{"id":826,"date":"2021-02-17T21:55:59","date_gmt":"2021-02-17T21:55:59","guid":{"rendered":"https:\/\/innovationmaturityindex.info\/?page_id=826"},"modified":"2022-12-20T15:39:34","modified_gmt":"2022-12-20T15:39:34","slug":"energy-and-utilities","status":"publish","type":"page","link":"https:\/\/innovationmaturityindex.info\/energy-and-utilities\/","title":{"rendered":"ENERGY & UTILITIES"},"content":{"rendered":"

[vc_row type=”full_width_content”][vc_column width=”1\/2″][vc_empty_space height=”20px”][media alignment=”center” image=”700″ width=”300″][vc_row_inner][vc_column_inner width=”1\/3″][vc_column_text]<\/p>\n

Industry Average Innovation
\nMaturity Level<\/p>\n

Novice<\/strong><\/p>\n

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Industry Average Innovation
\nMaturity Score<\/p>\n

1.82 \/ 4.00<\/strong><\/p>\n

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Least Developed Innovation
\nEcosystem Pillar<\/p>\n

Leadership & Management<\/strong><\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”20px”][\/vc_column][vc_column width=”1\/2″ column_padding=”3%” background_color=”#10d4e8″ font_color=”#000000″][vc_custom_heading text=”ENERGY & UTILITIES”][vc_column_text]An exciting industry for the 21st century the Energy and Utilities industry seems to be ripe for change.<\/p>\n

The industry sits at the crossroads of the current generation\u2019s sustainability focus and global politics. However a lack of true innovation culture and an overemphasis on technology development at the expense of other forms of innovation such as business model or customer experience make changes in this industry slow.<\/p>\n

As counterintuitive as it might seam, one of the richest industries struggles to make investments beyond optimizing the legacy core.[\/vc_column_text][vc_row_inner el_class=”industry-link”][vc_column_inner width=”1\/2″][vc_btn title=”COMPARE INDUSTRY” shape=”round” color=”default” link=”url:https%3A%2F%2Finnovationmaturityindex.info%2Fenergy-industry%2F”][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_btn title=”DOWNLOAD REPORT” shape=”round” color=”default” link=”url:%23EnergyReport”][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=”full_width_background” bg_color=”#114571″ text_color=”light”][vc_column width=”3\/4″][vc_column_text]Based on OUTCOME<\/a>\u2019s pioneering work on measuring corporate Innovation Maturity, we\u2019ve launched \u2018AIM Individual\u2019 \u2013 a single-person version of the enterprise-wide tool AIM, used to build The Global Innovation Maturity Index.[\/vc_column_text][\/vc_column][vc_column width=”1\/4″][vc_btn title=”TAKE AIM INDIVIDUAL NOW” shape=”round” color=”default” link=”url:https%3A%2F%2Fthe-aim.co%2Faim-individual%2F|target:_blank”][\/vc_column][\/vc_row][vc_row type=”full_width_background” bg_color=”#efefef”][vc_column][vc_custom_heading text=”Innovation Maturity Summary” font_container=”tag:h2|text_align:center”][vc_row_inner][vc_column_inner width=”1\/5″][vc_custom_heading text=”Strategy” font_container=”tag:h3|text_align:left”][vc_column_text]It seems that companies in this industry don\u2019t perceive innovation as being essential for markt success, therefore their innovation strategy (if even existent) focuses primarily on incremental technological improvements.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/5″][vc_custom_heading text=”Leadership” font_container=”tag:h3|text_align:left”][vc_column_text]Long term innovation apparently is given a secondary role on the leadership agenda – in companies in this industry – behind cost efficiencies of the core business.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/5″][vc_custom_heading text=”Management” font_container=”tag:h3|text_align:left”][vc_column_text]It seems companies in this industry find it difficult to translate the innovation strategy into clear and pragmatic objectives making the implementation of the strategy difficult.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/5″][vc_custom_heading text=”Culture” font_container=”tag:h3|text_align:left”][vc_column_text]It seems that in companies in this industry ideation is not a common behaviour and it happens rather sporadically. Employees rarely seem to come up with innovative new ideas outside a predefined setup.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/5″][vc_custom_heading text=”Process” font_container=”tag:h3|text_align:left”][vc_column_text]Apparently the process used for innovation by companies in this industry is ill adapted as it is only a copy of the process used in technological development. This has implication on the companies\u2019 ability to do beyond-the-core or business model innovation.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][vc_custom_heading text=”The Top 11 Most Innovative Companies in the world compared with the 11 Biggest R&D Spenders…” font_container=”tag:h2|text_align:center”][media image=”2313″][\/vc_column][\/vc_row][vc_row type=”full_width_background” bg_color=”#efefef” el_id=”EnergyReport”][vc_column width=”1\/3″][vc_empty_space height=”75px”][media animation=”none” image=”1598″][\/vc_column][vc_column width=”2\/3″][vc_column_text]Download our Energy & Utilities Industry Maturity Report 2021.[\/vc_column_text]\n

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