Bain's State of Innovation 2023 Report

Bain's State of Innovation 2023 Report

Ali Din Ali Din

Ali Din

CEO | Ex-ADP, Indeed.com | HR and Tech Background

发布日期: 2023年4月26日
+ 关注

I recently came across the 贝恩公司 2023 R&D report on innovation:

"The Innovation Race: Engineering R&D Report 2023"


The link is below so you can listen to it for about 10 mins or see the main excerpts below (verbatim):


Today, a growing number [of firms] see [R&D] as a strategic capability that will determine their future success and shape new business models.


investing in [R&D] during a downturn can help companies pull ahead in the innovation race.


The most successful companies even use recession years to outinnovate competitors


Successful companies ensure the highest ROI by following a few best practices:


Redefine core vs. noncore capabilities.?

  • Leaders regularly assess which … capabilities are core, or key, to differentiating the business and winning new customers.


Centralize and democratize access to strategic technologies.?

  • Ensure … capabilities are available to the entire organization and not siloed


Organize for speed.?

  • Deploy continuous development models.??


Become a talent magnet.?

  • Rising attrition levels have made attracting and keeping … talent a top priority?


Play offense on innovation.?

  • Collaborate with external partners

?

Original report on Bain's website:

The Innovation Race: Winners Are Investing Now | Bain & Company

?


Nisar Syed

Efficiency expert | IT Strategy| Infrastructure & Operations Leader

1 年

Thank you for the summary Ali Din

赞
回复

要查看或添加评论，请登录

Ali Din的更多文章

  • Becoming Client Centric without Losing Human Relationships
    2024年10月7日

    Becoming Client Centric without Losing Human Relationships

    I recently came across an interview with the chief customer officer of Prudential, a 175-year-old insurance company…

    5 条评论
  • Recap: 4 Tech Conferences from this Spring
    2024年6月9日

    Recap: 4 Tech Conferences from this Spring

    Spring 2024 Tech Conference Highlights This has been a busy Spring with a whirlwind of tech conferences and…

    3 条评论
  • Technology Can't Run Itself
    2024年5月8日

    Technology Can't Run Itself

    How far can technology take you? Whether you’re walking the corporate hallway or its virtual equivalent, or attending…

    2 条评论
  • Can Humans Keep their Job with the AI Freight Train Approaching?
    2024年3月14日

    Can Humans Keep their Job with the AI Freight Train Approaching?

    The Role of Human-in-the-Loop for Responsible AI AI has become a transformative force in business, shaping marketing…

    1 条评论
  • The U.S. Labor Market's Strong Start to 2024
    2024年2月6日

    The U.S. Labor Market's Strong Start to 2024

    The recent job growth figures for January 2024 have painted a robust picture of the U.S.

    1 条评论
  • Are the Roaring 20’s Back?
    2024年2月5日

    Are the Roaring 20’s Back?

    Seizing Opportunities at a Transformative Inflection Point For the U.S.

  • The CPG Frontier: A 2024 Outlook
    2023年11月20日

    The CPG Frontier: A 2024 Outlook

    The Consumer Packaged Goods (CPG) industry, from food and beverage to beauty and healthcare, is undergoing a…

  • Can you hold onto your Accountants?
    2023年10月8日

    Can you hold onto your Accountants?

    Harder to Hold or Recruit Accountants As a business leader or specifically someone charged with overseeing the finances…

    3 条评论
  • What does the Strategy Office do?
    2023年1月9日

    What does the Strategy Office do?

    Part 3 of 3 in a Series on Setting up a Strategy Office (What does a Strategy Office do?) This is part 3 in a series of…

  • Justifying a Strategy Office (2 of 3)
    2023年1月7日

    Justifying a Strategy Office (2 of 3)

    Part 2 of 3 in a Series: Justifying a Strategy Office In Part 1 of this series about starting up a strategy office, I…

社区洞察

其他会员也浏览了