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 Follower-Perfecter.
Follower-Perfecters improve existing products and services, maximize market potential, and change only when necessary.
Follower-Perfecter Operating Strategies
Build strong, steady production, logistics and service capabilities
Create and maintain a strong connection with customers
Improve products, services and logistics based on customer need
to be a follower-perfecter, you must change your operating strategy
Increase continuous improvement efforts
Be more experimental
Maintain or increase work pace
Develop different approaches to new products and services
All recommended changes are unique to your company’s operating strategy based on the results of our proprietary assessment.