Innovation Strategy and Delivery  

What separates the best from the rest? A world-class innovation system that is strategy-led, internally consistent, and adaptable enough to drive serial success through an ongoing innovation journey.  

Payment & Delivery

Innovation is essential. Nearly 75% of companies say innovation is one of their top three management priorities, and 35% rank it above all others. That’s not surprising. After all, a winning innovation strategy—paired with the right innovation system—can make a big difference. 

But innovation is hard. Only about 30% of companies think they are good at it. And it’s only getting more challenging. Digital and data are requiring even the strongest innovators to continually master new capabilities and develop faster and more agile research and development processes.  

Innovation Strategy & Delivery
Innovation Strategy & Delivery

The  Innovation Journey  

Avoiding these pitfalls calls for an approach that is strategy-led, biased toward action, and agile. These characteristics are true whether you’re talking about innovation in consumer products or in a business-to-business domain—or innovating at the level of the product, service, or business model. And they’re at the heart of Provscale’s approach to innovation consulting. Provscale’s innovation journey is a holistic approach in which we collaborate closely with the client to strengthen its innovation system and make innovation happen. The approach has four central elements.  

INNOVATION STRATEGY 

We begin by looking both outside and inside to define an innovation strategy that best supports the overall business strategy. Outside to understand key trends shaping customer economics and demand and to prioritize the most attractive domains for innovation investment. And inside to understand the strengths and weaknesses of the client’s innovation system. The strategy enables the innovation system to gain traction by pinpointing the most important areas for investment.  

INNOVATION SPRINTS 

A great innovation strategy is necessary but not sufficient. Creating value in a world of shortening product and business model life cycles requires decisive action—and speed. We work with clients in a sprint-based approach to develop and launch minimum viable products consistent with the strategy. Offerings are evolved in this “test and learn” approach—and the less successful ones are dropped to free up resources for other projects.  

BUSINESS BUILD AND SCALE-UP 

Efforts by companies to improve their performance rarely result in long-term and lasting shifts in performance. We help leverage the interconnectedness of your business design and deliver fundamental, sustainable improvement, using proprietary tools, such as Interactive Strategy Models®, to maximize business efficiency, effectiveness, and impact.

INNOVATION ENABLEMENT 

Increasingly, innovation success calls for the ability to continually build new innovation muscles—or to bring in new skills and capabilities from outside. We help organizations identify the critical capabilities needed and define the best path to obtain them, whether through corporate venturing, partnership, acquisition, or internal development.