As companies begin to focus on growth, innovation has once again become a priority, based on a recent McKinsey Global Survey.
While 84% of executives say innovation is extremely or very important
to their companies’ growth strategy, many of the challenges—finding the
right talent, encouraging collaboration and risk taking, organizing the
innovation process from beginning to end—are remarkably consistent.
The authors offer some suggestions on how companies can be more
successful at innovation: “In particular, they can formalize processes
for setting priorities and commercializing products and integrate
innovation into their strategic-planning efforts.”
To read the full, original article click on this link: The Results Are In: McKinsey Global Survey on Innovation and Commercialization | Prediction Markets Blog
