We need innovators now more than ever. Recent economic uncertainty has brought increased focus on competitiveness and the need for organisations to adapt and innovate to create opportunities for the future. Innovation is certainly one of the main drivers of success. But how many companies really understand how to embed innovation in their organisations and make it work for them?
Practising what we preach
We have applied the same rigorous innovation processes to many of our own existing business offerings. One example is Fast Track. Providing the space and the opportunity for our people to participate in this initiative not only guarantees that we tap into our creative capital. It also ensures our competitive advantage in a rapidly changing business environment. Fast Track has yielded exciting new solutions, such as Cloud Accounting, Digital Trust Services and Tax Data Analytics.
Another example, the iWeek process, has been particularly successful in embedding innovation further into our culture. The momentum created during our 2012 Innovation Week with the Belgian transport authority was considerable. Recently launching its own innovation initiative, Deloitte Consulting has already identified potential new offerings to bring to the market.