A recent BCG survey shows a disquieting gap between CEOs and their top managers over the critical issue of innovation.
Here’s a peek at some of the results:
• 81% of CEOs believe innovation is a top priority for their companies while only 63% of lower-level execs share this view.
• 76% of CEOs believe their companies foster a culture of innovation, but 51% of lower level execs and employees disagree.
• 66% of CEOs say their senior management teams share a common view on managing innovation but only 53% of non-CEOs agree.
• Some 56% of CEOs believe their companies have the right organization structure already in place to generate innovation, while 56% of lower-level people do not agree.
Why the disconnect?
It looks like many CEOs are naive when it comes to operationalizing innovation in their own companies. They’re not getting it — and perhaps not providing the resources (Mastery Step 4 – Manage Your Systems) to develop it.
And many managers don’t understand how important innovation is (Mastery Step 6: Make Mistakes Strategically) as a strategic imperative. It appears that senior managers of most companies are out of alignment (Mastery Step 9: Align Your Superlative Team) when it comes to innovation.
Out of the 10 steps to CEO Mastery which would you score the highest for your business? Leave your comments below.
