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Our Value Proposition by Using Best Practices
What Happens when you use Best Practices
- Maximize Innovation Success Rate through Use of Advanced Best Practices
- Decrease the Time and Cost to Develop Innovation Alliances and Collaborative Relationships
- Ensure High Performance, Leadership & Flexibilityonce an Innovation Alliance is Underway
- Develop Understanding of and Commitment to an Innovation Program at Top and Middle Management levels
- Provide Effective Linkage between the Innovation Program’s Mission and Corporate Operating Structure
- Derive Exceptional Economic Value/Profits for your company
With Best Process & Best Practice, Success rates more than double, thus:
- Risks are Substantially Reduced
- Returns are Greatly Increased
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TWELVE STANDARDS FOR BEST PRACTICE ARCHITECTURE
During our assessment of Best Processes and Best Practices, we apply stringent standards to ensure the quality of the outcome.
- Applicable:
- Does the principle have applicability to nearly all situations, regardless of industry or culture?
- Actionable:
- Will the principle truly work in practice, or is it just nice theory?
- Understandable:
- Can this principle be simply communicated to those involved?
- Verifiable:
- Can we clearly observe the changes when the principle is put into place?
- Measurable:
- Is there a method of measuring this principle's effectiveness in action?
- Controllable:
- Will the principle enable more effective control of direction, intensity, speed, etc of the alliance?
- Diagnosable:
- When there is a problem, can we see the problem clearly, do we have a way to recognize the misapplication of the principle?
- Prescribable:
- If an element is missing, can the principle be injected into the system to cause a cure?
- Replicable:
- Can we recreate a positive result, time and again?
- Trainable:
- Can operational managers successfully acquire the skills and knowledge required for implementation?
- Valuable:
- Is the principle really essential, or merely a superfluous nicety?
- Does it produce real results that impact top or bottom line performance?
- Predictable:
- Can we foresee, in advance, the positive or negative results?
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