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Leading Innovation

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LEQ Case Study:  Leading Innovation

Client

Global Medical Products Company

Consulting Engagement

Consulting for Leading Innovation

Client Goals

Accelerate commercial success of new technologies and products

LEQ Deliverables

  • Conducted structured interviews to seek input from corporate leaders and functional experts across disciplines on company-wide business needs, competitiveness of business needs, competitiveness of product categories, organizational problems, process issues and expectations

  • Analyzed interview findings and distilled from the diversity of perspectives:

    • Key strategic and operating issues

    • Challenges and opportunities

    • Areas of disagreement

    • Platform for common ground

  • Established among members of the senior leadership team agreement on innovation goals and corporate funding of priorities

  • Facilitated strategic offsite for cross-functional management team accountable for delivering new technologies and products

  • Collaborated with Director of R&D on innovation strategy and new organization structure needed to solve operations problems and to execute the new innovation strategy

Results

  • Gained unanimous support for proposed innovation goals, strategies, organization structure and execution plan

  • Funding was approved to implement solutions and the innovation strategy

  • Management of functional teams immediately applied more rigorous investigation, planning, project management and collaboration

  • Client praised the process and outcomes of the consulting engagement


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