Your company is a Fast Follower
current approach to strategic innovation
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
desired approach to strategic innovation
Based on your selection, your desired future approach to strategic innovation is to become a Calculated Risk Taker.
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
to be a calculated risk taker, you must change your operating strategy
Develop different approaches to new products and services
Be more experimental
Work at a more deliberate pace
Anticipate customer needs
All recommended changes are unique to your company’s operating strategy based on the results of our proprietary assessment.