Large organizations benefit from Chief Innovation Officers who focus on monitoring industry trends, evaluating new ideas, and adopting best practices that align with departmental goals.
Leaders of midsize companies often don’t have the luxury of a CIO to guide them. They are too focused on the basics of maximizing day-to-day business activities such as fostering great relationships with customers, building an engaged employee base, and honing an eventual exit strategy. Any curveballs due to market volatilities or new competitors can be destabilizing. Mastering the basics, mitigating the curveballs and looking ahead requires may require outside support.
Our solutions leverage processes honed through years of starting and growing initiatives, divisions and companies designed to transform.
Each client organization comes to us at a different point on the innovation readiness scale. A full-scale innovation mindset initiative has three phases at it’s core. Our solutions are designed around these interdependent phases.
- Audit – We combine an analysis of your existing data and a review of processes and systems with 1:1 interviews with your key team members to create an innovation SWOT analysis. We overlay this with a competitive analysis of companies you’ve identified as significant.
- Strengthen – Your innovation roadmap becomes clear at this phase. Through a series of strategy sessions with key team members to analyze what was learned, we work to articulate your innovation strategy and identify initiatives to be prioritized by your team. We help you build bench strength through 1:1 coaching with leaders, employee training workshops that introduce innovation mindset, and a process for ongoing elevation, vetting and approval of ideas. The final step is establishing the programs that reward and support new innovations.
- Align – Funding and growing your initiative relies on successful customer discovery and beta testing which allows for the completion of your business model canvas. We use lean startup methodology to flesh out your business model canvas informing messaging, marketing channels, resources needed, partnerships, activities, revenue streams and cost structures.
Your organizational readiness drives the the starting point for your innovation mindset initiative. A discovery call with leadership helps determine the best solution for you.
Contact us to schedule your free 30 minute discovery call!