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March 2016
A new frontier for technology
Using nimble innovation to drive
profitable business growth
2Copyright © 2016 Accenture All rights reserved.
Nimble innovation—a golden opportunity
CIOs are struggling to deliver timely, incremental value at a
reasonable cost
*Source: Accenture Technology Vision 2013 and 2015
CIOs lack the budget, people or time to take
the business in a new direction.
An innovation mind-set shift needs to take
place focused on three factors:
Take time-bound, incremental steps
to meet business objectives
Establish a culture and ecosystem
for innovation
Extend the funding beyond
traditional IT boundaries
of executives said they
expect the IT organization
to be the main generator
of innovation*
of executives said they
expect the IT organization
to be the main generator
of innovation *
71%
34%
2015
2013
3Copyright © 2016 Accenture All rights reserved.
Take time-bound, incremental steps to meet
business objectives
Demand for innovation to be quicker, more incremental and focused on
specific outcomes
Nimble innovation helps
organizations:
• Tie innovation to clear business
outcomes
• Measure progress and improve
returns
• Learn through failure using a new,
rapid-test, fail-fast process
*Source: Accenture Strategy Research on the Intersection of Business and Technology, 2015
of business and technology
leaders said they believe that
IT-led innovation is critical to
their company’s growth and
survival*
of executives consider their
organizations to be early
adopters when it comes to
technology-driven innovation*
90%
57%
4Copyright © 2016 Accenture All rights reserved.
Establish a culture and ecosystem for innovation
Nimble innovation helps organizations take advantage of the
on-demand economy
Organizations that embrace nimble
innovation can:
• Collaborate using open innovation
ecosystems beyond the traditional
technology organization
• Partner with higher education
institutions to innovate on specific
business problems
• Incorporate startups and other
fintech companies to innovate with
prototypes and proof of concepts
*Source: Accenture Technology Vision 2015
of surveyed companies
are taking part in open
innovation initiatives*
of surveyed companies
plan to engage new digital
partners within their
respective industries over
the next two years*
77%
60%
Note 1: Internal open innovation functions within enterprises
5Copyright © 2016 Accenture All rights reserved.
Extend the funding beyond traditional IT boundaries
Nimble innovation pools funding beyond IT
Nimble innovation means:
• Accessing discretionary funds
within the business
• Embracing initiatives spawned
within the business
• Taking advantage of low-cost
emerging markets
*Source: Accenture Strategy Research on the Intersection of Business and Technology, 2015.
of senior executives said
that IT works jointly with
other areas of the
organization on innovation*
of senior executives said at
least half of all innovation
is being predominantly
sourced via the business
rather than IT*
64%
58%
6Copyright © 2016 Accenture All rights reserved.
Nimble innovation frontiers
An opportunity for sustainable, profitable business growth
Three steps technology leaders can take to establish a new frontier
of innovation:
Adopt a
nimble innovation
mind-set focused on
targeted outcomes
Adapt the IT and
business operating
model to be open to
external ecosystems
Take a holistic
approach to funding
sources
1 2
3
7Copyright © 2016 Accenture All rights reserved.
Learn more at
www.accenture.com/nimbleinnovation
Contact us to discuss how to drive nimble innovation
technology.strategy@accenture.com
Find out more:
Join the conversation
@AccentureStrat
About Accenture
Accenture is a leading global professional
services company, providing a broad range of
services and solutions in strategy, consulting,
digital, technology and operations. Combining
unmatched experience and specialized skills
across more than 40 industries and all
business functions—underpinned by the
world’s largest delivery network—Accenture
works at the intersection of business and
technology to help clients improve their
performance and create sustainable value for
their stakeholders. With more than 358,000
people serving clients in more than 120
countries, Accenture drives innovation to
improve the way the world works and lives.
Visit us at www.accenture.com
About Accenture Strategy
Accenture Strategy operates at the
intersection of business and technology. We
bring together our capabilities in business,
technology, operations and function strategy
to help our clients envision and execute
industry-specific strategies that support
enterprise wide transformation. Our focus on
issues related to digital disruption,
competitiveness, global operating models,
talent and leadership help drive both
efficiencies and growth.
For more information, follow
@AccentureStrat or visit
www.accenture.com/strategy
8Copyright © 2016 Accenture All rights reserved.

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A new frontier for technology: Nimble innovation for growth

  • 1. March 2016 A new frontier for technology Using nimble innovation to drive profitable business growth
  • 2. 2Copyright © 2016 Accenture All rights reserved. Nimble innovation—a golden opportunity CIOs are struggling to deliver timely, incremental value at a reasonable cost *Source: Accenture Technology Vision 2013 and 2015 CIOs lack the budget, people or time to take the business in a new direction. An innovation mind-set shift needs to take place focused on three factors: Take time-bound, incremental steps to meet business objectives Establish a culture and ecosystem for innovation Extend the funding beyond traditional IT boundaries of executives said they expect the IT organization to be the main generator of innovation* of executives said they expect the IT organization to be the main generator of innovation * 71% 34% 2015 2013
  • 3. 3Copyright © 2016 Accenture All rights reserved. Take time-bound, incremental steps to meet business objectives Demand for innovation to be quicker, more incremental and focused on specific outcomes Nimble innovation helps organizations: • Tie innovation to clear business outcomes • Measure progress and improve returns • Learn through failure using a new, rapid-test, fail-fast process *Source: Accenture Strategy Research on the Intersection of Business and Technology, 2015 of business and technology leaders said they believe that IT-led innovation is critical to their company’s growth and survival* of executives consider their organizations to be early adopters when it comes to technology-driven innovation* 90% 57%
  • 4. 4Copyright © 2016 Accenture All rights reserved. Establish a culture and ecosystem for innovation Nimble innovation helps organizations take advantage of the on-demand economy Organizations that embrace nimble innovation can: • Collaborate using open innovation ecosystems beyond the traditional technology organization • Partner with higher education institutions to innovate on specific business problems • Incorporate startups and other fintech companies to innovate with prototypes and proof of concepts *Source: Accenture Technology Vision 2015 of surveyed companies are taking part in open innovation initiatives* of surveyed companies plan to engage new digital partners within their respective industries over the next two years* 77% 60% Note 1: Internal open innovation functions within enterprises
  • 5. 5Copyright © 2016 Accenture All rights reserved. Extend the funding beyond traditional IT boundaries Nimble innovation pools funding beyond IT Nimble innovation means: • Accessing discretionary funds within the business • Embracing initiatives spawned within the business • Taking advantage of low-cost emerging markets *Source: Accenture Strategy Research on the Intersection of Business and Technology, 2015. of senior executives said that IT works jointly with other areas of the organization on innovation* of senior executives said at least half of all innovation is being predominantly sourced via the business rather than IT* 64% 58%
  • 6. 6Copyright © 2016 Accenture All rights reserved. Nimble innovation frontiers An opportunity for sustainable, profitable business growth Three steps technology leaders can take to establish a new frontier of innovation: Adopt a nimble innovation mind-set focused on targeted outcomes Adapt the IT and business operating model to be open to external ecosystems Take a holistic approach to funding sources 1 2 3
  • 7. 7Copyright © 2016 Accenture All rights reserved. Learn more at www.accenture.com/nimbleinnovation Contact us to discuss how to drive nimble innovation technology.strategy@accenture.com Find out more:
  • 8. Join the conversation @AccentureStrat About Accenture Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network—Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 358,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com About Accenture Strategy Accenture Strategy operates at the intersection of business and technology. We bring together our capabilities in business, technology, operations and function strategy to help our clients envision and execute industry-specific strategies that support enterprise wide transformation. Our focus on issues related to digital disruption, competitiveness, global operating models, talent and leadership help drive both efficiencies and growth. For more information, follow @AccentureStrat or visit www.accenture.com/strategy 8Copyright © 2016 Accenture All rights reserved.