William E.’s Post

Organizations are grappling with bridging the gap between their focus on innovation and their ability to deliver on those goals. Despite the increased emphasis on innovation by companies, a staggering 97% of innovation systems require improvement. Our experts pinpoint strategic misalignment as the central issue, as highlighted in our latest report findings. This misalignment underscores the disconnect between the prioritization of innovation and the readiness to execute on innovation objectives. I'm excited to share BCG's 2024 Most Innovative Companies Report, which not only delves into this readiness gap but also offers practical insights for organizations aiming to realign their strategies and enhance their innovation capabilities: https://lnkd.in/edSKweXK #MIC

Organizations are grappling with bridging the gap between their focus on innovation and their ability to deliver on those goals. Despite the increased emphasis on innovation by companies, a staggering 97% of innovation systems require improvement. Our experts pinpoint strategic misalignment as the central issue, as highlighted in our latest report findings. This misalignment underscores the disconnect between the prioritization of innovation and the readiness to execute on innovation objectives. I'm excited to share BCG's 2024 Most Innovative Companies Report, which not only delves into this readiness gap but also offers practical insights for organizations aiming to realign their strategies and enhance their innovation capabilities: https://lnkd.in/dk-RVUK6 #MIC

Organizations are grappling with bridging the gap between their focus on innovation and their ability to deliver on those goals. Despite the increased emphasis on innovation by companies, a staggering 97% of innovation systems require improvement. Our experts pinpoint strategic misalignment as the central issue, as highlighted in our latest report findings. This misalignment underscores the disconnect between the prioritization of innovation and the readiness to execute on innovation objectives. I'm excited to share BCG's 2024 Most Innovative Companies Report, which not only delves into this readiness gap but also offers practical insights for organizations aiming to realign their strategies and enhance their innovation capabilities: https://lnkd.in/gJ9P4baC #MIC

Organizations are grappling with bridging the gap between their focus on innovation and their ability to deliver on those goals. Despite the increased emphasis on innovation by companies, a staggering 97% of innovation systems require improvement. Our experts pinpoint strategic misalignment as the central issue, as highlighted in our latest report findings. This misalignment underscores the disconnect between the prioritization of innovation and the readiness to execute on innovation objectives. I'm excited to share BCG's 2024 Most Innovative Companies Report, which not only delves into this readiness gap but also offers practical insights for organizations aiming to realign their strategies and enhance their innovation capabilities: https://lnkd.in/gUvS6y5k #MIC

Organizations are grappling with bridging the gap between their focus on innovation and their ability to deliver on those goals. Despite the increased emphasis on innovation by companies, a staggering 97% of innovation systems require improvement. Our experts pinpoint strategic misalignment as the central issue, as highlighted in our latest report findings. This misalignment underscores the disconnect between the prioritization of innovation and the readiness to execute on innovation objectives. I'm excited to share BCG's 2024 Most Innovative Companies Report, which not only delves into this readiness gap but also offers practical insights for organizations aiming to realign their strategies and enhance their innovation capabilities: https://lnkd.in/dJjsPbaH #MIC

For 18 years, BCG has been asking senior executives where innovation ranks for them. This year's survey unveiled a stark #innovation readiness gap. On one side, companies have never placed a higher priority on innovation, and on the other, they have never been as unready as they are now to deliver on their innovation goals. According to our annual survey, the disconnect stems from strategic misalignment. Most leaders recognize the misalignment between their innovation activities and the broader business strategy, which is compromising their effectiveness and impact. The rapid emergence of the ever-promising #GenAl is also leading to further complications, with it only being utilized at scale by 8% of firms. Our latest report explores how to close this gap – read on: https://on.bcg.com/45eyAwK

For 18 years, BCG has been asking senior executives where innovation ranks for them. This year's survey unveiled a stark #innovation readiness gap. On one side, companies have never placed a higher priority on innovation, and on the other, they have never been as unready as they are now to deliver on their innovation goals. According to our annual survey, the disconnect stems from strategic misalignment. Most leaders recognize the misalignment between their innovation activities and the broader business strategy, which is compromising their effectiveness and impact. The rapid emergence of the ever-promising #GenAl is also leading to further complications, with it only being utilized at scale by 8% of firms. Our latest report explores how to close this gap – read on: https://on.bcg.com/45eyAwK

For many executives, the focus has been on cost and resilience for a while -- in many client conversations I feel increasing interest in discussing growth and innovation. And indeed: Companies have never placed a higher priority on innovation – and yet, 97% of innovation systems need a tune-up. The results from our global innovation survey have just been released, and the 2024 Most Innovative Companies report delivers valuable insights on how top innovators are pulling ahead, and what your organization needs to do now to keep up. Read the full report here: https://lnkd.in/dC_D2sws #BCGMostInnovative

BCG has been named a Leader in Innovation Consulting Services by Forrester, an independent research firm that assesses top vendors in the market. The report recognizes BCG for its “multidisciplinary innovation practice with deep data and accelerator assets” and its “ability to create C-suite alignment, applying rigorous innovation measurement and providing sector-specific innovation talent.” In Forrester’s assessment, BCG was the only vendor to receive the highest possible score (5.00) in the ‘Approach: Innovation Thought Leadership’ criterion. In particular, Forrester cited BCG’s Center for Growth and Innovation Analytics (GIA) and BCG’s flagship Most Innovative Companies report, which evaluates and explains the state of corporate innovation and has been published annually since 2005. Discover what we believe sets BCG apart in the full Forrester report: https://lnkd.in/dE9Kq7nE

BCG's latest research highlights a widening #innovation readiness gap: never since they started producing this report has the priority of innovation been so high and the innovation readiness been so low in organisations! Why? Drawing from our Vibrance experiences across Australia and abroad in the last 24 months, I delve deeper into the underlying reasons behind this alarming trend.