Innovation ReThink
Extend the way your organisation manages innovation
Innovation ReThink is an approach that supports medium to large organisations in extending their innovation capability. Using practical and collaborative approaches, it gives technology and innovation leaders a fresh perspective on their Technology and Innovation Management system, helping them to make robust decisions on R&D investments that will result in successful products, services and solutions.
Extend the way your organisation manages innovation
Innovation ReThink is an approach that supports medium to large organisations in extending their innovation capability. Using practical and collaborative approaches, it gives technology and innovation leaders a fresh perspective on their Technology and Innovation Management system, helping them to make robust decisions on R&D investments that will result in successful products, services and solutions.
BENEFITS FOR ORGANISATIONS
- Position innovation as the fundamental pillar of business growth and stretch organisational thinking and ability for innovation
- Identify clear priorities for the development of products, services and other strategic initiatives
- Develop plans for the organisational changes needed to deliver priorities
- Implement business changes aligned to strategic initiatives
- Involve key stakeholders throughout the process to gain organisational support and alignment
“The IfM has really helped us by challenging our thinking, helping us to engage a wider section of our workforce in the innovation process.”
Andy Clifton, CTO, Domino Printing Sciences
Explore how IfM tools and approaches helped Domino Printing Sciences think differently about their approach to innovation
THE APPROACH
How does Innovation ReThink work?
1. Assess and prioritise your capabilities
Using IfM frameworks including the Technology and Innovation Management Diagnostic (TIM Diagnostic), we quickly build a picture of current capabilities highlighting strengths and prioritising areas for improvement. We use insights from key internal stakeholders, customers and other members of your business ecosystem to build a comprehensive situational analysis.
By the end of this stage, you will clarify your strengths and the areas requiring improvement in your innovation management system.
1. Assess and prioritise your capabilities
Using IfM frameworks including the Technology and Innovation Management Diagnostic (TIM Diagnostic), we quickly build a picture of current capabilities highlighting strengths and prioritising areas for improvement. We use insights from key internal stakeholders, customers and other members of your business ecosystem to build a comprehensive situational analysis.
By the end of this stage, you will clarify your strengths and the areas requiring improvement in your innovation management system.
2. Target and establish pilot projects
From the work in stage one, we will work with you on high-impact projects aimed at delivering new value for the business. The focus for this stage is structured and rapid team discovery and alignment on key innovation areas is achieved. This provides strategic leaders with a robust and compelling narrative for investment and redeployment of resources. Projects can also target improvement of specific aspects of your innovation management system with the aim of delivering and demonstrating value, building momentum and aligning results with key business drivers and growth objectives.
CASE STUDY
Tools applied at this stage include the IfM’s Strategic Roadmapping approach, which we have deployed in hundreds of organisations to support them in their technology innovation planning.
“Roadmapping provided a valuable framework to bring the right people together to share knowledge and to transform this collaborative knowledge into delivering better strategy and innovation planning.”
DR HIROYUKI NOSE, MANAGER, TECHNOLOGY PLANNING DEPARTMENT IHI CORPORATION
2. Target and establish pilot projects
From the work in stage one, we will work with you on high-impact projects aimed at delivering new value for the business. The focus for this stage is structured and rapid team discovery and alignment on key innovation areas is achieved. This provides strategic leaders with a robust and compelling narrative for investment and redeployment of resources. Projects can also target improvement of specific aspects of your innovation management system with the aim of delivering and demonstrating value, building momentum and aligning results with key business drivers and growth objectives.
CASE STUDY
Tools applied at this stage include the IfM’s Strategic Roadmapping approach, which we have deployed in hundreds of organisations to support them in their technology innovation planning.
“Roadmapping provided a valuable framework to bring the right people together to share knowledge and to transform this collaborative knowledge into delivering better strategy and innovation planning.”
DR HIROYUKI NOSE, MANAGER, TECHNOLOGY PLANNING DEPARTMENT IHI CORPORATION
3. Integrate projects and change
The scale and breadth of innovation identified in Step 1 can challenge the status quo. Innovation ReThink helps leaders to make the case for, and develop implementation plans for the changes necessary to deliver an improved innovation system.
Informed by the prorities in Steps 1 and 2 we apply the innovation transformation model to identify improvements to innovation approaches in the company to embed the change.
- Transformation model / strategic workforce planning / change management thinking
- Planning for change
This is an efficient and quick process for creating plans and strategy that works within the organisation.
CASE STUDY
“IfM’s experience, together with an impartial and balanced approach, was vital to the success of this exercise. With a strong focus on industry engagement in workshops and one to one interviews with strategic stakeholders, they have delivered a Strategic Technology Roadmap to AMIC, informed by industry driving industry needs.”
COLM HIGGINS, HEAD OF NORTHERN IRELAND TECHNOLOGY CENTRE, CHAIR OF THE AMIC STRATEGIC TECHNOLOGY ROAD MAPPING WORKING GROUP
3. Integrate projects and change
The scale and breadth of innovation identified in Step 1 can challenge the status quo. Innovation ReThink helps leaders to make the case for, and develop implementation plans for the changes necessary to deliver an improved innovation system.
Informed by the prorities in Steps 1 and 2 we apply the innovation transformation model to identify improvements to innovation approaches in the company to embed the change.
- Transformation model / strategic workforce planning / change management thinking
- Planning for change
This is an efficient and quick process for creating plans and strategy that works within the organisation.
CASE STUDY
“IfM’s experience, together with an impartial and balanced approach, was vital to the success of this exercise. With a strong focus on industry engagement in workshops and one to one interviews with strategic stakeholders, they have delivered a Strategic Technology Roadmap to AMIC, informed by industry driving industry needs.”
COLM HIGGINS, HEAD OF NORTHERN IRELAND TECHNOLOGY CENTRE, CHAIR OF THE AMIC STRATEGIC TECHNOLOGY ROAD MAPPING WORKING GROUP
WHAT OUR CLIENTS SAY
One of the tools used in Innovation ReThink is Business Ecosystem Strategy. This approach helped a multinational defence company win a major tendering contract for a significant modification for commissioned naval platforms.
“Before we started the process, we feared that we were not competitive to win this tender and this would increase risk to future potential contracts. We won the bid and the themes identified using the workshop had a significant impact on our strategic approach, by evidencing the best value proposition required to deliver the solution.”
CLIENT BID TEAM LEADER, MULTINATIONAL DEFENCE CONTRACTOR
GET IN TOUCH
Contact us to find out more about how Innovation ReThink can support you in extending your organsiation’s innovation capability.