by Jon A. Fredrickson Vice President, Chief Innovation Officer
The access to clean water and sanitation and the management of freshwater ecosystems are both essential to the health, wellbeing and economic prosperity of communities everywhere. These issues are so fundamentally important to the lives of billions of people across the globe that the United Nations has named them in one of its Sustainable Development Goals (SDGs).
If you only look at the data, it would appear that modern innovation is in a very poor state. Despite 84% of global executives saying innovation is important to their organization, nearly every single one of them, a full 94%, say they are dissatisfied with their innovation performance, according to a recent McKinsey poll. Thankfully, innovation is alive and well, mostly thanks to organizations who are willing to take one key step: opening up their innovation efforts to outside partners.
Back in May, InnoCentive officially announced a major partnership with Enel, a multinational leader and integrated player in the global power, gas and renewables markets. This partnership entails the creation of open innovation challenges and other initiatives to support Enel’s pursuit of multiple UN Sustainable Development Goals (SDGs).