How we help you make innovation happen. · 2020. 5. 14. · system so as to make innovation...

Strategic Innovation.How we help you make innovation happen.March, 2019

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Our Thinking on innovation

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What’s strategic innovation.

To your market, industry or the world

Creating value for your customers, your enterprise, and ecosystem

Going beyond products to platforms, business models, and customer experiences

Which is different to R&D, invention, and being creative

Strategic Innovation is the creation of a new, viable business offering.

Aligned to your strategy, and business objectives Our Thinking

on innovation

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For organizations that manage to successfully adopt strategic innovation at scale, there are a number of powerful benefits, including:

Why does this matter ?

1 Generate revenue by strengthening your core and enhancing existing products & services

2 Generate revenue by launching new products, services, and businesses

3 Improve customer satisfaction

4 Improve operational effectiveness & productivity

5 Reduce costs for existing products and services


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A recent study by Deloitte on the state of innovation in Europe highlights the importance of innovation, and what is triggering innovation activity.

What’s driving innovation.

New technologies

92%

Changes in regulation

81%

New customer expectations

86%

New competitors, and start-ups

75%

Cost efficiency

86%

New markets

73%

New business models

83%

Demographic changes

72%of businesses are increasing their

innovation budget.

88%


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Despite considerable investments of management attention, time, and money, innovation outcomes remain unsatisfying in many organizations.

You need an innovation strategy...

84%of executives believe innovation is important to growth strategy and the future of their business.

of CEOs struggle to find talent with innovation skills.

77%

of innovation portfolios are allocated to continuous innovation.

78%

of companies do not follow formal innovation processes.

57%

of CEOs are satisfied with innovation performance.

6%

of companies take a year or longer to create new products.

60%

of companies consider company culture the main barrier to innovation.

32% Our Thinking on innovation

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Questions we help you answer.…to solve innovation challenges.

Setting Innovation Strategy• Are we competitive enough to survive and grow? I’m wondering about what benefits

innovation could bring to my company and how it could help me achieve our strategic business objectives.

• Our industry and customers are changing faster than we are. How can we keep up, deliver growth and create new businesses?

• There are competing definitions in the firm for innovation, with no consensus.• What about all these new technologies…what do they mean for us and how

can we benefit from them?

Being Innovative• We need to create a culture of innovation.• How can we make our company more innovative?• How can we engage our employees and enable them to innovate?• We’re only good at continuous improvement, we need more disruptive innovation.• We have so many ideas, but we can’t seem to implement them? How should we start?

Managing Innovation• How can we align our company on clear innovation objectives?• How should we manage innovation?• We have no clear and structured approach for being innovative.• Innovations developed in one part of the business rarely scale anywhere else.• We can’t get the right people in the room to make decisions; or we have to get everyone

in the room (and the outcome is always the lowest common denominator).


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What we offer



What we offer

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Our services for helping you to become a world class innovator.Our innovation services...

Apply New TechnologiesWe know new technologies and how you can apply them in your business.

Partner with, Invest in, and Buy Start-UpsWe help you to get to know start-ups, curate your innovation ecosystem, and leverage the innovation capabilities of start-ups for your success.

Set Innovation StrategyWe work with leaders to identify where and how to innovate.

Build Innovation CompetenceWe instil the discipline of effective, reliable innovation, and build your system so as to make innovation repeatable.

Design, Build, & Launch InnovationsWe work with you to conceive and develop innovations and new growth businesses.

Accelerate Innovation Initiatives and ProjectsWe provide inspiration, experience and resources to move your innovation projects forward and achieve a fast impact.


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Deliverables, outcomes and benefits of our work.…will enable you to achieve sustainable results.

A clear innovation strategyYou will have a clear definition of where, what and how to innovate; be explicit about your innovation ambitions, and how to organize and execute your innovation efforts.

A strong portfolio of profitable innovationsA balanced portfolio of innovation projects helping you to achieve your strategic objectives and priorities of today and tomorrow.

Innovation beyond productsDriven by deep and unconventional insights about users throughout the value chain, you will look beyond product innovation to transform other elements of your business.

Using modern entrepreneurial approaches and practices based on Design Thinking, Lean Start-Up, and Agile, you will validate, build, and scale ideas rapidly to achieve a quick return on investment.

An enabled organizationYou’ll have a capable team and an effective innovation operating system in place. With a focus on innovation discipline, you’ll make innovation an organizational capability, for today and tomorrow.

Fast execution

Strategy

Results

Capabilities

Innovations


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How we work



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How we make innovation happen.Our approach.

Design, Build & Launch Innovations

Enter adjacent or new markets, address new clients, develop new offerings and launch new growth businesses, increase productivity.

Build Innovation Capabilities

Become a better innovator by building your innovation system, creating a culture of innovation and making innovation a systematic discipline across your organisation.

Create Awareness for Innovation

Understand trends and drivers, and what is needed to remain relevant in the future. Learn about new players, start-ups and technologies.

Set Innovation Strategy

Make strategic choices about the growth & innovation direction of your business.


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The foundation of our approach towards innovation is based on modern entrepreneurial practices.

Our way of working.

Prototyping

Considering your

context

User centered

It is all aboutpeople

Co-creative

Design with,

not just for

Agile

A bias towardsaction and

getting started

Tangible evidence

beats endless discussions

Holistic


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What we offer



What we offer

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Our value proposition.Why Deloitte.

We know your Industry

We have deep knowledge of your industry and innovation in your industry.

We know Technology

Deloitte is a leader in applying new technologies to innovate in your industry.

We have the Ecosystem

We are part of a global network of capabilities, start-ups and partners who can help you to successfully innovate.

We know Innovation

Deloitte is a recognized thought leader in innovation.


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Working in agile sprints we get you started on your innovation journey.Getting started.

We perform an initial assessment of your current innovation strategy, practices, system, and performance as a baseline for decision making.

Initial assessment Innovation approach ExecutionBased on the initial assessment, we co-create the best approach for your organization to boost its innovation performance, and define priorities to achieve results quickly.

Initiating the implementation of your innovation efforts, we work with you, your teams, and your organization to prepare leaders, support implementation, and drive program execution.

Discover Design Deliver

Boosting performanceTo ensure your innovation transformation is robust over time, we track value outcomes, and propose adaptations to your innovation approach based on insights, lessons learned, ongoing disruptions, competitor moves, and emerging trends.

Drive Impact


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Get in touch.



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We’re looking forward to working with you.Ready to innovate?

Partner | Technology & Innovation [email protected]

Patrick LaurentPartner | Deloitte Digital [email protected]

Pascal Martino

Director | [email protected]

Dr. Marc Sniukas


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mailto:[email protected]



Thank you.


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How we help you make innovation happen. · 2020. 5. 14. · system so as to make innovation...

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