What is innovation

Innovation is inherent in all businesses and can be described as the concept of introducing something new. Our expert team can help you to identify the innovation within your business and investigate ways to maximise its potential for growth.

Examples of business areas that we will discuss with you are:

Process

Investigating ways that improve efficiency and productivity within your business. This can include, although is not restricted to, automating production processes or restructuring teams.

Management

Investigating ways to innovate business management which may involve an in depth evaluation of the leadership team or a full review of business strategy.

Business

Reviewing the core business strategies to identify innovation that will improve the business growth process. This could include partnerships and collaborative working or investing on relevant new technologies.

Product

Looking at existing products to add new features or investigating the production process with a view to reducing costs. This may involve adopting new manufacturing processes or pivoting an existing product to introduce it to a new industry.

Service

Considering changes to an existing service, or introducing a new one entirely. This could, for example, involve moving a service online or introducing an existing service to a new customer demographic.

Marketing

Finding new and creative ways to market to your customer base in order to increase sales. This may include looking at branding, packaging an pricing structures.

Revenue

Looking at any innovation with the main aim of increasing revenue and profitability. This may include considering new ways of charging customers or a rethink of existing pricing structures.

Industry

Is there a gap that you can exploit to adapt the industry or market for you product or is their an opportunity to create an entirely new market.