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:

Establishes portfolio of product/service, process, and business model innovation opportunities

Addresses both the “current and the future” – portfolio mix will be based on the current state of the business and aspirations

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Revenue growth

Addition of sources of revenue (customers/markets)

Profitability enhancement

Seed new businesses that will deliver future revenue

Solutions to chronic problems

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 –

A broad range of well-researched “Market Trends” to break any current psychological inertia and inspire new perspectives and ideas

“Technology Trends” that help in innovating on development and disruption of current products, services, and businesses

Underserved customer needs solving for which will create customer value

Barriers to non-consumption in existing markets

Existing & emerging business models

Chronic industry issues/ challenges

Internal challenges

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