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reno solutions
MANAGEMENT CONSULTING

Business Strategy & Planning

Innovation Strategies

innovation strategy

In today’s world, competitive advantage is short-lived. New competitors can emerge unknown and capture significant market share in a short time period. Often ideas are small, incremental with potential to deliver only limited value improvement or they are locked up in complex organizations with no capacity to deliver them.

A key source of sustainable competitive advantage is continuous innovation. For that reason, innovation has become central to organisations strategy and requires excelling in many areas

  • Creativity is critical, we support our clients in achieving and maintaining the right
      balance with the more quantitative disciplines to generate breakthrough ideas
  • Leadership, culture, and organisation are central and especially significant in
      determining how well organisations innovate
  • The innovation portfolio must be actively managed at the firm level to diversify overall
      portfolio risk 
  • In todays interconnected environment innovation has to be considered in the context of
      the overall organisations network ecosystem. We help our clients establish the right
      level of “openness” for their environment
  • We help clients connect with best-practice knowledge and identify key factors driving
      innovation
  • Working with clients we develop market, competitor, technology intelligence in order to
      provide informed decision making
  • We help clients with Innovation Management  Providing Innovation Audits seeking out
      Hidden Assets & Capabilities,  developing Innovation Effectiveness Metrics

Overall we help our clients develop a systematic, business-oriented approach to innovation, improving their capabilities to create new value in new ways, and ensuring that their innovation strategy is aligned with business strategy.

innovation startegy

information

Contact us
Info@RenoSolutions.co.za