Key Factors for Building and Sustaining an Innovative Corporate Culture

Key Factors for Building and Sustaining an Innovative Corporate Culture

Proof Point

27% of technology executives surveyed by KPMG ranked financial incentives as top factor for building and sustaining innovative corporate culture

Key Factors for Building and Sustaining an Innovative Corporate Culture

2016 (percentage of respondents)

Note: Data based on KPMG’s Technology Innovation Survey of 841 global technology industry leaders, mostly C-level executives, from 15 countries in Americas, Europe, Middle East, Africa, and Asia Pacific

Proof Point Findings

  • Importance of Financial Incentives – Financial incentives ranked as top factor for building and sustaining innovative corporate culture, according to 27% of respondents surveyed by KPMG, followed by career progression (24%) and internal recognition (14%)
  • Career Progression Highest Among Chinese – Career progression, such as promotions, leading factor among Chinese respondents at 28%, versus 24% of global responses
  • Key Drivers – Include intensifying competition to attract and retain top talent, growing company need to drive innovation and sustain market relevance, higher customer expectations, and increasingly demanding workforce

Business Model and Practices

Business Model
and Practices

Sector

Information Technology

Source

Date Last Updated

June 23, 2017

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