That’s the implication of a new research report just released by Capgemini Consulting and the IESE business school. Their annual global Innovation Leadership Study, based on a survey of 260 innovation executives around the world, finds 43% of its respondents saying their companies have a formally accountable innovation executive, up from 33% a year ago. But only 42% have an explicit innovation strategy, and only 11% have a strategy that involves employees, and not just executives, in its development.
Moreover, only 30% say they have an effective organizational structure for innovation, and a mere 21% say they have an effective system of key performance indicators for measuring and promoting innovation; 54% says they don’t have any formal KPI set-up at all.
To read the full, original article click on this link: Most Chief Innovation Officers Are Just Window Dressing - Forbes
