Canadian business leaders have complained long and loud that lack of execution on innovation is hampering our productivity. We’re not alone, according to a Harvey Nash report
For several years now, there’s been a nagging chorus from business leaders in Canada: Innovation means better productivity, and, as a country, we’re falling behind.
Not to enjoy another country’s issues too much, but it’s something of a comfort to know that Australian CIOs are seeing an innovation gap, too.
According to a survey by executive search firm Harvey Nash that included 210 Australian CIOs, as reported in CIO Australia, 99 per cent of CIOs surveyed felt technology innovation is a differentiator in their industry, and 71 per cent said without embracing new technology, their companies risked losing market share.
However, only two per cent said they had delivered on all their innovation projects, and 7 per cent said they’d made no progress at all.
It will be interesting to see how those results tally with our own survey results when they’re released. The survey is in the final stages of analysis and review, and should be available soon.
Sponsor: IBM Canada Ltd
Moving from the back office to the front lines: CIO insights from the Global C-suite Study
This report from IBM’s Institute for Business Value summarizes the results of more than 4,000 interviews with C-suite executives worldwide about the changing role of technology and the Chief Information Officer (CIO).