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Carry out an Innovation Project

Gray is all theory. Only an innovation project creates real progress, real results and real market success. Innovation is the ideal project. Unique, risky, with limited resources and many stakeholders. Start your successful project for innovation and market success.

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Our services for your goal: Carry out an Innovation Project

A profitable innovation is needed. Fast. And the shot has to be right! This marvel only takes a few months.

“Innovation? Show me the business case first!” Get business case & argumentation for your future success.

Step by step to innovation success

1

Finding innovation potential

Together we find opportunities for innovation on the market. Suitable for your company. With validated sales opportunities.

2

Carry out pilot project

First innovations in partnership with your company. Prototype, business case and implementation included.

3

Develop organization

A successful approach needs to be repeated. Other divisions are following suit. A culture of innovation emerges.

Our whitepapers

Innovation is persuasion. Many people first have to be convinced that innovation can be learned, that creativity is not a mysterious character trait and that everyone is capable of developing patent-ready solutions. Because mountains can only be moved when many people pull together. White papers are a good means of persuasion. They are free of charge, practically oriented and can be read by anyone without any entry barriers.

Whitepaper

Becoming and remaining a technology leader

6 secret ingredients for successful technology innovation.

Checklist

Shortcut to successful customer interviews for innovation

Ready for an interview?

Relevant webinars on the topic Carry out an Innovation Project

05Nov(Nov 5)9:0008(Nov 8)15:00Master Class: Technology innovationCreating uncompromising solutions, world firsts and patents: Patent-ready ideas, complex problem solving and ingeniously simple development of the next generation of technology.

21Jan(Jan 21)9:0024(Jan 24)15:00Master Class: Service and Process InnovationDesigning ingeniously simple and flawless processes: Complex interactions between customers and employees. New ways to master complexity without errors.

25Mär(Mär 25)9:0028(Mär 28)15:00Master Class: Business Model InnovationCombining enthusiastic customers and sustainable earnings: Added value for the customer while earning money sustainably. New business models with high relevance to the core business.

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Conducting innovation projects: hurdles and success recipes

A targeted innovation project is the fastest and most reliable way to achieve innovation. The concentrated efforts of a small, cross-functional team accomplish in a few months what others fail to reach in three years. A fully developed solution concept with proof of market demand, willingness to pay, and feasibility.

Typical challenges in innovation projects within companies

  • Lack of experience in conducting innovation projects
    Many companies haven’t created a targeted innovation in a long time. New products and business areas emerge when there’s a concrete customer request. Otherwise, they don’t. The approach of creating innovation on one’s own initiative and at one’s own expense is unfamiliar and unpracticed. This is evident in vague project plans, undefined goals, and a lack of a methodological framework. The team becomes disoriented and ends up without tangible results.
  • Passive resistance from the organization
    The innovation team is seen as a cost factor, stealing time from employees engaged in operational tasks. Innovation encounters invisible and very visible barriers, up to outright resistance. Employees who perceive changes as a threat to their usual work methods often respond with passive resistance. Requests for support are ignored or declined, meetings are delayed, and decisions are postponed. Technical and sales departments, in particular, often block each other. Sales ideas are quickly dismissed as technically impossible or merely catching up with the competition. Technical ideas, on the other hand, are prematurely deemed unmarketable. This wears down and demotivates project teams to the point of resignation.
  • Daily business trumps innovation efforts, and the innovation project stalls
    Customer orders bring money. Innovation costs money, at least in the short term. The strong focus of many companies on what generates revenue makes day-to-day business seem more urgent and important than medium- to long-term future topics. As a result, project members are pulled away from creating innovative ideas towards urgent meetings, customer appointments, and phone calls. Daily tasks quickly consume the day, leaving no mental space for new ideas. Innovation projects stall, operational tasks increase, and ultimately the innovation team struggles to get everyone together. This is the sure end of any innovation project.
  • Low degrees of innovativeness and market failure
    Developed ideas and concepts often don’t go beyond what is already known. The reasons why something has never worked before and why it supposedly violates the laws of physics are quickly at hand. Seemingly absurd ideas are withheld or immediately nipped in the bud. A negative spiral of lack of ideas and impossibilities ensues. The result is mediocre concepts that fail in the market, if they even reach the market through sales. The lack of innovation impact is often seen as the cause. Much more often, it’s the lack of understanding of the target group and their needs. Market research remains limited to what sales hears from the customer. Unbiased conversations without a sales pitch rarely take place. Ultimately, the customer reacts to the much-hyped innovation with justified indifference or disappointment.

Success recipes for innovation projects in the company

  • Project mandate with support from technology, sales, and management
    A clearly formulated mandate with well-defined parameters is a big step towards the success of an innovation project. Early involvement of technology, sales, and management ensures that the right topics are chosen. The Basecamp Workshop is the perfect format for this. This happens long before discussing technical ideas, concepts, and new products. This ensures that everyone is pulling in the same direction and can count on mutual support over the long term. Support in terms of resources, capacities, information flow, and cooperative collaboration. And far beyond the commonly known “just doing the job.”
  • Get away from the desk and out to the target group and future customers
    Leaving the comfort zone of the company and going out to the target groups is a crucial step for successful innovation projects. This means actively reaching out to potential customers, experts, and users. Target group and customer interviews, surveys, and direct observation on-site provide the crucial insights needed to gain a market edge.
  • Breaking down mental blocks and thinking bigger
    The blank sheet of paper is a major hurdle to the much-needed creative idea. To foster creative thinking and break down mental blocks, various tools can be used. For technology innovation, it might be the inventive problem-solving TRIZ. In business model innovation, the business model patterns help. The design thinking methodology is useful for coming up with the right ideas for the right customer problems. Breaking habitual thought patterns and creating unconventional ideas is an important goal that alone leads to stronger and more far-reaching ideas. In detail and specific innovation projects, excellent workshop facilitation is the best help.
  • Promote entrepreneurship instead of overregulation and micromanagement
    Entrepreneurship and entrepreneurial action create the necessary freedom to develop solutions that go beyond the usual. Employees need freedom to make their own decisions and take responsibility. Extensive approval processes and too frequent reporting can be more of a hindrance. To get employees into this role, good initial motivation is often needed, which can be created, for example, through appropriate communication from top management. As a result, employees pursue their own ideas in the interest of the company. The best way and a win-win situation for both employees and the company on the path to a successful innovation project.

TOM SPIKE guides your innovation project from start to market

Innovation must not remain a buzzword. Only innovation projects will bring all methods, theories and ideas to life. TOM SPIKE helps to set up projects for successful innovation and bring them to a successful conclusion. The aim of the project is to develop an innovation with prototypes, market validation, business model, business case and implementation plan in detail. After a successful pitch to the company management.