Innovation Spends & Trends Report

STRENGTHS

Within the Innovation function in your organization, which of the following are your biggest strengths?

At least half of the community shares that both “helping the business do more with less” and “impactful influence on the business,” are their biggest perceived strengths. “Helping the business do more with less,” points to iterative change in disruptive moments. We’ve got from the pandemic, straight into inflation and

a perceived economic downturn. “Impactful

influence on the business,” might also point to those indicators as there are supporting metrics around “breakthrough innovation,” on FOCUS . Interestingly, an “embedded stable of Start- up partners integrated into the business,” is the

strength least applied within the community.

This fact assists the possible investment in consultancies noted on page 19 and page 21.

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