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Innovation Architecture
Building a proper innovation function is like building a factory; a strong foundation with all key components are required for it to function.
The better it is built, the more value you’ll get out of it and the less maintenance you’ll need down the road. A tailored approach to leveraging these 5 key components of the Innovation Factory will ensure that your function is optimized for results.
Innovation Strategy
The innovation strategy is the starting point and foundation of your innovation factory. It serves as the guiding direction for everything you create, and will align the innovation work to the corporate strategy.
Structure
Structure is the architectural framework of the innovation factory. It requires precise resources, the right organizational design, capabilities and governance to fully tap into their potential.
Process
Process acts as the factory's conveyor belt, ensuring a smooth flow of innovation. It is paramount that this mechanism is both efficient and meticulously crafted to secure the desired outcomes.
Resourcing
Resourcing is the fuel that energizes every segment of the innovation mechanism. It comprises a balanced mix of funding, personnel, and strategic partnerships. Together, they illuminate, ventilate, and keep the machinery operational.
Culture
Culture is the intangible force that drives the underlying degree of success or failure of the entire innovation function. Much like the air flow and temperature inside the factory, you can’t see culture with your eyes, yet it can be felt, and has a direct and measurable impact on innovation output.
Innovation-as-a-Service
We help our partners innovate with the highest return and lowest risk possible.
Each step in our 5-phase innovation process can be isolated and repeated, enabling us to efficiently and effectively fail or validate innovative concepts at $5k instead of at $5M.
Ideas Generation
We first look at problem statements and customer needs.
01
Prototyping
We start with lots of big ideas, then direct our focus.
02
Validating
We test & validate ideas, failing the ones that aren’t desirable, viable, and feasible.
03
Launch to test market
With a view of the customer and our capabilities,
we decide where to place our bets.
04
Full scale market launch
We start with lots of big ideas, then direct our focus.
05
Disrupt or be disrupted
