Audax Innovation / Interventions
05 · Launch
Optimize the Innovation Launch Process
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This intervention aims to examine the innovation launch process in depth in order to improve multifunctional collaboration, increase time-to-market and maximize the return on innovation investments. All key parties will be mobilized so that they play an active role in the changes to come.
Objectives
- Produce a diagnostic to optimize the organization’s New Product Introduction (NPI) process.
- Create a simple but effective action plan to set up concrete measures to increase the efficiency of the launch process.
- Examine the current process in order to optimize flow, improve multifunctional collaboration and supplement missing links with suitable tools. This will result in faster time-to-market and higher returns from the investments made in innovation.
- Accompany the multifunctional team in the implementation of the action plan.
Deliverables
- Administration of an evaluation questionnaire sent to 10 participants.
- Five individual interviews selected from the 10 participants having answered the questionnaire.
- A preliminary report of the results.
- A preliminary presentation of the results.
- During the presentation: the prioritization of the results.
- During the two-day workshop:
- Knowledge sharing between participants
- Development of solutions
- Presentation of the solutions developed and the tools which will be used at the top management level
- A total of 18 hours of support during the implementation.
- A toolbox valued at $5,500.
Intervention Methodology
A questionnaire with 10 participants and five interviews feed the diagnostic and the action plan. A two-day Kaizen workshop develops the solutions, then support accompanies the implementation.
Evaluation of the situation
- 10 questionnaires
- Analysis of responses
5 individual interviews
- Analysis of data
- Preparation of report
Development of an action plan
- Presentation of the analysis
- Action plan selection
- Development of a detailed action plan
- Follow-up via webconference
Preparation
Preparation of the workshop
Workshop
Intensive workshop (two days)
Results
- Presentation of results
- Finalization of documents
- Follow-up via webconference
Support — to be assessed
Support during the implementation
Detailed Intervention Description
Three phases over 13 weeks. Expand each phase to see its activities, schedule and budget.
Phase 1 — Diagnostic and Action Plan (Weeks 1–3)
Preliminary Work
- Select 10 key employees in innovation
- Send a questionnaire on the organization’s innovation management practices to selected employees
- Analyze the results
Interviews (60 minutes each)
- Lead 5 individual interviews
Presentation of the Results and Development of the Action Plan
- Write a preliminary report on the current state of the organization’s product innovation management system
- Present the report to key parties
- Prioritize the recommendations
Phase Subtotal$7,500
Phase 2 — Workshop (Weeks 4–5)
Preliminary Work
- Prepare the Kaizen workshop
Kaizen Workshop (two consecutive days)
- Develop personalized solutions for the organization
- Present the solutions to top management
Planning of Elements to Come
- Determine the next steps to undertake
- Coach the organization’s project manager
Phase Subtotal$11,000
Phase 3 — Implementation (Weeks 6–13)
Support
- Update and revise the final documentation
- Support the implementation of the developed solutions
- Coach the project manager in the detailed development of the solutions and their implementation (up to 18 hours)
Phase Subtotal$5,500
Included in the Intervention
Supporting Consultant and Graphic Designer Included
This intervention brings in a complete team at no additional cost.
A Toolbox Valued at $5,500
The tools used during the intervention stay with your organization.
Total Budget
$24,000
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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