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Innovation development
We help develop and foster innovation through the process of creating, improving, and implementing new ideas, products, services, or processes. This process typically includes several key stages including but not limited to Stage gate, six sigma, Kepner Tregoe etc:
Idea Generation
The initial stage where new ideas are created. This can come from brainstorming sessions, market research, customer feedback, or R&D activities. Working closely with all your teams to synergize idea generation.
Idea Screening
Evaluating and selecting the most promising ideas based on feasibility, market potential, and alignment with organizational goals.
Concept Development and Testing
Refining the idea into a detailed concept and testing it with potential customers or stakeholders to gather feedback and make improvements. Working closely with Engineering and R&D hand in hand to develop the most innovative and problem solving products.
Business Analysis
Assessing the commercial viability of the concept, including cost analysis, potential return on investment, and risk assessment.
Product Development
Creating prototypes or working models of the new product or service. This stage often involves significant R&D and may include multiple iterations based on testing and feedback.
Market Testing
Introducing the prototype to a limited market to gauge customer response and gather further feedback.
Commercialization
Launching the final product or service to the market, supported by marketing and sales strategies
Monitoring and Evaluation
Continuously monitoring the performance of the new product or service in the market and making necessary adjustments to improve it
Successful innovation development requires a supportive organizational culture, effective collaboration across departments, and a willingness to take risks and learn from failures. We have the ability to connect organizations with all the tools necessary to foster an innovative atmosphere.