Terrain NRM on most innovative companies list

August 12, 2019

Terrain NRM has been recognised as one of Australia and New Zealand’s most innovative companies.

The Far North natural resource management organisation features in the 2019 AFR BOSS Most Innovative Company List, published by The Australian Financial Review and Boss Magazine.

The list is based on a rigorous assessment process managed by Australia’s leading innovation consultancy, Inventium, in conjunction with a panel of industry judges.

For the first time, organisations were ranked directly against their peers across 10 industry lists in 2019. Terrain NRM ranked tenth on the Education, Government and Not-for-Profit list, from over 800 nominated organisations across Australia and New Zealand.

The assessment measures a top innovation implemented in the past 12 months. It also assesses internal elements such as innovation culture, strategy, resources and process, which demonstrate a sustainable and repeatable approach to innovation.

CEO Carole Sweatman said Terrain NRM was thrilled to be recognised for its innovative approach to natural resource management. Some of the innovations recognised were the development of a Reef Credits scheme and forging collaborative partnerships that are breaking new ground.   

“This is fantastic recognition of hard work by our amazing team at Terrain which always looks for ways to push the boundaries and find different approaches to problems,’’ Ms Sweatman said.

“We haven’t done this on our own – our whole approach and the way we work is to tap into a network of innovators and bring people together to find new solutions, so I want to acknowledge the contribution of all the other partners that we work with who are equally as passionate about protecting the Wet Tropics environment as we are.”  

Previous overall winners include Xero, Planet Innovation, M&C Saatchi and GroundProbe.

Inventium founder Dr Amantha Imber said she was thrilled to announce the first ever industry-specific Most Innovative Companies List.

“What separated the most innovative organisations from the least was the involvement of the customer the entire way through the innovation process,’’ she said. “Leading innovators also had strong mechanisms in place to recognise the innovation efforts of their staff.”