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For Sourcing & Vendor Management Professionals

SVM Is Uniquely Positioned To Connect Innovation Leadership To Innovation Services

August 3, 2010

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Why Read This Report

Amid the ups and downs of the global economy, the interest in innovation among senior business leadership has only increased. Most CEOs recognize that in a business environment characterized by higher levels of uncertainty and risk, the ability to generate and sustain innovation programs will be a crucial element of long-term differentiation and growth. Despite this executive-level focus, however, corporate leadership often lacks the strategy and tools to support a comprehensive innovation agenda — leading to challenges and frustration among employees. Sourcing and vendor management (SVM) professionals who want to play a more strategic role in their organizations need to understand the diversity of players in an innovation ecosystem that includes strategy consultants, technology services, product management providers, product development firms, and idea management services. With knowledge of this market, SVM executives can ensure that their IT and business counterparts are working with the right innovation partners at the right time. In the process, they can establish their role as a crucial partner in the innovation process.

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  • Innovation Became A Priority In 2010
  • Many Companies Do Not Support Innovation Efforts With Proper Management

Table of Contents

  • CEOs Are Under More Pressure To Innovate
  • SVM's Unique Opportunity To Connect Business Execs And Innovation Suppliers
  • Diverse Market Players Serve A Range Of Innovation Objectives
  • Sourcing Connects Innovation-Minded Execs And Suppliers
  • Participating In The Innovation Process Makes SVM A Strategic Enabler
  • RECOMMENDATIONS

  • Innovation Suppliers Are Long-Term Partners, Not Quick Innovation Fixes
  • Supplemental Material
  • Related Research Documents

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