Lucid thought comes from tranquility but innovation requires a global outlook and preparedness to look across sectors, something the industrial groups do well at.

There is an interconnectedness in modern industry and society. People working in an area often have to grapple both with changes unique to their sector through refining and improving products, or meeting unmet needs but also indirect shifts, such as the internet and mobile communications, that affect multiple industries.

Larry Keeley, president of consultancy firm Doblin, part of the influential Monitor Group, in a thoughtful speech at the excellent IBF Corporate Venturing and Innovation Partnering conference* last month said…