Innovation is perennially at the top of CEO agendas. Yet many executives continue to be frustrated with the hit-or-miss pace and results of their transformation programs.
Our innovation strategy experts help clients get more from their efforts – and turn innovation into a competitive advantage. We help companies go from random acts of innovation to building lasting capability, ensuring strategy, people, processes, and portfolio are working in harmony. We also help them leverage critical new innovations like AI, supported by analytics and digital insights from our colleagues at Huron.
Our focus is on ensuring clients see better and more consistent results from their innovation investments, whatever their goals are – getting new products and services to market faster, strengthening culture, meeting sustainability and social impact aspirations, and more.
Featured Insights
Innovation Within Reach: Balancing Growth and Cost Discipline
With a different approach to innovation strategy, companies can navigate these dual objectives and stay future oriented. Read more here.
How to Scale Local Innovations in Big
Companies
Three common obstacles keep local innovations from reaching global potential. Here’s how a retail bank overcame them. Download the HBR article.
Strengthen Your Innovation Capabilities to Drive Performance
Leaders can build on innovation systems already in place with a five-P model – performance, priorities, pathways, portfolios, and people. Learn more in our e-book.
Our Expertise
We help clients develop a robust innovation strategy that is aligned with their enterprise strategy and tailored to meet their growth aspirations. We work with leadership and growth teams to assess innovation performance, align on future goals, identify strategic opportunity areas, and define financial targets and scorecards. We also help design the systems and processes to accelerate the innovation journey, from customer need and ideation to piloting and commercializing new products and services.
The result is portfolio of initiatives and business model innovations that can be prioritized for meaningful investment and scaled to drive growth, diversification, and operational excellence.
Our expertise includes helping companies accelerate both longer-term transformational innovation and near-term efforts when costs are constrained.
Our Experience
Experian Makes Innovation a Competitive Advantage
We helped the global information services leader respond to new industry disruptors by building and scaling a high-performance innovation system that recharged company growth. The scaled system has reduced the time it takes to bring new innovations to market by up to 75% and doubled the expected revenue from projects, and the company was named to Fortune magazine’s “100 Best Companies to Work For” in 2023. Read the full story here.
How Maersk Designed a More Innovative Supply Chain
We helped one of the world’s largest shipping companies respond to pandemic disruptions by creating an innovation center that was guided by the following principles: maintain clearly focused enterprise priorities; establish effective governance and communication systems; and ensure well-designed and repeatable processes. The results were improved operations efficiency, reduced carbon admissions, and enhanced supply chain resilience. Explore the article here.
DBS Bank Breaks Down Barriers to Innovation
As fintech start-ups and technology giants were rapidly unbundling banking services with simpler solutions, we helped one of the largest banks in Southeast Asia transform into an agile, tech-driven organization. The change management effort fostered a culture of agility, experimentation, and customer obsession, leading to new digital innovations and the company being named “World’s Best Bank” by Euromoney magazine in 2019. Learn more about the experience here.