Innovation

Innovation is the key to drive any organization forward. However, some companies languish because they find it too challenging to spark ideas or they do not have the right process to sustain a robust innovation pipeline.

It is our experience that companies do have the ideas. Frequently, though, they are just too small or hidden deep within large companies in the hands of individuals who can’t drive them forward. 

To help the process, Parsec employs specific tools to help clients innovate.

Techniques for the front-end of the innovation pipeline

Creativity is vital. Most of our staff members are scientists and we are familiar with the creative process. Through our analytical approach and creativity, we can help companies generate ideas to start innovation.

Innovation process design

We believe that consumer focus is pivotal in the success of innovation. We analyze and design thorough methods by which a product can be optimised.

We can help you design and implement a stage-gate process or other decision process to funnel projects from the idea phases to the final product.

Financing of innovation

Flows of money in organizations create accountability. You can influence your innovation process by allowing different stakeholder make funding decisions concerning innovation projects: are sales departments involved in funding decisions? Are cross-functional teams part of the decision? Are scientists involved in the decision? Depending on the decision team, you can influence the time span, the relevance for the products and the flow of innovation. We help you decide on the funding approach that works best for your line of business and your organizational culture.

Innovation portfolio

To ensure risks are reduced and returns increased, the innovation portfolio has to be managed independently of traditional projects. Our analytical tools assign value to the elements in your innovation portfolio. This allows you to quantitatively assess the value and risk in your innovation pipeline and you can make funding and project decisions accordingly.

Culture and leadership

Companies can only perform innovatively if the impact of culture and leadership is proportionate. Through company-specific analysis, we assess and help foster an innovative environment.

Keynotes on Innovation
Josef Martens is available as a keynote speaker on innovation. For more information visit www.InnovationKeynote.com.

Innovation is the key to drive any organization forward. However, some companies languish because they find it too challenging to spark ideas or they do not have the right process to sustain a robust innovation pipeline.

It is our experience that companies do have the ideas. Frequently, though, they are just too small or hidden deep within large companies in the hands of individuals who can’t drive them forward. 

To help the process, Parsec employs specific tools to help clients innovate.

Techniques for the front-end of the innovation pipeline

Creativity is vital. Most of our staff members are scientists and we are familiar with the creative process. Through our analytical approach and creativity, we can help companies generate ideas to start innovation.

Innovation process design

We believe that consumer focus is pivotal in the success of innovation. We analyze and design thorough methods by which a product can be optimised.

We can help you design and implement a stage-gate process or other decision process to funnel projects from the idea phases to the final product.

Financing of innovation

Flows of money in organizations create accountability. You can influence your innovation process by allowing different stakeholder make funding decisions concerning innovation projects: are sales departments involved in funding decisions? Are cross-functional teams part of the decision? Are scientists involved in the decision? Depending on the decision team, you can influence the time span, the relevance for the products and the flow of innovation. We help you decide on the funding approach that works best for your line of business and your organizational culture.

Innovation portfolio

To ensure risks are reduced and returns increased, the innovation portfolio has to be managed independently of traditional projects. Our analytical tools assign value to the elements in your innovation portfolio. This allows you to quantitatively assess the value and risk in your innovation pipeline and you can make funding and project decisions accordingly.

Culture and leadership

Companies can only perform innovatively if the impact of culture and leadership is proportionate. Through company-specific analysis, we assess and help foster an innovative environment.

Keynotes on Innovation
Josef Martens is available as a keynote speaker on innovation. For more information visit www.InnovationKeynote.com.