In today’s fast-paced business world, staying ahead of the competition requires constant innovation. Companies need to think outside the box and come up with new ideas and solutions to meet the ever-changing needs of their customers. Innovation is not just limited to the product or service itself; it can also involve improving internal processes and finding better ways to collaborate and communicate.

By finding better ways to streamline internal processes, companies can reduce costs and improve overall performance. This can result in higher profitability and better customer satisfaction.

In addition, innovation fosters a culture of creativity and continuous improvement within an organization. When employees are encouraged to think creatively and bring new ideas to the table, it can lead to breakthrough innovations that drive the company forward.

The big consulting firms do offer digital transformation advisory and assessment. For example, BCG has a readiness assessment, which evaluates the organization on innovation tools and practices.

The Innovation Assessment Tool is designed to uncover gaps in an organization’s innovation practices. The tool is based on extensive research in innovation monitoring and assessment. It helps organizations evaluate their current innovation processes, identify areas for improvement, and develop strategies to foster a culture of innovation.

The tool will Identify Areas of Improvement, for better performance and collaboration, on the product or solution design, as well as uncover skills gaps or areas of improvement in various teams and departments in the organization. It provides organizations with actionable insights and recommendations to drive innovation and stay ahead in the market.

Some key features of the Innovation Assessment Tool includes:

  • A comprehensive evaluation of innovation practices
  • Assessment of internal processes and collaboration strategies
  • Identification of skills gaps and areas for improvement
  • Development of tailored strategies to foster innovation
  • Actionable recommendations for driving innovation
  • Ongoing monitoring and tracking of innovation progress

Once an assessment has been completed, the company can engage to conduct workshops or training to better understand and apply new innovation methods or processes.

At we can bring on experts in various sectors or establish introduction workshops or training in Design Thinking practices and more. It is also possible to have a personal mentor or coach to assist through leadership or team upskilling. Last but not least, our consultants can join projects at multiple stages, from advisory to hands-on project activities related to innovation development in the organization.

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