Building The Foundation For A Successful Innovation Agenda

Building the foundation for a successful innovation agenda,” explores the pivotal role of IT in fostering and delivering organizational innovation. Based on a global survey of over 5,000 executives conducted in November 2018, the report highlights a significant disconnect between organizations’ aspirations to innovate and their actual execution. It identifies key challenges such as unclear ownership of innovation, project overload leading to a quality versus quantity conflict, and a lack of cross-departmental collaboration, all contributing to a high failure rate for innovation projects reaching the market. IT can reassure business lines that it can enable their innovation ideas by working closely with them to understand challenges, identify innovative solutions, and provide the necessary technology platforms, thereby driving efficiencies and bridging the gap between ambition and action. Is your organization struggling to translate innovation ambitions into market realities? Download