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Global innovation process novaxone

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NovaXone helps you through the innovation cycle.

NovaXone helps you through the innovation cycle.

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    Global innovation process   novaxone Global innovation process novaxone Presentation Transcript

    • NovaXoneYour partners through the Innovation Cycle
    • The challenge Innovating and bringing innovation to the markets is a key activity for every company, especially those relying on technology  Given current market changes, benchmarking and alignment on best practices is no more sufficient  Thinking “out of the box” is a requirement Fostering and driving innovation into established organization is difficult as organizations tend to normalize every activity. Innovation is disruptive by nature.
    • The problem The innovation cycle requires a duration that is often not compatible with the short term objectives of the established businesses. This could lead to situation where:  Innovation paths are cut too quickly when times of cost reduction hit the enterprise  Or, conversely, unfruitful projects are maintained alive by the survival instinct of internal stakeholders The very disruptive nature of innovation requires to have an uncompromised rigorous approach throughout the project irrespective of:  Short term interest of internal stakeholders  BU resistance to dedicate resources to a process that is multi-disciplinary and not contributive to short term business results
    • Options to innovate and innovation horizonsA combination of the following optionsMake: invest and develop internallyBuy: acquire business and integratePartner: adjunct techno/product to own offerSeed: work with research centers and early investors, invest in startups, participate in ecosystem Short term (<2 years): process, marketing and Make, Partner organization innovations… Medium Term (2-4 years): innovation that potentially shake existing value chains, Make, Buy, Partner products and technology innovation, … Long Term (> 5 years): research valorization, fundamental technology breakthroughs, eco- Make, Seed system management, reinvent the business …
    • The Innovation CycleWe deliver advisory services and managementconsulting along the full cycle of the innovation process Define & Build and Evaluate Plan Deliver Innovation Strategy Innovation
    • Why NovaXone ? Throughout the innovation cycle, we provides the skills and knowledge that ensures:  That the innovation process is set and monitored by people that are dedicated to its success  An external viewpoint that will avoid conflicts and political issues to hamper the potential of the innovation  The set of expertise and experience that is difficult to find internally
    • When to use us?We are stepping in, in various situations : New disruptive challenges that force to rethink the strategy Underperforming processes from innovation to market delivery Underperforming R&D organization Organization looking to source external opportunities to nurture innovations through partnership, investment or acquisition Situation of M&A where integrating and aligning different organizations is a challenge Creation of a spin-off for addressing a non-core business Elaboration of an eco-system and associated plans of action to implement a multi-level exposure to innovation sources …
    •  Plus de détails ? : références, processus etc. Contacter: Alain Meller @ info@novaxone.com Merci. NovAxone Sarl, 5, rue Davioud, 75016 Paris