Ten Things C-Suite and New Innovation Executives Want to Know About the Innovation Process
When it comes to innovation, executive leaders want to know: Who can get it done? How can we fund it? How does that kind of work get managed? Experience tell us there are 10 things leaders should know. Our insights from extensive practical experience offer successful guidance in building and maintaining an innovative organization capable of thriving in today’s dynamic business environment.
Why You Need Scenario Planning
Why does scenario planning matter so much? The world is now more TUNA (Turbulent, Uncertain, Novel, and Ambiguous). Traditional strategic planning approaches may not be effective anymore. Scenario planning prompts us to question the changing state of the world.
Scenario Planning for Business Growth (And How to Do It)
Have you ever found yourself asking these questions: "How robust are our existing options?" "What new options should we develop?" "What skills are needed in the future?" "How can we revisit major risks?" "How can we attract and keep interesting customers?" "How can we attract and keep interesting partners?" Let’s see how scenario planning can help answer them.
Resilient Responses: Turning Adversity into Opportunity
Learn how Hewlett Packard Enterprise (HPE) and DHL overcame global challenges to turn adversity into opportunity. By embracing digital transformation, diversifying supply chains, investing in automation and robotics, and building financial resilience, they positioned themselves for success in the face of adversity. Discover their innovative capability-building responses that have made them more resilient and successful than ever.
Four Strategies and Seven Questions to Innovate for Revenue Growth
Even in downturns, innovation is key to driving revenue growth. By staying ahead of rapidly changing customer needs, companies can adapt quickly and develop new products or services. This leads to increased customer satisfaction, loyalty, and gives companies a competitive edge. But it's not just about creating new products. Innovation can also identify cost-saving opportunities, improve efficiency, and increase productivity. By staying on top of market trends, gathering customer feedback, tracking key metrics, and using financial modeling, companies can make data-driven decisions that prioritize innovation efforts and maximize returns.
Practical Considerations for AI Adoption in Business
Clearly, AI is ready for its close-up in the business world, and we should all anticipate more AI adoption in the workplace. The challenge is balancing human expertise with AI technology.
Navigating Shifting Customer Expectations
Our team helped a business concerned about shifting customer expectations to analyze and prioritize emerging customer segments to create a growth trajectory. We identified critical business competencies such as business analytics, specialized sales, and process design necessary to establish a new service line. This approach proved successful, resulting in a sixfold increase in revenue and profit margins over the last three years.