Innovation culture
Successful leaders continually think about ways to advance their organizations.
Innovation culture
To have an innovative mindset, organizations must recognize the need for continual change and be committed to supporting it through action.
Organizations with a culture of innovation have a futuristic vision, a desire to achieve that future state and are not afraid to fail along the way. Innovative organizations welcome diverse perspectives and provide employees with meaningful opportunities to challenge conventional thinking.
Questions to consider when evaluating your culture of innovation
- Do your people understand what the organization is trying to do and their role in making innovation successful?
- Is the talent management process related to innovation synchronized with all the key outcomes?
- Are you leaning into every element of technology and data maturity/management to enable effective strategy execution within your operations?
- Are you paying attention to relevant performance metrics and adjusting the approaches and priorities as needed if goals are not reached?
Innovation culture – jumpstarting new ideas to drive organizational success
Innovation occurs when an organization does something new or different that creates value. Creating a culture of innovation is essential for organizations.
Innovation series
Fostering a culture of innovation includes keeping a pulse on current and emerging trends and translating the potential impacts on our firm and our clients. Explore key findings and innovative thoughts from Baker Tilly team members.
The environmental impacts of AI
As AI and the use of ChatGPT continue to rise, it is important to consider the trade-offs to increased use of these technologies, including the environmental impacts, both positive and negative.
ChatGPT’s latest test: Accounting
Experiments are testing ChatGPT’s business, legal and accounting knowledge compared to humans. Although the results don’t have clear implications, companies will need to continue to monitor the advancements of AI and find ways to integrate the technology into their services.
Fact or fiction: The bias in AI
Artificial intelligence has the potential to revolutionize how we live and work, but bias can manifest in AI systems. It’s imperative for organizations to recognize the limitations of ANI and implement effective governance measures to mitigate bias.
World Economic Forum Davos annual meeting highlights
WEF Davos annual meeting offers a glimpse into key topics that may affect organizations in the near future. Topics ranged from the climate and energy crisis, emerging technologies and predictions for the global recession and the future of work.
AI on main street
The power of AI technology has reached the mainstream user base, pressuring organizations to understand how tools like ChatGPT will change their processes and business activities.
The future is calling: blockchain's impact on the accounting profession
Blockchain technology is a decentralized, distributed ledger that allows for secure and transparent record-keeping. Blockchain technology and its key attributes have the potential to impact the accounting profession.
Metaverse: Hype or here to stay?
Are we witnessing the early development of the next generation of the internet? The metaverse faces challenges with adoption but could evolve how we view social engagement.
Services to help you
For leaders who cannot stand still, Baker Tilly’s Value Architects™ can help add value, improve performance and fuel future success by fostering a culture of innovation.
Application Services
Introducing innovative applications and services into uncharted territory opens you up to opportunity — and risk. We help you successfully blaze the trail.
Digital Strategy
Digital transformation is so much more than just implementing the latest technology. See your big picture, understand your “why” and chart a course for success with Baker Tilly Digital.
Enterprise Solutions
A strong, integrated enterprise solution can help strengthen your company’s core processes, improve performance and help you achieve your business goals.
Higher Education
Balance competing priorities. Effectively align limited resources. Advance student and institutional success.
Human Capital
Baker Tilly’s human capital consulting teams help organizations leverage the most updated approaches and latest technologies to reshape the employer/employee relationship, driving success and business returns.
Municipal Advisory
Baker Tilly Municipal Advisors is one of the nation's largest independent municipal advisory practices and provides objective analysis, planning and creative solutions for many types of projects.
Nearshoring Services
Helping organizations attain regional and international market traction and evaluate footprint changes, through sourcing strategies, alternative location analysis (nearshoring), mergers and acquisitions and regulatory compliance achieving turnkey growth strategy formulation and execution.
Risk Advisory
Baker Tilly addresses the full spectrum of risk, governance and compliance considerations in the context of industry, operations and culture.
Strategy & Management Consulting
Baker Tilly’s strategy consulting team offers growth and profit improvement services to operating companies as well as commercial and market diligence services to private equity investors.
Supply Chain Strategy, Planning & Optimization
We can help you optimize, realign and build resilient supply chain and operations.
Featured insights
Baker Tilly imprints – 2022 annual report
To be a relevant and sustainable organization, we must run our business and, at the same time, reinvent it. And in a profession on the constant cusp of change, innovation is critical.