- Today’s C-suite is investing in the latest technology, but they aren’t necessarily unlocking its trapped value for their businesses.
- We’ve cracked the code on strategic use of enterprise technology by studying both “Leaders” who are building what we call Future Systems and “Laggards,” who are investing in but not scaling and realising the full value of innovation.
- The stakes are high: Leaders are seeing 1.7X the revenue growth of Laggards.
- Organisations can adopt the mindset and methods of Leaders to close their own innovation achievement gap and build Future Systems that are boundaryless, adaptable and radically human.
Tech is everywhere,
The growing innovation achievement gap
Under enormous pressure to generate growth, today’s C-suite is adopting technology that spawns new capabilities and applications. But many still struggle to scale innovation company-wide.
It’s creating what we call the innovation achievement gap—the difference between technology innovation investment and realised value.
Value is difficult to capture in part because the conventional IT “stack”—spanning software applications, hardware, telecommunications, facilities and data centers—wasn’t built for today’s world of analytics, sensors, mobile computing, artificial intelligence applications, the Internet of Things (IoT), and billions of devices. Nor was it designed to adapt to the world of tomorrow, whatever that might be.
But it’s not the case that digital native companies are closing their value achievement gaps, while legacy companies aren’t.
We’ve found that growth in every kind of company depends on a systematic and sequential adoption strategy in line with Future Systems—enterprise systems capable of scaling innovations repeatedly and granting organisations the strategic agility they need.