Primero Systems Blog

Innovation Education in Focus - CLARITY Wednesday

80% of executives think their current business models are at risk to be disrupted in the near future. In addition, 84% of executives say that innovation is important to their growth strategy.

3 Innovation Education Facts Worth Considering

  • 86% of respondents from digitally maturing companies say that 10% or more of their time at work involves the opportunity to experiment or innovate.
  • 81% of respondents at digitally mature companies cite innovation as a strength of their organizations, compared with 36% from developing outfits and only 10% from early-stage companies.
  • Top drivers for innovation today include enhancing customer experience (53%), driving revenue growth (53%), and developing new products and services (45%).

Assess the Value of Innovation Education to Your Organization

84% of executives considered their future success to be very or extremely dependent on innovation. –Accenture US Innovation Survey

What value do you place on performing systematic monitoring of your organization’s external environment (e.g. marketplace, competitive landscape, industry sectors and legal/regulatory trends) to identify emerging technologies to aid in realizing your organization’s strategy, avoiding obsolescence, and optimizing costs?

Determine Your Organization's Related Pain & Frustration

In order to fully assess your level of pain (and frustration!) it’s helpful to know where you want to be. So…what does good look like?

A low pain example of Innovation Education: My organization formally encourages industry, technology, product, and competitive research/education within the employee evaluation procedures. These efforts regularly identify opportunities to optimize our strategy and/or save costs.

What is your organization's level of pain as it relates to Innovation Education?

The CLARITY Assessment™

In the CLARITY Assessment™ we focus on 7 key company objectives. Above, we touched on Innovation Education, which is one of 5 categories related to the broader objective of Technological Innovation:

Customer Relations
Learning & Development
Agile Operations
Risk Management
Information Technology
Technological Innovation

  • Innovation Strategy
  • Product Innovation
  • Process Innovation
  • Culture of Innovation
  • Innovation Education

Yield (Financial)

Almost every company worldwide is in some stage of their own digital transformation journey. You’re invited to take the CLARITY Assessment™, with the goal of helping to define your own company priorities in your digital transformation journey. Click here to experience it now.

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