In the GenAI race, 'ready' innovators are already leading the way.
According to global management consulting firm Boston Consulting Group (BCG), they are implementing GenAI more frequently in a single use case and are five times more likely to implement it at scale.
“GenAI can boost efficiency and bring a fresh perspective to an organization, empowering its innovation function to innovate faster and better,” said Michael Ringel, managing director and senior partner at BCG and co-author of the report. can be made."
The report surveyed more than 1,000 senior innovation executives from around the world.
Additionally, the report noted that this year, a record 83 percent of senior executives ranked innovation among the top three priorities of their organizations.
When business leaders were asked to rank the challenges facing their innovation teams, strategy concerns topped the list, with 52 percent citing unclear or overly broad strategy as one of their top three challenges. Gave.
Rising interest rates and talent shortage were cited as the top three concerns of innovation executives by 47 percent and 44 percent, respectively.
According to global management consulting firm Boston Consulting Group (BCG), they are implementing GenAI more frequently in a single use case and are five times more likely to implement it at scale.
“GenAI can boost efficiency and bring a fresh perspective to an organization, empowering its innovation function to innovate faster and better,” said Michael Ringel, managing director and senior partner at BCG and co-author of the report. can be made."
The report surveyed more than 1,000 senior innovation executives from around the world.
Additionally, the report noted that this year, a record 83 percent of senior executives ranked innovation among the top three priorities of their organizations.
When business leaders were asked to rank the challenges facing their innovation teams, strategy concerns topped the list, with 52 percent citing unclear or overly broad strategy as one of their top three challenges. Gave.
Rising interest rates and talent shortage were cited as the top three concerns of innovation executives by 47 percent and 44 percent, respectively.
