The brightest minds and biggest disruptors have always led innovation and changed the shape of business. But over the years, both studies and real-life examples have shown that the “power of many” can be much more forceful, fostered by a shift in how new generations work. In many ways, collective intelligence is the future of organisations everywhere.
"The role of a CIO is mainly to go off the beaten paths, looking at problems through multiple lenses, thinking differently, exploring new collaborations and identifying disruptive technologies or processes."
What’s the secret behind innovation within a company? According to Linda Hill, professor at the Harvard Business School and co-author of “Collective Genius”, it is “unleashing the power of the many”.
Beyond being an issue of social justice, inclusion and diversity in companies have a direct effect on their growth, innovation and performance. These were the findings published in McKinsey’s latest study, “Delivering through diversity”.
Companies that capitalise on the four elements of digital innovation, including big data analytics, fast adoption of new technologies, mobile products and capabilities and digital design, out-innovate competitors and grow faster, according to an annual report from the Boston Consulting Group (BCG).