Expertise

Innovation Strategy

We know your future growth areas.

Innovation Strategy

Developing new products and services: In our CxO study, this was the response from three out of four Executive Board members when asked which levers are most important for revenue growth. However, we know from our day-to-day consulting that it often does not work like that in reality: Many companies are instead focused on budget cuts and short-term profits. Our recipe for success? A strong innovation strategy! We show you how to focus your innovation activities on the most promising growth areas.

Solution approach

Our solution approach

Holistic innovation work

We apply your resources in a targeted way

Which innovation strategy best suits your company? We work this out together and create effective foundations for your innovation system. In the process we of course make sure that limited resources are deployed in a targeted manner and in such a way that they generate the highest value. And while we are developing your business model with you, we always keep abreast of new trends and technologies, such as AI. To create a basis for the innovation work, there are a few key questions to consider:

  • Innovation definition: “What does innovation mean to us?”
  • Innovation ambition: “How much revenue do we want to achieve through innovation?”
  • Innovation areas: "What is the 'next big thing' for our business? What future scenarios should we keep in mind?"
  • Innovation system: "How do we come up with good ideas? What process is followed with these ideas – and how do we organize ourselves?"
  • Innovation management: “How do we make innovation measurable?”

Innovation Excellence Assessment

We give you the right stimulus

Our innovation strategy development process starts with a concise Innovation Excellence Assessment. For this we examine examples of industry-specific and cross-industry best practice along the different dimensions of the innovation system. Then we put your company under the spotlight: What is the status quo? And what is the target structure? Once we have answers to these questions, we can start developing targeted measures. Our Innovation Excellence Assessment will provide you with plenty of ideas for your day-to-day business – and, most importantly, enable you to make a strong start in your innovation work. 

Client results

Kundenprojekte

100+

Innovation Excellence Assessments carried out

200%

average increase in ideas generated

100Mio€

average revenue from solutions in innovation fields in the first 5 years

Contact

From chance to consequence: Real market champions use a clear innovation strategy to make the most of limited resources.

Maya Hesky | Senior Project Manager S&T Strategy & Innovation

 

 

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