Recent events have driven an increased adoption and need for digital transformation, leaving technology companies with the challenge of determining how to more quickly and seamlessly meet unmet needs in the market. Finding the right partners to collaborate on new technology solutions is often the quickest way to market to ultimately fill gaps in the portfolio and find new revenue streams.
How We Help
Define Product Innovation Challenge
Understand current portfolio, market trends, portfolio strategy, and culture of innovation. Define capability gaps within existing portfolio as well as innovation culture design principles. Define the key areas of interest for product innovation that support company strategy and growth ambitions.
Build An Inventory Of Opportunities Within The Landscape
Define type of company profiles to target to address key areas of interests. Scout innovation hotspots globally to identify inventory of companies that could be investment, partnership, or acquisition opportunities. Research companies and drive each through thorough assessment process to identify and classify top opportunities.
Facilitate An Innovation Sprint To Select The Biggest Opportunities
Using Design Thinking principles, design an Innovation Sprint experience that supports goals and culture of innovation. Execute sprint experience with meaningful opportunities to educate, connect, and rapidly ideate on opportunities. Design and drive opportunity prioritization and decision frameworks to narrow ideas to top 2-3 opportunities.
Build The Case For Further Investment
Align companies with internal stewards and stakeholders to move ideas forward. Develop high level business case and work plans for the 2-3 prioritized opportunities. Align resources and drive new opportunities and culture of innovation.