The Global Innovation 1000: Making Ideas Work
The early stages of innovation can be challenging. But Booz & Company’s annual study of R&D spending reveals that successful innovators bring clarity to a process often described as fuzzy and vague.
Content: Article | Authors: Barry Jaruzelski, John Loehr, Richard Holman | Source: strategy+business | Subject: Innovation
The Global Innovation 1000: Why Culture Is Key
Booz & Company’s annual study shows that spending more on R&D won’t drive results. The most crucial factors are strategic alignment and a culture that supports innovation.
Content: Article | Authors: Barry Jaruzelski, John Loehr, Richard Holman | Source: strategy+business | Subject: Innovation
Barry Jaruzelski, John Loehr, and Richard Holman
Culture matters, enormously. Studies have shown again and again that there may be no more critical source of business success or failure than a company’s culture — it trumps strategy and leadership. That isn’t to say that strategy doesn’t matter, but rather that the particular strategy a company employs will succeed only if it is supported by the appropriate cultural attributes.
Content: Quotation | Authors: Barry Jaruzelski, John Loehr, Richard Holman | Source: strategy+business | Subjects: Culture, Strategy