Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 335

Culture of Equality Is Powerful Multiplier of Workplace Innovation, New Accenture Research Finds

Posted by fidest press agency su domenica, 10 marzo 2019

Published today in the company’s “Getting to Equal 2019” report, the research found that in the U.S., employees’ innovation mindset — their willingness and ability to innovate — is nearly five times higher in companies with a robust culture of equality, where everyone can advance and thrive, than in least-equal companies.“In this era of widespread disruption, businesses and organizations need to respond with continuous innovation to succeed,” said Julie Sweet, Accenture’s chief executive officer – North America. “Our research makes it clear that tapping the power of workplace culture is essential to unleashing innovation across the company.”According to the research, the vast majority of executives around the world agree that continuous innovation is essential: 95 percent see innovation as vital to competitiveness and business viability. A culture of equality is a powerful driver of an innovation mindset — more than other factors that differentiate organizations, such as industry, country or workforce demographics. Among those surveyed, people across all genders, sexual identities, ages and ethnicities show a stronger innovation mindset in more equal workplace cultures.
Accenture’s new research is based on a survey of more than 18,000 professionals in 27 countries, including 1,400 in the U.S., a survey of more than 150 C-suite executives in eight countries and a model that combines employee survey results with published labor force data. It builds on Accenture’s 2018 research, which identified 40 workplace factors that contribute to a culture of equality, and grouped them into three actionable categories: Bold Leadership, Comprehensive Action and Empowering Environment.This year’s research determined that an empowering environment is by far the most important of the three culture-of-equality categories in increasing an innovation mindset, which consists of six elements: purpose, autonomy, resources, inspiration, collaboration and experimentation. The more empowering the workplace environment, the higher the innovation mindset score. For instance, U.S. employees in robust cultures of equality are seven times more likely to say that nothing holds them back from innovating (44 percent in most equal cultures vs. 6 percent in least equal cultures).However, organizations must close the important gap the research revealed between C-suite executives and employees. While 76 percent of executives globally said they empower employees to innovate, only 42 percent of employees agree. For example, executives appear to overestimate financial rewards, and underestimate purpose, as motivations for employees to innovate. In a more equal culture, the strongest factors underpinning an innovation mindset include providing relevant skills training, flexible working arrangements and respect for work life balance.

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