History shows us that innovation in products, services, work processes, and management drives competitive advantage and success. Recognizing this, the Association for Talent Development (ATD) and the Institute for Corporate Productivity (i4cp) recently surveyed 393 talent development leaders across a broad range of industries and locations, seeking to understand the talent development function's role in teaching and encouraging employees to innovate at successful companies.
The research found that high-performing companies who consistently lead the competition in revenue growth, market share, profitability, and customer satisfaction are more than twice as likely to support innovation with formal strategies and processes compared with lower performers. In fact, talent development functions at top companies provide innovation training to employees organization-wide at a rate seven times that of lower-performing organizations.
Join i4cp to learn about the practices, methods, and programs top companies and their talent development teams use to drive innovation among employees and leaders at all levels.
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As CEO of the Institute for Corporate Productivity (i4cp), Kevin Oakes provides strategic direction and vision and is responsible for the overall operations of the organization. He has been a pioneer in the human capital field for the last 15 years, and is a frequent author and international keynote speaker on topics such as talent management, leadership, innovation, metrics, and strategic learning in organizations.
Prior to founding i4cp, Kevin created SumTotal Systems, the world's largest learning management system company and the industry's leading provider of talent development solutions, when he merged Click2learn with Docent in 2003. The merger won Frost & Sullivan's Competitive Strategy Award in 2004. Kevin was also the 2006 chairman of ATD's board, and served five years as an ATD board member.
