Innovation is without question the holy grail for companies. While there is an immense pressure to innovate, it remains elusive for most. Ninety-four percent of managers were dissatisfied with their company’s innovation performance in a McKinsey poll, while a KPMG study found that two-thirds of U.S. CEOs are concerned that they’re not disrupting business models.
In a recent Gartner study, at least 84 percent of 3,160 CIO respondents in 98 countries said they have responsibility for areas of the business outside traditional IT. The most common being innovation and transformation.
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Source: IT Strategy