Your company is a Calculated Risk Taker
current approach to strategic innovation
Calculated Risk Takers are open to carefully researched ideas and committed to “fact-based” experimentation.
Calculated Risk Taker Operating Strategies
Build and continually improve unique product creation and service delivery systems
Develop and maintain a cutting edge R & D process that thrives on experimentation, prototyping and market testing
Partner with customers to develop new products and services
desired approach to strategic innovation
Based on your selection, your desired future approach to strategic innovation is to become a Fast Follower.
Fast Followers monitor trends, look for opportunities and ideas that fit capabilities, and move quickly to address those opportunities.
Fast Follower Operating Strategies
Respond quickly to leading competitors’ new products and services
Build flexible, rapid, precise production, logistics and service capabilities with the ability to rapidly scale
Change existing products, services and logistics, introduce new offerings based on market opportunities
to be a fast follower, you must change your operating strategy
Increase continuous improvement efforts
Become more analytical
Increase work pace
Focus on meeting customer needs
All recommended changes are unique to your company’s operating strategy based on the results of our proprietary assessment.