Innovation Strategy
Innovation is critical to the sustainability and growth of a business. Most organisations acknowledge the importance of innovation but often struggle with incorporating it into their culture and operations. Irrespective of the size of an organisation or the degree of innovation/ disruption, a clear innovation strategy and plan helps to align with the overall corporate strategy; channelling organisation-wide support to build the innovation portfolio.
Organisations understand that a culture that fosters innovation is imperative to sustenance. With products and services lifecycles shortening, organisations need to continuously generate ideas from employees, customers, competition, partner eco-system, and the broader market. The ideas need rapid and transparent evaluation and prototyping to prove potential and start contributing to the business’ success.
We support organisations in articulating a clear objective for an innovation program and building a plan for success. We bring structure to the innovation process by generating and evaluating ideas from both inside and outside the organisation, enabling a ‘fail fast’ & ‘fail often’ culture and focusing energies on potential winners. Our ‘Design-Thinking’ workshops for ‘Innovation Strategy’ help assess the gaps between the current state and aspirations and build a clear innovation charter.