The results of an internal audit in Deloitte said that fundamental innovation was needed for economic growth. At present innovation is more important than ever.
There are three trends that influence the innovation. First of all, the global economic balance has changed. This means that as well as the new competitors, also the development of new markets and the influx of foreign capital has converted. That’s why a clear vision and clear decisions are needed. The second trend consist of regulation. The government has taken drastically interventions. For example there are more rules, more auditing. Finally the third trend is sustainable enterprise and corporate responsibility. Growth is necessary to be on top of these three trends.
Last year Deloitte has made a growth of 3%. They want to ensure a return of growth. That’s why they have made a tool, which is being offered to clients. It’s called the Innovation Maturity Assesment. With this tool, organizations can look how innovative they are. The results of this tool concluded that Deloitte is ‘heroïc and tribal’. This means that if there is something to renew, they will use it. But they did not provide enough resources for innovation.
After this conclusion of the tool, Deloitte decided to have a team of talented employees that study innovation of the consulting service for a year.
Deloitte takes account with the fact that innovation is a constant practice. I think that this is important to pay attention on, Deloitte react quickly on external changes.
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