Shortening product/service and business life cycles, disruptions to the business landscape by start-ups/ new entrants, changing business models and the advent of new technologies are challenging organizations to become agile and innovative. CEOs grapple with the challenge of sustaining year-on-year growth and also building the future. We call this the “ambidextrous nature of business”.
An organization must focus on improving the current business and at the same time creating the future. This implies selectively abandoning the past so you can focus energy, time, and resources on both sides. This will be an important consideration as you develop your strategy. Both aspects should be addressed in some way.
Most companies attempt to do this, but we see companies struggle to achieve this balance. The constant pressure to deliver current performance results in focus on the current and, hence compromising the future.
BMGIs Value Proposition
We partner with organizations to build the “innovation portfolio”.
Deliverables: The “strategic innovation portfolio”.
The innovation portfolio delivers the following outcomes:
Our proven framework and approach for opportunity exploration ensures that the organization is not “blindsided”.
The strength of our approach is that we collect all the “dots” needed for deep insights. We work with our clients to study and understand –
CLIENT IMPACT
Explore our case studies of “Building the strategic innovation portfolio”