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 @ firstname.lastname@example.org Merci. NovAxone Sarl, 5, rue Davioud, 75016 Paris