Insights into Innovation in Winning Organisations: Beyond the Buzz

Some the key findings in the study were eye opening and utterly simplistic to execute on. A must read: download from link below.

The study found an interesting way to structure thinking, planning and executing for innovation culture that actually positively impacts a firm’s short term and long term objectives.

The choices taken by an organisation often can be mapped on the axis of Ambition, Starting Point (from where the organisation wants to start it’s innovation push), Funding (Project/Venture based or on the meritocracy), Ownership of the Innovation Program (Technology Team or Technology Team + Another Functional Team), Structure (Decentralised or Centralised and how to measure it (On the basis of Outcomes or Activities).

Deloitte’s inaugural “Innovation Study: Beyond the buzzword” report has surveyed more than 400 business, technology, and innovation leaders to uncover how enterprises are building sustainable corporate innovation programs.

From the study they found key steps that are universally helpful in driving innovation:

Innovation Study: Beyond the Buzzword
Download from here: DI_CIO-Innovation-and-ecosystem-study.pdf