Aligning Innovation Spend with Corporate Strategy PPT

This PPT slide, part of the 27-slide 5 Principles of Innovation Strategy PowerPoint presentation, outlines the principle of Strategy-driven Innovation Spend, emphasizing the necessity for innovation investments to align closely with corporate strategy. The primary goal is to enhance the financial return on innovation efforts, which is framed as a critical component of the overall business plan.

The approach section highlights 3 key strategies. First, it stresses the importance of improving financial returns from innovation, suggesting that organizations should prioritize initiatives that yield measurable economic benefits. Second, it calls for effective budgeting of innovation expenditures, ensuring that these funds are allocated in a manner that reflects strategic priorities and is executed efficiently. Third, the slide encourages companies to expand their focus beyond traditional research and development. This involves adopting inclusive operating models that engage various stakeholders in the innovation process, thereby broadening the scope of potential contributions and insights.

The impact section provides compelling statistics. It notes that 50% of companies reported significant positive effects on revenue growth and cost management as a result of their innovation spending. Almost all organizations observed improvements in both top and bottom-line growth, indicating that strategic innovation can drive comprehensive financial benefits. Furthermore, it points out that sectors facing rapid digital disruption—such as communications, technology, and media—have notably enhanced their revenue growth through innovative practices.

This slide serves as a critical reminder that aligning innovation with corporate strategy is not just beneficial, but essential for achieving sustainable growth and competitive positioning.

This slide is part of the 5 Principles of Innovation Strategy PowerPoint presentation.

Download the Full Presentation

EXPLORE MORE SLIDES FROM THIS PRESENTATION

EXPLORE MORE PRESENTATIONS ON

Innovation Management Corporate Strategy Cost Management Revenue Growth Disruption Innovation Positioning

Are you familiar with Flevy? We are you shortcut to immediate value.

Flevy provides business best practices—the same as those produced by top-tier consulting firms and used by Fortune 100 companies. Our best practice business frameworks, financial models, and templates are of the same caliber as those produced by top-tier management consulting firms, like McKinsey, BCG, Bain, Deloitte, and Accenture. Most were developed by seasoned executives and consultants with 20+ years of experience.

Trusted by over 10,000+ Client Organizations

Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.

Flevy is the world's largest knowledge base of best practices.

Leverage the Experience of Experts.

Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.

Download Immediately and Use.

Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.

Save Time, Effort, and Money.

Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.

Read Customer Testimonials

"As a consulting firm, we had been creating subject matter training materials for our people and found the excellent materials on Flevy, which saved us 100's of hours of re-creating what already exists on the Flevy materials we purchased."

– Michael Evans, Managing Director at Newport LLC

"Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I

... [read more]

– M. E., Chief Commercial Officer, International Logistics Service Provider

"I like your product. I'm frequently designing PowerPoint presentations for my company and your product has given me so many great ideas on the use of charts, layouts, tools, and frameworks. I really think the templates are a valuable asset to the job."

– Roberto Fuentes Martinez, Senior Executive Director at Technology Transformation Advisory

"FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The

... [read more]

– Roderick Cameron, Founding Partner at SGFE Ltd

"As a consultant requiring up to date and professional material that will be of value and use to my clients, I find Flevy a very reliable resource.

The variety and quality of material available through Flevy offers a very useful and commanding source for information. Using Flevy saves me time, enhances my expertise and ends up being a good decision."

– Dennis Gershowitz, Principal at DG Associates

"I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."

– Moritz Bernhoerster, Global Sourcing Director at Fortune 500

"The wide selection of frameworks is very useful to me as an independent consultant. In fact, it rivals what I had at my disposal at Big 4 Consulting firms in terms of efficacy and organization."

– Julia T., Consulting Firm Owner (Former Manager at Deloitte and Capgemini)

"Flevy is our 'go to' resource for management material, at an affordable cost. The Flevy library is comprehensive and the content deep, and typically provides a great foundation for us to further develop and tailor our own service offer."

– Chris McCann, Founder at Resilient.World