5. Leadership : Any implementation of progressive thoughts and ideas need to be fully supported by the top management. The top down culture of promoting an environment of thinking innovatively needs to come from the leader. Were it not for the great leadership by Sam Walton or Steve Jobs or Jamshedji Tata of Tata Sons pursuing excellence, innovation and a value based leadership, some of these great organisations on planet earth would not have existed.
6. Promoting a culture of innovation - understanding that the future is very dynamic, if an organisation needs to be in the forefront in any industry globally, it has to continually innovate, evolve and adapt to the changing technology, customer needs and dynamic economic, business, social, cultural and political environment across the world.