Globally, CEOs act on the critical importance of building innovation into the organizational DNA by incentivizing talent to take risks and spreading innovation skills throughout the enterprise.
European CEOs are stressing incremental innovation for the short-term. They recognize the need to link talent, customers, and outside alliances to drive innovation in their organizations. CEOs in Europe realize that if they do not have a skilled and engaged workforce, they will struggle to be innovative.
In mature economies, we expect to see further moderate economic growth within the next few years. Companies which increase turnover and gains have mastered the balance between reducing costs and specific investment in innovations, profitably expanding their business in the long run.
Innovation ultimately creates higher customer value and contributes to increasing returns for the company.
Based on current insight, gained from applied research and practical experience, we focus on examining a company’s culture of innovation – the most important factor to success!
The focus lies on three product service packages:
At this point we benefit from our knowledge on the topic of Human Capital Management, which is fundamental for the culture of innovation. Particularly noteworthy are the following (german) posts in our Blog:
HR Management: Review 2020 and Outlook 2021
Shortly before the beginning of 2020, I dealt with the question: When will strategic HR come and close the evidence gap? A few weeks later, Covid 19 overshadowed (almost) everything. Nevertheless, there is increasing pressure [...]
Strategy Execution: Review 2020 and Outlook 2021
In the middle of Advent 2020 – the corona pandemic still has us fully under control, Christmas shopping is mainly at Amazon – the review of the year that is ending also begins. In this [...]
Kienbaum study on People Analytics
On November 25, 2020, Kienbaum published the new market study "Winning with People Analytics: German companies on the way to data-supported HR work". The focus was on the following key questions: How will algorithms and [...]
What distinguishes “wise innovators” when analyzing company and personal data?
The past few months have not made the spread or deepening of the topic of workforce analytics (WFA) – or people analytics – any easier, although the alignment of resources is currently very important and [...]
Organisational Development: more than employee participation and change (2/2)
Organisational Development (OD) should be implemented on all three levels of the St. Galler Management House − normative, strategic and operative. There is no either-or but only an as-well-as. From this perspective − in accordance [...]