Enhancing Engineering Culture for Sustainable Innovation
In today’s tech industry, engineering teams must align with business objectives, balance innovation with responsibility, and foster cross-functional collaboration.
In today’s hypercompetitive technology industry, success is a group endeavor that requires all functions to align fully with key business objectives. This is particularly true for engineering functions, which have traditionally led company progress by pursuing somewhat autonomous paths to innovation.
Fast rising company valuations historically supported this autonomy with sizable budgets for experimentation, often leading engineering functions to strive for and achieve moonshot goals.
Three distinct trends are now forcing a change in approach to experimentation, balancing innovation with corporate and social responsibility:
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Balancing innovation with business outcomes is critical. Engineers should prioritize and develop work based on its targeted value, aligned with corporate strategy and market needs. Viewing constraints as opportunities for focused innovation is essential. To sustain this innovation, new habits and norms within the engineering function that align more closely with company objectives should be established.
Customized learning programs are essential to upskill engineers and connect their work to strategic business objectives, such as understanding regulatory requirements and managing costs.
KPMG helps clients define strategic visions, conduct assessments, and implement compliance frameworks to ensure alignment across functions and foster a culture of responsible innovation. By reengineering business processes for innovation, with a focus on accountability and value-driven prioritization, sustainable results and long-term growth can be achieved.
For more in-depth insights and actionable strategies, download the paper.
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Shifting culture to sustain innovation
Success in tech requires aligning engineering with business goals
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