denotes premium content | Nov 18 2008 News
posted 21 Jul 2008
Innovation highly fragmented
Business strategy is driven largely by innovation, but corporate responsibility for the innovation process is highly fragmented, according to findings of a survey by Accenture.
The survey of 601 senior executives in the
While nearly two-thirds of respondents said their organisation’s business strategy is either totally, or largely, dependent on innovation, only 21 per cent of respondents said their companies have a chief innovation executive, and even fewer — 11 per cent — said there is a C-suite executive in charge of the process.
Does succession management work?
A 10-year follow-up research programme examining the impact of succession management on organisational success identifies proactive succession management as a key factor in shaping corporate survival and success. But it also indicates many organisations may be approaching it in the wrong way.
Talent management consultancy AM Azure Consulting discovered only 60 per cent had survived in their original ownership profile, and only a quarter could be described as ‘succeeding’.
Succession management made a difference: positive succession outcomes shaped success and a lack of proactive succession contributed to decline.
