Innovation Strategy

Overview

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 or 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 product and service lifecycles shortening, organisations need to continuously generate ideas from employees, customers, competition, partner ecosystems, and the broader market. The ideas need rapid and transparent evaluation and prototyping to prove their 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’ and ‘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.