An organisation’s size has little impact on its ability to innovate regardless of whether it has a turnover of $50m or $500m. The likelihood of any organisation – apart from the smallest of companies – being innovative hovers around the 20 to 27 per cent mark.
These were key findings of recruiter Harvey Nash’s annual global tech survey, which
publishes insights from interviews with 3251 IT execs in 81 countries worldwide.
The report also said a
company that is 3 to 5 years old is almost twice as likely to be ‘very innovative’ as one that is more than 20 years old. This is no surprise, as many older
organisations are grappling with keeping together ‘the spaghetti’ of legacy
systems, organisational structures and processes, the survey said.
Bridget Gray, managing director at Harvey Nash told CIO Australia that it is often portrayed that smaller companies are more innovative than larger ones, but what this survey shows is that it’s actually an organisation’s age, rather than its size, that is the biggest predictor of innovation.
“Older companies tend to have more legacy. Not just in terms of systems, but also in terms of procedures, structures and culture,”Gray said. “Even for smaller companies it can be tremendously difficult to change these, and as digital disruption becomes more widespread the risk for companies ‘stuck in their legacy’ increases.
“Of course becoming an innovator is tricky. It’s even tricky to define. Our data shows that there is no blueprint for successful innovation, but two factors make a big difference. Firstly is company culture; and it really boils down to this question: do staff really, truly believe that their ideas can actually make a difference? The second factor is infrastructure; are the systems and processes of the company agile enough to evolve quickly and cost effectively?” Gray said.
community sees the chief technology officer as the c-level role driving
innovation and IT advancement (29 per cent). The was followed by the chief executive
officer (19 per cent), the chief information officer (13 per cent) and ‘someone
much more junior’ (11 per cent).
who often see innovation as a big part of their agenda, this might come as
worrying news,” the survey said. “But it is evident that survey respondents
believe the technology-centric rather than the business-centric views, wins the
Ford said: ‘If I had asked people what they wanted, they would have said faster
horses.’ But maybe Henry Ford was only partially right. After all, for the
centuries leading up to Ford’s innovation, faster horses were indeed what
people wanted. And for the century that followed, faster, more efficient cars
have been the focus. Progress is made from both revolution and evolution,
involving CTOs and CIOs – and everything in between,” the survey said.
30 per cent of respondents agreed that within 10 years, a significant part of
the job they currently perform would be automated. Nine per cent said their job
was already affected and 61 per cent disagreed that their role was under threat
only 60 per cent of global CIOs, CTOs or VP’s of IT said they held a computer
or technology-related degree.
per cent of all survey respondents studied a computer science or technology-related
course to degree level, 47 per cent came in via another route. Women are less
likely to have studying a tech degree (43 per cent) compared to 55 per cent of
this variance is explained by women being more heavily represented in role like
business analysis, creative roles and support, where technical degrees are less
common,” the survey said.