What the Top Innovators Get Right
Plenty of companies spend lots of money on R&D, yet struggle to translate their spending into real growth. What does it take to turn your innovation efforts into outstanding performance?
2.6x the rate at which “high-leverage innovators” outperform the average company in sales growth from 2012 to 2017.
This month’s issue of IT Foresight features “ What the Top Innovators Get Right, ” our annual study of the 1,000 companies around the world that spend the most on R&D. This year’s edition focuses on the 88 “high-leverage innovators” that beat the financial performance of the average company on the list, while actually spending less on R&D as a percentage of revenues. The key: strong support for innovation throughout the organization, and tight connections to customer needs.