Creating a Culture of Global Innovation

In a world that is becoming more globalized, businesses can no longer afford to operate in silos.

With the amount of information that is shared by companies around the world today, thanks to emerging technology platforms like artificial intelligence and the Internet of Things, business and IT leaders have a responsibility to embrace technology in a way that creates a sustainable future and generates opportunities for growth for everyone.

This shift, digital transformation, isn’t easy. It requires leaders who can manage different viewpoints, leverage diverse talents, and maintain an environment of inclusivity. To date, there isn’t a single economy or company that’s developed a perfect system to achieve this for a competitive advantage.

In fact, global competitive inequality is on the rise, with a talent gap between rich and poor nations increasing year on year, as illustrated by the 2019 Global Talent Competitiveness Index focusing on entrepreneurial talent.

Developed, high-income countries are leading the way when it comes to entrepreneurial innovation, partially because they are less susceptible to political and socioeconomic fluctuations.