Each November, the parent entity of the CEC, the Corporate Executive Board, releases to our members a widely read Executive Guidance briefing outlining management imperatives for the coming year. This year’s document addresses one of the most common challenges raised by Communicators – the promise and perils of globalization. The opportunity is clear: between 2010 and 2030 the percentage of global GDP from emerging markets is expected to grow from 37% to 59%; however, most organizations focus on market-level investments and fail to address how corporate center functions such as Finance, IT, Legal, and of course, Communications need to adapt. The Corporate Executive Board has outlined six management disciplines critical for long-term success in emerging markets (and members will have upcoming opportunities to digest them all); however, one in particular struck me as a place for immediate impact from a high-functioning global Communications department: Accelerated Collaboration and Innovation.
While access to new markets and talent should offer opportunities for market shaping innovation, less than 40% of employees perceive effective collaboration – even in just one location. The results are troubling: innovation vitality (the percentage of sales from new products) is troublingly low to keep up with the necessary pace of growth in these new markets and less than a third of R&D staff in developed or emerging markets report high levels of trust with their global counterparts.
So how is this all a Communications problem (other than the fact that everything is a communications problem!)? Corporate Executive Board research shows that most organizations wrongly attribute these deficiencies to the innovation skills of geographically dispersed R&D centers; however, leading companies instead focus on increasing 1) the willingness of global employees to share and receive information and 2) the strength of connections to actually identify and apply new ideas – in other words, the effectiveness of the communications environment. Two lessons from our research into global intranet platforms suggest some immediate solutions. Read More »










