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:
Is HR succeeding in the balancing act? (2/2)
In my opinion, the balancing act in HR already addressed in the first part consists of cost reduction on the one hand and revenue growth through investments on the other. […]
Interesting McKinsey study on ESG
It is becoming increasingly essential for companies to understand and address the effects that externalities can have on their social license. The latest McKinsey Global Survey on environmental, social, and governance (ESG) issues asked more [...]
Is HR succeeding in the balancing act? (1/2)
According to Gartner, 47 percent of HR managers are currently planning to increase their HR budgets in view of the economic pressure, supply bottlenecks and scarce talent. […]
HR reporting – get the basics right
HR reporting involves the collection and analysis of HR data in order to collect different HR metrics depending on the company’s objectives. This data is analyzed using simple descriptive statistics procedures or statistical association measures. [...]
Consistency factors of an HR structure
The temptation to start structure discussions with “box-painting” is still great. […]