Less than 10% of executives are satisfied with innovation levels in organizations (McKinsey).
What are you doing to change this?
There are so many challenges today:
- Finding and keeping the right resources
- Shrinking budgets
- InfoSec and privacy increasing requirements
- Higher functionality requirements across the board
- Mergers and acquisitions
- ...
It is not surprising that not much is left to innovate and even less to innovate at scale in organizations. Innovation itself is difficult to implement since organizations were never designed with that goal in mind.
In Canada and other countries, Innovation almost equals to use AI, we know this is quite reductive as a statement but there are many more Canadian innovation programs that are based on AI than any other technologies. And let's be clear right away, innovation can be based on other technologies such as blockchains, digital twins, and others. Even simply redesigning processes may lead to innovation, if you agree that innovation is all about creating values for stakeholders.
Digital twins, 4.0, AI, enhanced business processes and many others still depend on data. So, do you have an executive who is a Data Maestro (AI, BI, Governance, Architecture, D&A platform, MDM, Data Engineering, Strategy, ...)? An executive that can orchestrate all of those to create an organization that can innovate at scale? This 'data foundation' end up being the most important enabler to innovate at scale!
For sure, management practices, lean start-up methodologies will have also to be deployed but they are useless without the proper data foundation.
Rent a Data & Analytics executive
So we offer a 'rent a D&A executive' service to help your organization to put both the data foundation in place and management practice to foster innovation at scale.
Risks taking is not encouraged in organizations but not tackling innovation is a far greater organization threat. Organizations continue to be displaced at an increasing faster pace, and it will get much more intense because innovative organizations end-up been much more lean and mean...
The role of the 'D&A Executive' is to internally sell the vision, architect, build and deploy the data foundation and teams, create an innovation roadmap, change the management practices, introduce lean start-up methodologies and help finding who will be the permanent resource and potentially coach him/her.