ALL >> General >> View Article
83% Rank Innovation High, Only 3% Ready
![Profile Picture](https://www.123articleonline.com/images/avatar-default.jpg)
Companies are placing a higher emphasis on innovation than ever before, but they are not adequately prepared to meet those goals. A recent report from Boston Consulting Group (BCG) revealed that while 83% of senior executives consider innovation a top priority, only 3% of companies are considered "innovation ready" in 2024, a significant decrease from 20% in 2022.
BCG's 18th annual innovation study, titled Innovation Systems Need a Reboot, evaluated companies' innovation maturity and surveyed over 1,000 senior innovation executives globally.
Despite the high priority given to innovation, less than half (48%) of the executives surveyed believed that their organization was effectively linking business and innovation strategies, with only 12% reporting strong connections that led to tangible results. However, the level of innovation activity has remained consistent.
Justin Manly, a BCG managing director and partner, expressed concern over organizations merely going through the motions of innovation without a clear strategy. He emphasized the importance of strengthening the connection between innovation and business strategies to regain focus and drive progress.
More Information : https://www.techdogs.com/tech-news/pr-newswire/83-of-companies-rank-innovation-as-a-top-three-priority-yet-just-3-are-ready-to-deliver-on-those-innovation-goals
Add Comment
General Articles
1. Kokusai Express MovingAuthor: Kokusai Express Moving
2. Experience Raised Living At 24k Espada Marunji-kasarsai Road Pune
Author: Armaan
3. Java Travel Guide: Itinerary Breakdown & Insider Tips
Author: Ava Mishra
4. Revolutionizing Agriculture: The Rise Of Drones In Farming
Author: peter main
5. How To Install A Primary Sump Pump
Author: Tom D'Agostino
6. The Basic Job Of Rubber Rollers In Current Industry
Author: Anar rub tech pvt.ltd.
7. Web Research Services
Author: evertechbpo
8. How To Write An Employment Reference Letter
Author: RPLforAustralia
9. Plots For Sale In Ansal Lucknow: Your Gateway To Ideal Real Estate Investments
Author: Abhay infratech
10. How Crypto Payment Gateways Are Connecting Defi With Real-world Transactions
Author: Rick Grimes
11. Mastering Dsa Preparation: Tips For Aspiring Developers
Author: HeyCoach
12. The Unrest Of Fiber Laser Cutting Machines: Precision, Efficiency, And Versatility
Author: Metweld
13. The Need For Consistent Chimney Sweeping And Inspections In Boulder
Author: CLEAN FOR ME (clean4me)
14. The Evolution Of Business Analytics Tools
Author: Sarika
15. Zenless Zone Zero Boost And The Challenge Of The Fps Cap
Author: oliviaharper