Arthur D. Little: Good Innovation Management Increases Profitability by 13%…
Global management consultancy, Arthur D. Little, announcing the results of its 8th Global Innovation Excellence Study, a cross-industry survey of trends and best practice in innovation management.
“Understanding which innovation management techniques to invest in is crucial to achieving a better return on innovation investment as some practices have a much higher impact than others” says Rick Eagar (pictured), Partner in ADL’s Technology & Innovation Management Practice.
“We are concerned that over 80% of companies thought that their tracking and monitoring of innovation performance was unsatisfactory, particularly when the study shows a very clear link between the quality of innovation performance tracking and innovation success,” adds Ben Thuriaux-Alemán, Principal in ADL’s London office.
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Tags: ADL, Arthur D. Little, Ben Thuriaux-Alemán, Business Information Portal, Global Innovation Excellence Study, Rick Eagar, The BIP, West Midlands BIP