Innovating for Impact in enterprises is about being good at –
Process and Predictability
+
Insight and Inspiration
To do this, CAIL collaborates with organizations to meaningfully improve outcomes from innovation by –
A. Leveraging their ” Process and Predictability ” competencies
B. Developing the entrepreneurial mindset for ” Insight and Inspiration “
… Essentially, having the ability to walk and talk at the same time !
This is especially important given the need for new business services and digital capabilities in a world with –
- An increasing rate of change / shorter windows of opportunity
- The need for great ” Look Ahead ” and being opportunistic
- Personalized services and delivering high value
- Growing User expectations and providing a great UX
- Portfolio Thinking and expanded metrics
- The need to better manage change and the changing nature risk
- The ability to create and monetize meaningful new value
Innovation with CAIL is about :
CAIL – Executive Innovation Consulting – to fast track having the mindset, skills, and tools needed to meaningfully improve outcomes from innovation with :
1. New Competencies
To – become a more entrepreneurial organization , have better look ahead, determine where the $ are going to be, create and monetize value creation , elevate C-Suite and BOD digital capabilities , be more aware and open to new opportunities , leverage internal and external competencies for advantage , develop big Tech / VC / Portfolio thinking , evolve the business model , see beyond your business and industry , be more sophisticated in managing the changing nature of risk
2. Better ability to Support Enterprise Entrepreneurship and Engage with Startups
To improve at – effecting change , being opportunistic , defining metrics , funding / co-investing , strategic decision making , mentoring , nurturing , finding a way , creating value , pivoting / killing / scaling projects , etc.
…. by leveraging CAIL experiences over many years in venture investing , business and technology disruption , navigating through unknowns and change , dealing with paradigm shifts , etc.
3. Becoming a “ Learning Organization “
By being good at – asking questions , developing new concepts , adding intelligence to processes , seeing and connecting the dots , getting more value from current corporate assets , creating synergies with Partners , building ecosystems , growing digital capabilities , assessing opportunity and risk , etc.
…. by leveraging the CAIL extensive background in business, with technology, and innovation
To assess collaborating to meaningfully improve outcomes from innovation –
A. Do you expect to “ buy “ or “ build “ a solution “ ?
B. What’s the potential to expand LOB capabilities and/or extend current services / products ?
C. Are there M&A plans ?
D. Is there a preference for creating new services / products “ Inhouse “ or “ with a Partner “ ?
E. Where do you see opportunity ? – within your organization, in your industry, in an adjacent industry, in a new market
F. How would you assess your competencies to –
- Create new digital services having high appeal and value ?
- Identify a meaningful new opportunity ?
- Assess risk of – an incremental innovation initiative ? – doing / attempting disruptive innovation ?
– not meaningfully innovating ? - Effectively collaborate with external parties ?
- Monetize value creation ?
- Getting market traction for a new service / product ?
- Be agile in pivoting / killing / scaling new initiatives ?