Each quarter, we field a survey to better understand financial, staffing, and organizational issues related to corporate innovation efforts. The Tracking Data questions below will remain consistent each quarter to show trends; in addition, there are Peer Insights questions that differ from quarter to quarter, providing advice on how corporate innovators are dealing with various challenges and pressures.
For Q2 2023, our Peer Insights questions related to artificial intelligence and corporate spending policies.
Our Q3 2023 survey is currently live. We invite corporate leaders to participate.
Thanks to Planbox for their support of this research initiative. Planbox provides the most comprehensive AI-powered innovation management platform for building a sustainable culure of collaboration with your innovation ecosystem.
Q2 2023 Peer Insights: AI & Corporate Spending Policies
Q2 2023 Tracking Data: Comparing Support, Budgets, and Use of Consultants to Q1 2023
Among the respondents to our Q2 survey, there was some good news: fewer people said that senior leadership support for innovation was decreasing, when compared with Q1. And a smaller number of people expect their budgets to shrink in the fiscal year ahead, compared to when we asked that question in Q1. But spending on outside consultants and contractors is under more pressure in Q2 than it was earlier in the year.
Q1 2023 Peer Insights — Accessible to InnoLead Members
InnoLead members have access to additional data from earlier pulse surveys.
A conversation began at InnoLead’s Impact conference last November about the tactics that help build strong relationships between the teams doing innovation and new product work, and their colleagues in business units and functional groups. At Impact, we collected suggestions of tactics from participants, and in the Q1 survey, we asked respondents to choose the three most effective from this list. Four tactics rose head and shoulders above the rest, including building strong personal relationships, and tying innovation work tightly to key strategic initiatives for the company.
If you’d like to participate in future surveys, make sure you’re receiving (and reading!) our twice-weekly email newsletter. Thanks to Planbox for their support of this research!
