To complete the process and open the door
to action, Gest InnovaIde deliver a report that defines actions for improvement
opportunities and places them on a road map in context with priorities and
implementation time, this report is discussed in a final brainstorming session.
The contents of this report is as follows:
1. Executive Summary
2. Opportunity Heat Map
3. Inventory of Initiatives
4. Joint initiatives by Category
5. Initiatives Sheets Reviews
6. Roadmap Initiatives Reviews
7. Final Recommendations
·
Description of
the consulting approach
Through a process assisted Gest-InnovaIde
helps Iphonedroid to fill the necessary information for the Comparative Report
and understand IMP3rove assessment framework.
After analyzing the Comparative
Report will generate two reports:
1 .- Position of the Organization in
innovation
2 .- Opportunities for Improvement
and Early Victories
Methodology Steps:
1.- Comparative report:
Using IMP3rove which is the European
Framework for the Analysis of Innovation Capability, Gest InnovaIde divides the
five dimensions of innovation (Innovation Strategy, Innovation and Culture
Organization, Innovation Life Cycle Processes, Results and Innovation Enabling
Factors )
in individual innovation sessions from it
get the information to analyze.
Each dimension of analysis and
information gathering is done through innovation sessions. There is on average
a total of 7 sessions (each session takes around 2,5 hours), including the
final session of results and action plan.
2.- Opportunities Report:
Gest-InnovaIde translates the above report
into a list of early victories in the short term and medium-long efforts for
achieving a sustained competitiveness for Iphonedroid.
3.- Session for improvement and roadmap
Gest-InnovaIde creates a base report
that defines actions for improvement opportunities and places them on a road
map that is discussed in a final brainstorming session.
The assessment is
expected to last between one and three weeks.
·
Achieved
results
The result was a list of improvement
opportunities mainly in the dimension of the life cycle processes. Some of the
opportunities were:
- Reduce the time life cycle: the length of time (in
months) for products from the beginning of the development(project
authorization) until Iphonedroid takes the product off the market.
-
Use open innovation as a source of new ideas, so that
Iphonedroid could receive new ideas from suppliers, customers, partners ...
Establish a R&D management system that would help Iphonedroid to
systematize its innovation.
-
Obtain public funding that would allow Iphonedroid to
finance the development of its new business model.
-
Patenting the disruptive products.
-
Monitor the time to market and time to profit.
After the roadmap session Iphonedroid decided to start with the implementation
of the opportunity to get public funding that helping it to create new
products. Gest-InnovaIde helped Iphonedroid to select the financing innovation specialist
with the best experience, quality and fees.
Iphonedroid by the selected specialist has presented a project for funding and
is waiting to see is the same has been granted.
In the medium term if Iphonedroid get financing to its new product it will
determine whether it need to implement other opportunity for improvement.
Iphonedroid wants to become more competitive, productive and sustainable.
·
Lessons
learned
From our point of view is very
important that companies are aware that if they do not innovate may disappear.
To not go away should think of innovation as the engine that can help them to
increase their competitiveness, profitability and sustainability.
Companies should know in what condition are they in the
innovation management. IMP3rove is the perfect tool that will allow them the comparison
with other companies in its sector, size, country and age, or even with other
companies outside their industry. To take full advantage of IMP3rove the
companies should hire a consultan to guide them on what steps should be taken
to increase their profitability.
Finally,
in Gest-InnovaIde we believe that the companies who want to succeed through
innovation they should collaborate with innovative institutions such as
universities, technology centers, experts in financing innovation, in creating
new innovative business models, in strategy ... companies
should rely on the concept of open innovation and think that there are actors
in innovation that can help them in the management of innovation and
furthermore increasing their competitivity, profitability and sustainabilily.