a balance between setting the trend and following a well-trodden path.

Wearables are providing some fascinating new possibilities in the world of business. However, it seems that some of the most interesting debates are not around what the technology can do, but rather what the social and privacy implications might be.