Corporate Innovation Online
Building and Sustaining Corporate Innovation
Survey results for SMEs show priority concerns
SME’s – what is working and what it not when it come to an environment for innovation!
We have broken out our survey results by size of organization and compiled the results for all respondents reporting to have 100 or fewer employess; thus more related to the size of SMEs than the overall survey results.
What we have found
1. The biggest concerns lie with two factors which come under the heading of ‘idea management’; reward mechanisms for innovators (F14), and the general availability of resources (F19).
2. Of least concern are risk tolerance in the planning process (F9), use of independent work groups (F11), the formality of the decision process (F13), tolerance for mavericks (F3), R&D budgets (F23), attitudes to mergers etc. (F16), and the role of employee organizations (F25).
3. For the balance of Factors, SMEs noted a significant difference between their ‘Ideal’ for each Factor and their own ‘Reality’, In terms of Factors , 3 of 4 Factors come under leadership, 4 of 8 Factors are under day-to-day management, and 4 of 6 Factors come under idea management practices. Thus gaps in innovative performance surface in all 3 major topics covered by the survey.
Most of the gaps are addressable by management by carefully choosing the appropriate – not just one - enabling mechanisms.
If you would like further background information on the survey results for SMEs just follow the link above (survey results) and download the 4 pages.
Very interesting topic. Please send me the graph.
I shared this post at Linkedin (Gestor IDI group).
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