84% of executives considered their future success to be very or extremely dependent on innovation.
Accenture 2015
According to McKinsey research Strategic and organizational factors are what separate successful big-company innovators from the rest of the field. There are 8 essential factors.
1 ASPIRE
2 CHOOSE
3 DISCOVER
4 EVOLVE
5 ACCELERATE
6 SCALE
7 EXTEND
8 MOBILISE
For the full analysis, please visit McKinsey webiste here.
The follow diagram from McKinsey are questions we can ask as to how innovative we are as an organisation. Organisations that rated higher in these 8 essential factors outperformed their counterparts.
The REQUEST EXCHANGE by its structure supports each element of innovation.
1 ASPIRE
The REQUEST EXCHANGE focuses on building awareness and what’s possible. It is deliberately designed to minimise those barriers that stop people becoming great.
2 CHOOSE
The REQUEST EXCHANGE structure is designed to help people take accountability and choose options that optimise the resources available and mitigate risk.
3 DISCOVER
The REQUEST EXCHANGE structure by nature is designed to build awareness with focus on continuous learning and adaption. The REQUEST EXCHANGE structure embraces Diversity and Inclusion.
4 EVOLVE
The REQUEST EXCHANGE structure is not bound by historical practises or barriers. It is designed to ensure what leaders want and need to achieve can be met.
5 ACCELERATE
The REQUEST EXCHANGE structure helps organisations to minimise resources not being utilised effectively, delayed timelines and missed targets. Keeping Innovation on track.
6 SCALE
The REQUEST EXCHANGE structure helps people commit to what is required to scale.
7 EXTEND
The REQUEST EXCHANGE structure empowers individuals within organisations to build strong partnerships with external bodies.
8 MOBILISE
The REQUEST EXCHANGE inherently help individuals take ownership and become self-motivated to achieve success and continuous innovation.