Toni Langlinais is the global lead partner for Accenture’s Growth and Innovation offering in the Strategy service line and is based in New York. toni.c.langlinais@accenture.com
Bruce Bendix is a Chicago-based Strategy partner focused on Accenture’s Growth and Innovation offering. bruce.w.bendix@accenture.com
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Bullish growth across many sectors of the global economy is leading increasing numbers of executives to move “corporate growth and innovation” higher up their strategic agendas. And recent history suggests that powerful boards are more willing than ever to oust CEOs who do not deliver on growth targets rapidly enough.
A recent study from Accenture and the Economist Intelligence Unit points to one troublesome issue: although executives are confident in their growth strategies, they are less confident in their companies’ ability to execute those strategies. Only 30 percent of survey respondents believe their companies are strong on executing growth initiatives, and only 34 percent are strong in terms of executing innovation strategies.
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