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:
Transformation: paths and results?
Transformation everywhere: Alliance for Transformation (Politics), Sustainable Transformation (PwC), The Circus of Transformation (Roland Berger), Workforce Transformation (Haufe); the list could be extended indefinitely. But how does transformation succeed? How do you recognize a successful [...]
CSRD Countdown – 24:13:16:55
The countdown is on: The sooner companies initiate the planning process to meet the new CSRD requirements, the smoother the transition will be and they will come into force – as of the publication of [...]
People Analytics – next stage of development?
We are currently working in detail on the possibilities of generative AI and a European standard for sustainability reporting (ESRS) in line with the CSRD, which came into force at the beginning of January 2023. [...]
Generative AI in HR – a different perspective
Application areas of generative artificial intelligence, or GenAI for short, are often examined from a technical perspective. With regard to HR, automation, recruiting and the evaluation of employee data are often mentioned. That´s all? This [...]
Workforce Planning – short-term, short-sighted?
The results from the latest HAUFE study on workforce planning are consistent with my observations and conversations in companies in the DACH region. […]