The View From The Top – 2016 Innovation Report: A conversation with Chairs & CEOs of 20+ major corporations on the state of innovation in Australia

Publication Type:
Report
Citation:
2016, pp. 1 - 40 (40)
Issue Date:
2016-10-11
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The study investigates the practices and strategies of boards and executive teams for fostering innovation as well as what barriers hinder innovations. More specifically, the study focuses on how boards and executive teams manage the paradox of investing in exploration vs exploitation of resources. The report demonstrates that most Australian big businesses focus on exploitation of existing resources and solutions, and there is insufficient exploration of new ideas. The report further focuses on how boards support or hinder innovation.
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