Business innovation has been rapidly advancing over the last decade… or so we thought. Reading BEIS’ recent 2019 Innovation Report, we can see that innovation in UK companies fell in 2018 to the same levels as 2010, writes Neil Sholay, VP of Innovation, Oracle EMEA. Only 38% of companies were ‘innovation active’, a drastic fall from 49% in 2016. But why are we going backwards? Why has innovation become an uphill struggle? And how can the current crisis help us get it back on track?
In the last few months, I’ve been working with businesses large and