McKinsey December 14, 2023
Organizations with innovation cultures realize more value from strategic technology investments than their peers do, our latest digital survey finds.
Leading companies are increasingly deploying sophisticated technologies in pursuit of innovations that will help them secure future growth. However, our latest McKinsey Global Survey on digital strategy and investment finds that for those investments to bring enterprise-wide benefits, companies need to develop operating models and cultures that embrace innovation.
Respondents to our prior surveys had identified cultural challenges as the biggest barrier to getting results from digital investments. Risk aversion, siloed mindsets, and a general aversion to technology slow down the adoption of new tools and processes. Our latest survey of more than 1,000 executives reinforces those earlier findings, with...
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