In addition to implementation services and best practice training, we also offer Innovation and New Product Development consulting covering the key drivers of innovation performance.
Knowing how to tailor best-practices to fit your own business is crucial for success. Our international consulting team has that experience, working with clients for over 20 years to design and systemize their innovation and new product development capabilities.
Top quartile corporate innovators achieve their success by getting seven critical factors right. Our unique Innovation Capability Assessment service benchmarks your current innovation performance & capabilities against these industry metrics and best-practices. We then recommend the most important actions needed to increase your innovation performance, and help you convince your executive team of the business case for change.
Ask executives what their business innovation strategy is, and you are likely to get one of:
These may all be useful, but they do not provide a game plan to win with innovation year over year. Our service helps you define the key elements of your innovation strategy, ready to be funded and executed by your organization.
Most organizations have no problem generating incremental ideas – to improve their existing products and maintain market share. But finding bold ideas that could lead to significant business growth is much harder. This service helps you implement a high quality ‘front end of innovation’ process to discover bigger, bolder ideas.
With a high quality front end of innovation process, your business will have more candidate innovation projects than they have money and people to execute. So how should managers pick the right portfolio of projects to enact their innovation strategy? This service defines your portfolio resource allocation processes to execute your innovation strategy and maximize your return on innovation investment.
Having a good idea is necessary, but not sufficient to launch a successful new product. In fact, over half of new products launched fail to meet their revenue and profitability targets. Top innovators improve their chances of success by using a high quality development process to ‘de-risk’ projects through the development lifecycle. This service helps you define your product development process using the latest practices and techniques.