Managing for innovation is VERY different than traditional management...
and requires VERY different methods, skills and risk tolerances.
1 McKinsey & Company
2 Forbes Insights and Harvard Business Review
3 Accenture
4 Harvard Business School study
LayLine’s rigorous and strategic approach will increase your organization’s innovation capabilities to enhance your:
Innovative organizations:
Organizations that strategically leverage value creation are better at optimizing the long-term upside of their innovations. Investors reward this competency through more generous valuation premiums.
At LayLine, we understand that true innovation requires buy-in across your organization. That’s why our holistic and rigorous methodology draws on a deep understanding of both innovation best practices and organizational behavior.
Our framework for success can be provided through a customized combination of coaching and consulting with a hands-on partnership approach that includes:
If you miss, skip or skimp on any of these capabilities you are doomed to struggle with low success rates and subpar return on innovation.
Even successful innovations have left money on the table because they didn’t anticipate and capitalize on the full value their innovation was creating.
It may be a cliché, but at LayLine, we really are passionate about innovation. That’s why we hate to see organizations struggle with the same mistakes and self-defeating strategies that lead to ineffective approaches, insufficient organizational buy-in and sub-optimal results.
Our leadership has more than three decades of experience working with a variety of organizations – from established multinational companies to exciting new start-ups. And we’ve discovered that true, lasting innovation is driven by integrating human-centered design, advanced analytics, enabling technologies and trend analysis. It is this comprehensive approach that propels companies towards growth and prosperity,
In sailboat racing, a layline is an imaginary line extending from the objective (typically a racing mark) to indicate the point at which a boat should tack or jibe in order to just clear the mark on the correct side. Laylines change based on a number of factors, including wind direction, wind velocity, the current and obstacles (including competing boats).
We think this serves as a good metaphor for innovation:
This quick, ten question self-assessment will clarify your innovation profile and show where you are on the course to success.