Innovation & Technology: A Strategic Imperative

Kevin Coleman is a highly skilled senior level project and program manager/advisor with experience leading projects with labor budgets ranging from a few hundred thousand dollars to multi-million dollar budgets across multiple industries.

  Strategy  

The pace of change being experienced by businesses large and small is far greater than we have ever experienced before. Factors such as the economic conditions (recession in some areas), technology, demographics (aging workforce), regulations and the risk of terrorism have come together to create the driving forces that mandate an immediate response.

Economies are interconnected at a level that has never been seen before in the history of business. Customers and competitors are truly just one click away, and organizations are developing strategies to take advantage of the opportunities provided by this global interconnectedness. The world is changing so quickly, and that is putting incredible pressure on organizations across virtually every industry and sector to adjust. It is also forcing organizations to increase their pace of change or risk falling behind (or being pushed aside).

This has led to executives with tough questions about research and development initiatives, current strategies and business models, and their organization’s overall innovation ability. Perhaps the most pressing issue and biggest hot button for executives is what is being termed “strategic execution”: getting it done at the speed of the market and faster than competitors.

Global competition has imposed significant pressures on executives to perform and develop an execution …

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