A Situation that Calls for the Service
At NovuSource, we can assist you if the following descriptions fit your case.
- The situation is NOT satisfactory for you and MUST be improved. The situation can be either present (existing) or future (non-existing-yet but based on your strategic vision of the future).
- The challenge nature is strategic, which means that its presence influences your company’s market position.
The Nature of a Strategic Challenge
The challenge nature can technical or business. Its specifics may vary and include any or all of the listed below.
Technological strategic challenges
- We need a technical breakthrough.
- We want to identify the future of products and services we offer.
- We need to circumvent competitive “blocking” patents.
- We need to build a “patent fence”.
Business strategic challenge
- We want to identify future market opportunities and threats.
- Our stock performs poorly.
- Our current strategy does not produce satisfactory results. A new strategy for a business unit or for the entire enterprise is needed.
- We lose market share to the competition.
- Our growth is stagnant (or too slow), including
A need for new sources of revenue (new markets, new products / services, etc.)
A need to fight product / service commoditization
A need to improve the corporate process as a whole or any of its parts and stages, including Quality, Reliability, Productivity, etc.
- We want to determine the future of the market niche we are in.
Client’s Expectations
At the end of project, the client should expect the following results:
- a system of mutually agreed-upon solutions that achieve the goal initially stated by the client as well as plan of actions aimed at implementation of the above solutions;
- the project team members will have become proficient with the General Theory of Innovation, its applications, techniques and tools as well as skilled in applying them to future similar challenges requiring strategic On-Demand Innovation.
The duration of a typical project does not exceed two to six months period, but it may vary depending on a specific project scope.
