|
Approach
InnovationPoint's proprietary set of methodologies balances "innovation as an art" with rigorous approaches to strategic business planning. What sets us apart from traditional consulting firms is our non-traditional approach that blends creative, innovation-focused methods with fact-based conventional strategy. In addition, we possess a comprehensive understanding of the organizational issues that directly impact implementation and the requirements for creating an ongoing capacity for sustainable innovation.
Working from the "fuzzy front end" of the innovation process through the execution/market planning stage, InnovationPoint helps cross-functional client teams envision and become galvanized around new possibilities and opportunities. By engaging outside perspectives (industry experts, early adopter/lead consumers, customers, channel partners, suppliers, investors, etc.) and by fostering deep internal stakeholder alignment, we enable clients to take inspired, committed action - faster and more effectively than they could do themselves.
|
Our Framework for Strategic Innovation comprises eight dimensions: |
|
- A Managed Innovation Process - Combining Non-Traditional and Traditional Approaches to Business Strategy
- Strategic Alignment – Garnering Internal Support
- Industry Foresight – Understanding Emerging
Trends
- Customer Insight – Understanding Articulated
and Unarticulated Customer Needs
- Core Technologies and Competencies – Leveraging
Corporate Assets
- Organizational Readiness – The Ability to Take
Action
- Disciplined Implementation – From Inspiration
To Business Impact
- Sustainable Innovation – A Platform For Ongoing
Competitive Advantage
|
We offer two integrated practice areas: Growth Strategy and Organizing for Sustainable Innovation.
Our Growth Strategy methodologies include:
- Thought Leader Innovation Panels - A non-traditional, collaborative approach that brings together the complementary perspectives of hand-picked experts to explore emerging trends, identify potential growth opportunities and stimulate breakthrough thinking on a specific opportunity area.
- Strategic Horizons Roadmapping - A methodology for clarifying a business' vision and strategic intent, anchored by a phased roadmap outlining the path forward, including target markets, solution sets, required capabilities and metrics against which to monitor progress.
- Consumer-Inspired New Product, Service and Category Innovation - A suite of non-traditional methodologies at the "fuzzy front-end" that engage consumers, customers and business partners. The goal is to create insight into unarticulated needs as a springboard for breakthrough new product innovation and business strategy development.
- Business Model Design - A strategic view of alternative business models for a specific opportunity area or solution that includes scenarios for potential revenue streams, control points, partnership options, and supporting strategies.
- Opportunity Prioritization & Selection - A suite of tools that support objective analysis, prioritization, and selection of ideas and opportunities.
Our Organizing for Sustainable Innovation methodologies include:
- Silicon Valley Innovation Immersion® Programs - One- and two-day highly experiential visits to Silicon Valley that expose a client team to a hand-picked selection of innovation pioneers and leaders, who reveal short and long-term approaches to creating new capabilities based on emerging innovation best practices.
- Strategic Innovation Workshop Series - Customized, educational workshops that combine innovation best practices and case studies with practical tools for imaginative, strategic thinking and applied problem solving
- Venture Board Development & Management - A new organizational structure for engaging external industry Thought Leaders with an executive team to identify, evaluate and drive new growth opportunities, typically on a quarterly basis.
- Innovation Council Development & Management - A cross-functional council that ensures the alignment between a company's innovation strategy and operational practices.
- Strategic Innovation Lab® - A physical space designed to provide the optimal environment to engage groups in creative exploration, analysis, planning, and action - and to support teams working quickly to produce highly robust growth strategies, solutions and products.
| Our approach is unique in a number of ways: |
|
- Our methodologies have been developed from fifteen years' experience in Strategic Innovation consulting with large and small organizations.
- Everything we do is tied to our Innovation Principles.
- We deliver a balance of strategic and tactical results - helping define longer-term breakthrough opportunities that are linked back to short- and mid-term strategies and actions.
- We use a combination of non-traditional and conventional approaches, providing the assurance of tried and true methods, but not allowing our results to be limited by them.
- We stretch your organization's thinking beyond best practices to focus on "next practices".
- We bring both process and content to our engagements - while we are seasoned process architects and facilitators we ensure that subject-matter resources are always included in our work.
- The approach is flexible, scalable and realistic - we customize our approach to your organization's business needs, timing requirements and organizational challenges.
- Beyond project-focused results, we often introduce and inspire a new organizational capacity for Strategic Innovation.
|
Back to Top
|
|
