35 INNOVATION
SPENDS & TRENDS REPORT
How are you sourcing new talent?
How has COVID affected team member turnover?
Once the budget issue is overcome, the actual process of finding innovation talent that will prosper within a particular organization begins. There doesn’t seem to be alignment from HR on what is needed in Innovation with only 1 in 5 utilizing that function to source talent. Postings coupled with word of mouth currently comprise nearly half of the sourcing that happens in innovation.
The fact that feelings were mixed in the State of the Function leads to the top challenges page, which leads to the spend changed page which in part leads to the Innovation/R&D professionals page which all leads to nearly 50% being hit with COVID team member turnover.
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