There are many and varied definitions of the word innovation. The word often conjures up visions of scientists in white lab coats holding clipboards, but the most successful innovations that drive business results are often small and incremental cultural innovations rather than dramatic large-scale R&D endeavors.

For innovation leaders, mandates for metrics from CEOs and CFOs are nothing new, but how do you measure the competencies that help companies become better innovators, such as creating an innovation culture, or being better prepared to work on diverse teams?

China has recognized the need to put its giant economy on a path toward developing an innovation culture, an initiative that could position it to challenge the U.S. as a global leader of innovation. But despite a massive investment in research and development, the nation faces some significant barriers to reaching its goal.

Our current health and economic crises only accelerate the vital need for more innovation and faster digital transformation. Senior innovation leaders on the Advisory Board of The Conference Board Innovation & Digital Transformation Institute explore this means in terms of challenges and opportunities across multiple levels.

This year’s C-Suite Challenge painted a clear picture of how corporations’ most senior executives see the future, and what priorities and interventions are required to succeed in it. We have been looking at the insights through an Innovation & Productivity lens to help Innovation leaders best influence the priorities and efforts ahead.

"Save the web: technology should serve humanity, not undermine its core values and institutions" is just one of John Metselaar's takeaways from this year's Lisbon Web Summit. As more than half the world's population becomes digitally connected, industry, governments, citizens and academia need to work together to keep the "digital peace."

China has recognized the need to put its giant economy on a path toward developing an innovation culture, an initiative that could position it to challenge the U.S. as a global leader of innovation. But despite a massive investment in research and development, the nation faces some significant barriers to reaching its goal.

Managing culture, embracing metrics and pursuing evolving technologies are among the top priorities talent leaders should focus on in the New Year.

Our current health and economic crises only accelerate the vital need for more innovation and faster digital transformation. Senior innovation leaders on the Advisory Board of The Conference Board Innovation & Digital Transformation Institute explore this means in terms of challenges and opportunities across multiple levels.

This year’s C-Suite Challenge painted a clear picture of how corporations’ most senior executives see the future, and what priorities and interventions are required to succeed in it. We have been looking at the insights through an Innovation & Productivity lens to help Innovation leaders best influence the priorities and efforts ahead.