IBM Institute for Business Value: More than Magic
How do the most successful organizations innovate? IBM Institute for Business Value set out to answer this seemingly complex question, surveying more than 1,000 C-suite executives in collaboration with the Economist Intelligence Unit. Interestingly enough, results displayed that the top 9 percent of organizations in operating efficiency and revenue growth aim to execute distinct strategies in innovation organization, culture, and process.
IBM’s report shares how the top dogs approach innovation, and specific practices you can implement in your individual organization to drive future success.
Contrary to popular belief, current innovation breakthroughs are achieved through science & numbers, data, and insight...not magic. The necessity of becoming open and integrating collaboration is becoming evident today as well as practicing transparency throughout all levels of an organization.
Here at Brightidea, we foster this trend of transparency amongst our customers, allowing collaborative communication between everyone as we walk through the best methods to bring innovation programs to a whole new level. We partner to position our customers and potential customers to succeed and potentially become outperformers, which IBM defines in the study as utilizing three key steps to differentiate themselves from the pack:
- Build an organization that encourages innovation
- Create a culture that fosters innovation
- Design processes that enable innovation