A recent report by Accenture has found that fewer than one in eight companies govern innovation extensively. More importantly, those that do have achieved twice the revenue growth of those that don’t. The report, which examines how innovation is and will likely be governed in the future, found that only 12% of companies govern innovation […]
As we have seen in previous articles, there are 6 essential elements that leaders must bear in mind if they want to compete and thrive in today’s business world. These innovation goals should be at the top of any innovation manager’s list this year.
Innovation is an ongoing process. As such, the sixth and final element for managers to consider to innovate successfully in 2020 is flexibility for change and resilience for survival.
Only by thinking ahead of the curve can companies succeed in 2020. And that involves being open to digital transformation, the fifth element in our guide to succeeding in innovation in the year ahead.
Wishing you a magical Christmas and a brilliant New Year!