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Innovation Strategy

Key to development.

Innovation strategy

What are the common challenges?

While everyone agrees that innovation is crucial, only 6% say that they are satisfied with the innovation results, according to McKinsey.

Innovation presents organizations with unique challenges that can hinder their progress. One common challenge is the lack of alignment between innovation efforts and overall business goals. Without a clear roadmap for innovation that aligns with the corporate strategy, organizations risk having misdirected efforts and missed opportunities. Additionally, innovation is a complex and risky process, often leading to difficulties in navigating its intricacies. This complexity can result in inefficient practices, wasted resources, and limited success.

How can it benefit your business?

Innovation is what makes businesses grow and sustain. Here are some concrete benefits our innovation strategy consulting can bring you:

 

  • Develop new products that meet evolving customer needs
  • Discover new customer segments and new markets
  • Create revenue streams
  • Improve operational efficiency and reduce costs
  • Enhance the company’s reputation and brand value
  • Attract and retain talents
Innovation strategy
Innovation strategy

How do we help you?

Our innovation strategy service offers a comprehensive approach to help your organization achieve successful and sustainable innovation. We begin by conducting a thorough assessment of your current corporate strategy and innovation landscape. This analysis helps us identify areas for improvement and align your innovation goals with your strategic vision. We also assess the innovativeness of the existing vision. We then work closely with your organization to develop a clear roadmap for innovation. This roadmap outlines the steps, milestones, and resources required to achieve your innovation objectives while aligning with your overarching strategic goals.

Our expertise and experience enable us to ensure that your innovation strategy is well-defined and effectively implemented. We guide you through the process, providing guidance and support at every stage to maximize your innovation potential. By aligning your practices, processes, and culture with the innovation roadmap, we help create an environment that fosters creativity, encourages experimentation, and embraces a proactive approach to innovation.

Our approach to
innovation strategy creation

When creating an innovation strategy with a client, we look both inside and outside to a client’s organization in order to tailor the most suitable innovation strategy.

We will see what fits you best by discussing and answering these five steps:

1

What is your
winning
inspiration?

2

Where do
you plan
to play?

3

How do
you aim
to win?

4

What capabilities
do you need
in place?

5

What management
systems & innovation
processes are required?

Need help to innovate successfully?

Contact us to plan our first meeting!

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We help you shape a resilient organization

to drive sustainable growth.

Contact Information

Bryggen 3-5,
5003 Bergen, Norway

+47 98411334
vinco@vinco.no