Innovation Strategy to Execution Process

Innovation strategy does little good if it is not acted on. Realizing returns on your innovation strategy can be difficult unless you have a disciplined process and a logical set of connected activities that enable you to take your innovation strategy to execution.

Unlike the process of developing an innovation strategy, the execution of this strategy requires different and additional skills and capabilities. It also comprises a continuous, repeatable process, not a single action or step.

At Innovation 360, we not only help you create your innovation strategy and ideate your innovation portfolios, we also help you valuate your innovation metrics, innovate viable solutions and demonstrate commercial success using our Innovation Strategy to Execution process.

 CREATE the Innovation Strategy

Innovation begins when your company is the first to identify new opportunities or to spot emerging trends before your competitors. Thus, identifying innovation opportunities is the first step to CREATE an innovation strategy that is insight-driven, market-centric, discovery-based and centered on finding new methods of value creation. During innovation strategy creation, we utilize methods and practices for Scenario Planning, Strategic Foresight, Knowledge Superiority and Innovation Culture Development.

 IDEATE your Innovation Projects

Building on your new innovation strategy, Innovation 360 and our partners help you IDEATE a strategically-sound portfolio of innovation projects. We offer a number of practical approaches, such as internal ideation workshops, crowdsourcing and open innovation networks to build your innovation portfolio, and generate ideas that can be converted into new products, services or business models in support of your innovation strategy.

 VALUATE your Innovative Portfolio

Once your innovation portfolio is developed, Innovation 360 helps your organization establish a new breed of metrics that move beyond conventional measures and create an organizational environment that supports and drives strategic innovation. We help you VALUATE your innovation portfolio, using metrics and measures for driving behavior, as well as evaluating the results of your innovation strategy. This ensures both a healthy innovation ROI and feedback loops for learning and improvement.

 INNOVATE Viable Solutions

The transformation of valuated ideas into new business models, processes, products or services goes through our well-defined idea-to-cash staged process adapted from Dr. Cooper's Stage-Gate© Innovation Process. A high-quality, disciplined stage-gate system has shown to improve innovation success rates. We tailor our approach to your unique situation and requirements for innovation. You gain clarity and alignment and build momentum as we facilitate your team to ensure that you INNOVATE viable solutions that add customer and organizational value.

 DEMONSTRATE Innovation Success

Innovation 360's commercialization process helps you DEMONSTRATE the results of your innovation solutions, to ensure that your innovation efforts are profitable and create new value for customers and your organization. Our commercialization process includes designing marketing campaigns, new pricing models, voice of the customer systems and continuous improvement methods to achieve breakthrough results and continuously profit from your innovations. 
 

Want to know how our Innovation Strategy to Execution process can improve your innovation ROI? Email us or call +971 4 319 7645.