Businesses face highly competitive markets, as technology enables competitors and new entrants to rapidly build and scale new products, services, experiences, and business models. High-performance IT organizations leverage emerging technologies and a repeatable innovation approach to deliver business results. Meanwhile, rising customer expectations and faster technology life cycles provide tech leaders with a unique opportunity to shape their firm’s innovation efforts. With this report, we outline and define the core capabilities, practices, and processes for tech leaders to inspire and innovate with technology.