Audax Innovation / Interventions
02 · Front End of Innovation
Implement the Front End of Innovation
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This intervention aims to implement new front end of innovation practices and strengthen existing ones. It will establish an annual innovation cycle to drive front end of innovation activities. An action plan will also be developed to assign responsibility for deliverables, market needs, technological advances and the monitoring of changes in standards and regulations.
Objectives
- Support a multifunctional team in optimizing current practices and further enhancing them with new ones.
- Increase front end of innovation performance to feed the project portfolio review as well as innovation development.
- Provide tools and other relevant material related to the innovation practices to be optimized.
- Ensure a harmonious implementation in line with the organization’s innovation processes.
Deliverables
- An annual innovation cycle adapted to the organization’s reality.
- An assessment of the current innovation management situation and a benchmark against comparable organizations.
- A customized interface for the innovation tools.
- A “customer journey” by division.
- Editable visuals to support stakeholder training and the documentation of internal processes.
Intervention Methodology
Four sequential phases: lay the foundations for the front end of innovation, define its process, implement it, then measure its performance and continuously improve it.
- Phase 1Set Up the Foundations for the Front End of Innovation
- Phase 2Define the Front End of Innovation Process
- Phase 3Implement the Front End of Innovation
- Phase 4Measure Performance and Improve the Front End of Innovation
Phase 4 continues beyond the current mandate: it is not included in the budget.
Detailed Intervention Description
Four phases over 11 weeks. Expand each phase to see its activities, schedule and budget.
Phase 1 — Set Up the Foundations for the Front End of Innovation (Weeks 1–2)
- Confirm the mandate
- Launch the project
- Obtain external information on the front end of innovation
- Define the annual innovation cycle
Phase Subtotal$3,000
Phase 2 — Define the Front End of Innovation Process (Weeks 3–5)
- Design the front end of innovation process
- Link the front end of innovation with other innovation processes
- Develop an action plan to improve the front end of innovation
- Identify the current and potential innovation ecosystem
- Facilitate a “customer journey” workshop
- Plan “voice of the customer” needs
- Plan applied creativity needs
- Identify key performance indicators for the front end of innovation
- Design the technology development process and tools
- Manage information on the IT network
Phase Subtotal$8,000
Phase 3 — Implement the Front End of Innovation (Weeks 6–11)
- Identify a process owner
- Secure commitments at every level
- Train key stakeholders
- Communicate the front end of innovation process
Phase Subtotal$4,000
Phase 4 — Measure Performance and Continuously Improve the Front End of Innovation (Not Included)
- Support the implementation
- Measure the front end of innovation performance indicators
- Take the necessary corrective actions
Phase SubtotalNot budgeted
Included in the Intervention
Supporting Consultant and Graphic Designer Included
This intervention brings in a complete team at no additional cost.
Editable Visuals
To train your stakeholders and document your internal processes.
Total Budget
$15,000
Phase 4 is not included in the present budget.
The workshop is held at your organization’s offices. Depending on your location, travel expenses may be added to the budget.
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