AUTOMOTIVE AND MANUFACTURING
Overview
Average Maturity Level
NOVICE
Average Maturity Score
1.89 / 4.00
Least Developed Innovation Ecosystem Pillar
LEADERSHIP
Innovation Strategy
Average Maturity Level
NOVICE
Average Maturity Score
1.84 / 4.00
Main Blocker
It seems that companies in this industry don’t necessarily have an ethos towards innovation and don’t want to take actions to be perceived as being innovative. The result is many tend to sidetrack innovation investments.
Second Blocker
It seems that companies in this industry don’t perceive innovation as key for their in-market success and growth.
Third 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.
Innovation Leadership
Average Maturity Level
NOVICE
Average Maturity Score
1.70 / 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
1.76 / 4.00
Main Blocker
The innovation strategy is apparently not translated into a clear objectives or initiatives.
Second Blocker
Apparently the skills and competencies required by employees for innovation are underdeveloped across the industry.
Third 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.
Innovation Culture
Average Maturity Level
NOVICE
Average Maturity Score
1.98 / 4.00
Main Blocker
Apparently the focus, for companies in this industry, is on making individual products successful instead of having a portfolio approach/mindset where the focus is on having the innovation effort succeed as a whole.
Second 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.
Third 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.
Innovation Process
Average Maturity Level
NOVICE
Average Maturity Score
2.11 / 4.00
Main Blocker
It seaman that companies in this industry don’t have in place the right process and structures for innovation.
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
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.