1. Ideate
4. Goals
2. Shape
5. Plan
7. Execute
3. Filter
6. Prototype
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Step 1
Ideate
We operate as your dedicated innovation hub, capturing a spectrum of ideas from various sources including management, entrepreneurial employees, and external innovation ecosystems.
Our focus is on four types of use cases:
Asset Driven: Leveraging your unique resources, such as proprietary data or tools.
Capability Driven: Utilizing your existing skills and potential to innovate.
Vision Driven: Ideas that emerge from a desire to revolutionize established norms.
Solution Driven: Concepts aimed at solving specific, identified needs.
Through brainstorming sessions and rigorous vetting, we challenge each idea to ensure it meets strategic objectives and possesses real market potential.
Step 2
Shape
This step involves a deeper refinement of the previously gathered ideas. In this phase, we categorize the ideas based on their application and potential impact on the company:
Operational Excellence: Innovations that enhance or streamline existing operations, like integrating AI into factory quality inspections.
Strategic Transformation: Ideas that could significantly alter the company's strategic direction with high stakes and long-term impact.
R&D Exploration: Concepts that require research and development to create new products or services, or to open up new markets.
In this step, each concept is further developed into a clear use case. The outcome of this phase is a well-defined action plan for each idea, detailing the resources required, potential risks, and a roadmap for implementation. This process ensures that only the most promising, impactful, and strategically aligned ideas move forward to the prototyping and development stages.
Step 3
Filter
We meticulously scrutinize the shortlisted ideas against four critical criteria to ensure each idea's viability and outline a Potential vs. Risks analysis:
Strategic Alignment: Confirming that the idea is in harmony with the company's strategic goals and core values.
Product Viability: Evaluating the technical feasibility and innovativeness of the product.
Marketability: Assessing the market and customer readiness to ensure there's a paying audience or added value to the target market.
Financial Sustainability: Analyzing cost structures, potential revenue streams, and overall financial viability to guarantee economic sustainability.
This rigorous filtering process effectively separates the wheat from the chaff, ensuring that only ideas with the highest potential for success are carried forward into development and execution.
Step 4
Goals
This is the step in our "Innovation-as-a-Service" framework where we define success and create mechanisms for sustained oversight. Here's how we approach it:
Establishing Success Metrics & KPIs: We define specific, measurable KPIs tailored to evaluate the progress and impact of the innovation against set objectives.
Monitoring Strategy: We devise a strategic plan that details when and how these metrics will be monitored, ensuring regular tracking of progress.
Dashboard Creation: Custom dashboards are designed to communicate these metrics effectively to management, offering clear visibility into performance.
Response Protocols: For each KPI, we establish thresholds and develop a contingency plan. If a metric falls outside the acceptable range, our strategy outlines immediate steps for risk mitigation and corrective action.
This comprehensive monitoring framework ensures that success is not just defined, but actively managed and steered towards the desired outcomes.
Step 5
Plan
This step is pivotal in transitioning innovative ideas into actionable projects. This phase involves:
Requirements Gathering: Engage with stakeholders to capture and agree upon high-level project requirements.
Requirements Analysis: Break down high-level requirements into a prioritized backlog of granular tasks.
Project Roadmapping: Develop a detailed project plan with modern project management techniques, outlining deliverables, timelines, and resource allocation for the entire lifecycle of the project.
This meticulous structuring is critical for aligning stakeholder expectations and ensuring a seamless transition from innovative ideas to tangible results.
Step 6
Prototype
The "Prototype" step is the heart of our "Innovation-as-a-Service," where we commit to transforming ideas into a market-viable prototype within 30 days:
30-Day MVP Creation: Our core offering is to build a Minimum Viable Product (MVP) in just 30 days, focusing on rapid development and iteration to bring your idea to life swiftly.
User-Centered Approach: We employ Design Thinking to ensure that the MVP is user-focused, addressing real needs and providing practical solutions.
Morphological Exploration: The Morphological Matrix is utilized to explore diverse solutions, ensuring creativity and thoroughness in addressing the problem.
Market Feedback Loop: The MVP is then iteratively tested in the market, gathering user feedback for refinement.
Flexible Timeline: Understanding that innovation is not always linear, we remain adaptable, extending the 30-day period if necessary to ensure the MVP meets quality and market-fit standards.
This step is about speed, flexibility, and a relentless focus on delivering a prototype that stands up to market needs and user scrutiny.
Step 7
Execute
The culmination of our "Innovation-as-a-Service" is the "Execution and Integration" step:
Comprehensive Development: Harnessing our network of over 130 engineers, we develop your innovation across hardware, software, and mechanics.
Project Management Excellence: Employing rigorous project management to ensure the innovation is delivered on time, within scope, and on budget.
Certification and Intellectual Property: We facilitate certification processes and intellectual property filings, leveraging our expertise to protect and formalize your innovation.
Full-Scale Implementation: Our team manages the full-scale implementation, from integrating the new system into your operations to ensuring it works harmoniously with existing processes.
This final step ensures that your innovation is not just created but fully realized and integrated into your business ecosystem.