Innovation Management

How can a company recognize and utilize its own unique know-how in its business operations? How can the ideas born from successful product development be productized into a concrete competitive advantage? How successful are other companies in their innovation management?

In the course of the service, we analyze the customer’s strategy, organization, culture and processes in regard to the way that innovations are created and utilized. The result of the service is a report of the strengths of the customer’s innovation management as well as an action plan for improving the recognized defects.

In the service, we utilize the IMP³rove^® tool created by the European Union. This tool offers a real-time environment both for making an analysis as well as for reporting the results. As a part of the analysis, the company obtains its own benchmark result, which can be compared in diverse ways to the corresponding results of other leading European SME companies, their strengths and weaknesses.

BORENIUS & Co has participated as an accredited consultant in the IMP³rove^® programme since its proof-of-concept stage.