There are many paths to grow a company’s revenue and earnings. That topic typically consumes the majority of management bandwidth. Organic market growth, geographic expansion and acquisitions are all viable strategies. But are you ignoring the role of innovation?
A better long term, more sustainable strategy to grow both revenue and earnings is by innovating. That does not mean you ignore those other strategies, but disregarding the power of innovation is a mistake.
Innovation may be perhaps the most overused word in the business lexicon today and there are varying opinions on its meaning. But no matter how defined, it entails finding ways to create new products and services that can grow average selling price and margins or generate entirely new revenue streams.
But what does becoming more innovative require? What are the key aspects? “Your Innovation Coach” is a unique online personal innovation coaching subscription service that is designed for small to mid-sized companies. It provides affordable access to practical tips, tools and solutions to improve your ability to innovate, saving you time and boosting your bottom line.
The service provides monthly webinars on a variety of topics and one-on-one online consulting every month, but at a very affordable price. It is designed for senior management, functional managers in engineering, manufacturing and marketing, as well as for other key employees involved with new product development.
And what are the benefits? Short term, your projects will run smoother and you will better utilize valuable resources. Long term, you can grow top and bottom line faster than would otherwise be possible. And with a 100% money back guarantee, your risk is minimized.
New Product Visions helps companies drive revenue and earnings growth by improving their innovation management practices. We focus on processes, organization, management engagement and culture. Services include consulting, Innovation Coach™ Workshops and software enablers.
Specialties: NPD consultants, new product development consulting, developing new products, new product development seminars, small business consulting, new product development expert, product development process, new product development strategies, integrating NPD for mergers & acquisitions, organizing for innovation, management role in NPD, project risk analysis, innovation management