The Times dictate, according to a report by the International Monetary Fund (IMF), that one source of economic growth is going to come from emerging economies. The development of new products and services are the suspected main contributors of this new growth. Management consultancy Arthur D. Little found in its 8th Global Innovation Excellence Study that 80% of organisations are not content with their tracking and monitoring of innovation performance. Project management roles will become particularly important if emerging economies want to meet business goals. Project Management Institute (PMI) research highlights that business goals are not being met due to poor project management. They noticed that organisations with formalised project management practices have positive outcomes as they ensure the right set-up is in place for individual projects as well as enabling experience and knowledge around project management to be passed on. Therefore the message is simple: organisations should put in place processes and systems to develop project management skills because they will be 14 times more likely to achieve the results they want.