As Australian manufacturing companies become increasingly pinched by the high Australian dollar and competition from overseas, more training organisations are launching manufacturing-specific training programs to help companies get out of the rut.
Advanced Manufacturing CRC’s (AMCRC) Innovativity Management Training program is a new offering designed to help manufacturers increase their stance in the global markets.
The program was created off the back of new studies that show that Australian manufacturers rate well-below average in Organisation for Economic Cooperation and Development (OECD) measures, as it relates to investment in research and development.
The AMCRC is part of the Cooperative Research Centres Program where, with funding from the Australian Government, researchers and industries are brought together to develop lasting innovative solutions.
With an emphasis on delivering economic, environmental and social benefits, the CRC program combines leading research capabilities with invaluable industry knowledge and intellectual property.
“Most at AMCRC collectively agree that in order to reverse this downward trend and improve Australia’s economic performance, this trend needs to be reversed,” says the organisation.
“The last 20 years has proven to be the most profitable and progressive for manufacturers involved in international trade. However, as Australia’s industry is structured around SMEs, the opportunity for Australian SMEs to thrive in the international trade industry has all but been apparent in recent years.
“AMCRC wants to reverse this trend with the introduction of the Innovative Management Training Program, which gives SMEs the tools and knowledge to systematically approach R&D expenditure to minimise risk.”
A recent study performed by Deloitte in June reinforced the idea that the competitive landscape for manufacturing is evolving.
The key factor, that forces competitiveness is obtaining workers who are fully capable of supporting and implementing innovation practices.
“This area of focus has the utmost potential for increased financial performance and productivity; Australian manufacturers should take these findings very seriously,” said the AMCRC.
Innovativity Future Programs
Innovativity, conceived by the AMCRC, is designed to provide training as it relates to innovation management while focusing on key solutions to promote and sustain innovation.
Innovativity also reportedly equips employees with proven skills, tools, and resources required to develop, protect, and commercialise new technology.
Innovativity’s training programs are now open for registrations. Companies can sign-up for the 4th, 11th, 18th, and 25th of October.
Additional training programs have since been announced for the month of November in Brisbane, and also February in Sydney.
[Those who register will also receive additional information such as detailed scheduling and pricing.]