Innovation Unleashed: Building a culture that drives sustained growth

by | Dec 28, 2021 | Accenture

Innovation Unleashed: Building a culture that drives sustained growth

by | Dec 28, 2021 | Accenture | 0 comments

So what’s the key to creating an innovation culture in which companies realize a robust return on their innovation investments? Our research homed in on a set of companies that have strong innovation cultures and the performance to prove it—we call them Innovation Pacesetters. We compared the Pacesetters to the rest and we found that innovation structures (processes, technologies and resources) are indeed important. But, leading companies augment their structures with the right innovation mindsets and behaviors. In fact, they create a virtuous cycle of innovation structures, mindsets and behaviors that work together to hardwire the organization for innovation and to fuel an innovation culture that helps them realize a strong innovation ROI, develop effective new ways of working and drive the growth and scale that enable strong financial performance.