AEROSPACE AND DEFENCE
Overview
Average Maturity Level
NOVICE
Average Maturity Score
1.89 / 4.00
Least Developed Innovation Ecosystem Pillar
PROCESS
Innovation Strategy
Average Maturity Level
NOVICE
Average Maturity Score
1.92 / 4.00
Main Blocker
Companies in this industry apparently don’t have a clear definition of innovation, confusing most of the times the term with digital transformation or R&D; leading to misalignment and miscommunication.
Second Blocker
It seems that the innovation strategy is rarely translated into clear tactical plans that employees can act on.
Third Blocker
Innovation targets as well as the role innovation plays in achieving certain top-line and bottom-line objectives seem not to be communicated to the employees in the majority of companies in this industry.
Innovation Leadership
Average Maturity Level
NOVICE
Average Maturity Score
2.08 / 4.00
Main Blocker
Senior leaders in this industry apparently don’t display the mindset and behaviour required for leading for innovation.
Second Blocker
Senior leadership action apparently doesn’t match the organisations articulation of the importance of innovation with the majority of focus being the incremental improvement of the legacy offerings.
Third Blocker
Senior leaders apparently don’t communicate purpose well enough and the link to and importance of innovation for the future of the companies in this industry.
Innovation Management
Average Maturity Level
NOVICE
Average Maturity Score
2.20 / 4.00
Main Blocker
The innovation strategy is apparently not translated into a clear objectives or initiatives.
Second Blocker
It seems that managers in this industry need to be offered more in-depth training on how to evaluate innovation ideas and acquire the mindset of venture capital investors.
Third Blocker
Skills development in the companies in this industry is seems to be done mostly in a one-size-fits-all fashion with little consideration for individual needs and existing capabilities.
Innovation Culture
Average Maturity Level
NOVICE
Average Maturity Score
1.73 / 4.00
Main Blocker
Apparently, there is low cultural democracy when it comes to innovation in companies across the industry. The culture is typically engineering not creative-based and top-down with decisions being taken based on seniority and hierarchical power.
Second Blocker
When talking about their individual companies, employees of companies in this industry seem not to regard their employers as being innovative.
Third Blocker
Employees in these companies apparently don’t understand the importance of innovation as a part of their day-to-day and to the future of their companies.
Innovation Process
Average Maturity Level
NOVICE
Average Maturity Score
1.69 / 4.00
Main Blocker
Companies in this industry don’t seem to have a clear process for collaboration, knowledge exchange and communication between employees. Employees seem to be siloed and collaboration is hindered.
Second Blocker
Resource allocation for innovation is seems to be an issue for companies in this industry - incremental improvements of the core offerings are typically prioritised over new growth (beyond the core) initiatives.
Third Blocker
Translating the innovation strategy into individual obtainable goals is apparently seen as a major challenge for companies in this industry.