VPs GROUP TECHNOLOGY ASK:
How can we connect the dots?
Between Innovation Center and the Business Units.
Between innovation concepts and business impact.
Listen to one VP Group Technology
We work with Corporate Research, Corporate Venture Capital, our Digital teams and start-ups.
We’ve got some great Digital solutions at MVP stage. The Board has asked us how we could generate business impact.
Since innovation is a Top-3-priority in our company we were also told to figure out how we could ‘scale up Scaling-Up’.
I need a specialized agency which uses state-of-the-art methods and understands end-to-end innovation.
This is why I selected innovation-3.
Here is how innovation-3 delivered
We clarified how Scaling-Up should work, in particularly with respect to the collaboration between the scaleup and the core organization.
In the new Scaling-Up process we also made clear how formal aspects should work, in particular governance, funding and which KPIs should be used at which part of the Scaling-Up journey..
We also initiated discussion about HR issues, in particular about the mechanics of HR transfer from and back to the core organization and suitable incentive schemes.
We also developed a Minimum Viable Product of a Scaling-Up Factory. This aims at accelerating a larger number of corporate scaleups at the same time by providing a supportive environment.
This MVP addresses high-level, architectural issues such as the overall funding (including balance sheet and Investor Relations considerations) as well as a portfolio of Shared Services. These will free individual scaleup from secondary processes and avoid repeat mistakes.
Community of practice
To support the awareness and the adoption of the radical innovations as well as the buy-in to the new frameworks we established a company-internal collaboration platform.
This platform contains the repository of all checklists and Best Practices and a space for sharing and discussing. Since the company’s CTO is a frequent contributor, the platform shows a good uptake.
The innovation-3 value-add
Experience and Know-How
We know what it takes to succeed in innovation. Be it incremental or non-incremental. Be it physical or Digital. Be it the individual innovation or the system.
We know how to design and scale new concepts in innovation management. We know how to make the ‘Next Frontier of Innovation’ work for your company. Be it Open Innovation portals or systematic Cross-Industry Innovation. Be it in scaling up innovation concepts or building the ‘Scaling-Up Factory’.
Our clients do not pay for learning curves. We staff our projects only with experienced experts. On demand, as your projects require. So conversations add value – Right from Day One.