Increasingly, innovation is what is enabling companies to differentiate themselves, secure industry leadership positions, and maintain long-term success in today's increasingly competitive marketplace.
Chief Technology Officers (CTOs) are often the executives tasked with spearheading strategies and employing tactics to ensure their company remains consistently innovative. In the wake of increasingly competitive products and services arising from emerging economies, increasing levels of global collaboration, and a still uncertain macroeconomic climate, CTOs at U.S. companies are facing significant challenges to foster innovation in the future.
To help CTOs identify leading R&D management practices to promote continuous innovation, The Corporate Executive Board's (CEB) Research & Technology Executive Council recently held an Innovation Summit that included 25 Chief Technology Officers and Aneesh Chopra, the Chief Technology Officer of the United States. Summit attendees represented many highly reputed U.S. companies, including PepsiCo, Proctor and Gamble, DuPont, Johnson & Johnson and Caterpillar.
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