1. Digital innovation Thank you for filling in the Digital IQ test! 11https://www.5th-discipline.com/wp-content/plugins/nex-formsfalsemessagehttps://www.5th-discipline.com/wp-admin/admin-ajax.phphttps://www.5th-discipline.com/digital-innovationyes1fadeInfadeOut Digital innovation brings your company to a better competitive position by exploiting the digital innovation results. Such an objective is feasible if there is a high level of awareness for digital innovation opportunities as well as already established processes that utilise digital data for a better understanding of the business environment and opportunities. Digital innovation and its results are the "fruits" of optimally aligned digital culture and digital technology. This part of the questionnaire will assess the following questions: How do you collect and use digital data? What are the results of your innovation processes? What is the level of awareness regarding the importance of innovation for your organization? According to Technopedia:Digital data is data that represents other forms of data using specific machine language systems that can be interpreted by various technologies. Back Next Awareness of innovation, digital and business opportunities How important is innovation for your company? What is the awareness regarding social aspects of innovation in your organisation? How does your organisation connect business opportunities to digital technology? This indicator shows if your company can harmonise own growth and development through digital innovation. Statements:We are aware of the business opportunities that arise out of digital data, digital analytics and artificial intelligencestrongly agreeagreeneutraldisagreestrongly disagreeWe are aware that digital technology is essential for our company’s future innovationstrongly agreeagreeneutraldisagreestrongly disagreeSocial innovations and sustainability are important aspects of our company’s innovation effortsstrongly agreeagreeneutraldisagreestrongly disagreeI expect the sales volume of our current and future products/services in the coming three years to increasestrongly agreeagreeneutraldisagreestrongly disagreeInnovation is important to our company for maintaining competitivenessstrongly agreeagreeneutraldisagreestrongly disagree Back Next Use of digital data What does your organisation use digital data for? This indicator shows if digital data is collected and used for specific business purposes, rather than how organisation use it. Statements:We use digital data to support the procurement processstrongly agreeagreeneutraldisagreestrongly disagreeWe are collecting digital data to analyse new markets and competitionstrongly agreeagreeneutraldisagreestrongly disagreeWe use digital data to gather insights about our customersstrongly agreeagreeneutraldisagreestrongly disagreeWe use digital data to support the innovation process in our organizationstrongly agreeagreeneutraldisagreestrongly disagreeWe collect and use digital data for decision makingstrongly agreeagreeneutraldisagreestrongly disagree Back Next Innovation results What are the results of innovation processes, radical or incremental innovation? How frequently innovation appears in your organisation? To what extent is digital technology embedded into the innovation results? This indicator describes results and outcome of your innovation processes. Statements:We are constantly innovating to improve the customer experiencestrongly agreeagreeneutraldisagreestrongly disagreeOur products and services are more innovative than those of our competitionstrongly agreeagreeneutraldisagreestrongly disagreeThe results of our innovation process always involve digital technologystrongly agreeagreeneutraldisagreestrongly disagreeNew products/services always correspond to the nature of the company’s processes (production or service).strongly agreeagreeneutraldisagreestrongly disagreeOur innovation process results in incremental improvement, rather than radical product development.strongly agreeagreeneutraldisagreestrongly disagree Back Next dimension
