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The call for entries into the Accenture Innovation Index for the year 2018 is now open, reports ITRealms.
Resources close to Accenture in Lagos, informed ITRealms that the rapid changes in the world are
increasingly rewarding those who are innovating.
Also, they noted that adoption of new ways of doing things is driving growth in companies, expanding opportunities in economies and increasing the quality of life in nations that embrace it.
Also, they noted that adoption of new ways of doing things is driving growth in companies, expanding opportunities in economies and increasing the quality of life in nations that embrace it.
The outliers in innovation and those who are improving their
position have some things common - they bolster their innovation capacities
through positive-sum policies such as investments in Research &
Development, Education, Tax incentives for innovation that contribute
positively to the global body of knowledge and stock of innovation.
The Accenture Nigeria’s Managing Director Financial services, Toluleke Adenmosun, told ITRealms that in partnership with The Lagos Business School
and select C-Suites from tier one companies who are judges in the process,
Accenture applies best practice research approaches to provide a confidential
customized innovation diagnostic report that identifies each participant's
innovation strengths and weaknesses; benchmarks their innovation within their
industries; and presents strategies that may help them gain competitive
advantage.
“The banking industry is evolving right now,
requiring banks to navigate through significant challenges to not only maintain
their profitability but to also increase their revenue and meet the customers
dynamic demands. The topic of “Innovation” is a critical discussion
among the Banking C-Suites right now, as Banks are being pushed to think about
innovation in new ways that were unimaginable just a decade ago,” said Adenmosun.
in addition, Accenture, he said, believes the biggest challenge banking in Nigeria is facing is keeping up with the changes in digital technology, consumer expectations and governmental regulations. Accenture has received a significant number of requests from banks asking for greater insight and assistance on Innovation in the first few months of 2016. And with a rapidly evolving ecosystem, banks must make innovation a part of their culture and rotate to the new.”
in addition, Accenture, he said, believes the biggest challenge banking in Nigeria is facing is keeping up with the changes in digital technology, consumer expectations and governmental regulations. Accenture has received a significant number of requests from banks asking for greater insight and assistance on Innovation in the first few months of 2016. And with a rapidly evolving ecosystem, banks must make innovation a part of their culture and rotate to the new.”
"The Accenture Innovation Index 2018 will
survey nearly 100 companies in banking and Fintech space – this will include
interactions with these executives. This year’s index will focus on banking and
the fintech industry that is driving an increasing number of solutions to
customers in the financial services space. As companies in this space are
pressured to innovative and create new products and services, their impact is
shaping people’s lives and contributing to the improvement of living standards
in the country. In subsequent editions other industries and their impact will
be indexed to give an even broader view of the various industries strengths and
the nation’s most advantageous attributes.
"Collaborating with us on this journey to document and
highlight the topic of innovation, we are partnering with The Guardian
newspapers and Techcabal to share the insights with you. This Index is designed to provide a national benchmark
for innovation, providing businesses and policymakers with an authoritative and
objective snapshot of the state of innovation within their organisations and in
Nigeria,"
Stressing, "We look forward to sharing the report and its findings
with you once the process is completed. We are excited to see how our industry
leaders compare with peers in other countries where we have conducted the
survey."
