Innovation Tools for growth and transformation
Sell and deliver like the world’s top firms like McKinsey, BCG, and Accenture.
We have attracted top consultants, professors, and experts in innovation management, growth, and sustainability in 45 countries around the world. The big question is: why do all those professionals wish to gain accreditation as Innovation 360 Licensed Practitioners? Let’s have Forrester answer that question with hard facts – read the article here.
Innovation Tools
InnoSuite™ – a complete series of Innovation Tools and Consulting Tools
The Market
Are your customers in the market for an innovation management solution and innovation tools? According to Forrester Research, 53% of global services decision-makers say that they are. What features are they looking for?
Firstly, decision-makers tell us that they look for solutions that provide a 360-degree view of their environment. Meaning access to both internal and external sources.
Secondly, feedback loops for participants and the ongoing iteration of ideas are critical. The feedback loops are tools for the development of pilots and proof of concept efforts. It supports the selection and commercialization of their innovative ideas. But that’s not all. In addition to ideation tools, decision-makers look for solutions that will help them strengthen the design and governance of their innovation management programs. This includes structure, staffing, capability assessment, and metrics that are driven by industry standards, world-class benchmarking, and strategy support.
The Toolbox with Innovation Tools
12 core innovation management tools that address the end to end Innovation Management environment:
- PESTLED360
- Scenarios360
- The Online Training Library
- Transformation360
- Competence Analyzer
- InnovationIQ
- InnoSurvey®
- ISO Readiness
- Sustainnovation360
- Sherlock
- InnoLib
- Commercialization Diagnostics
Innovation 360 Group’s InnoSuite meets those needs, and then some. We offer a comprehensive training and accreditation program and can make the entire InnoSuite solution accessible to you!
InnoSurvey®
A powerful, scalable tool that can assess a company’s innovation capabilities, linking them back to culture, leadership and strategy. You’ll be able to deliver a complete 360-analysis of an organization’s ability to innovate. It is based on 92 critical innovation benchmarks. In addition, the report recommends tactical and operational metrics to help you execute with more certainty. As leading members on the ISO Working Group, we can assure your stakeholders that Innovation360 is compliant with upcoming ISO 56000 Innovation Management guidance documents.
The InnoSurvey® assessment can work with a team or rolled up to an organizational level. You can assess large organizations across multiple locations, bring in external stakeholders, and design advanced mega polls.
• Available to all Licensed Practitioners
InnoSurvey® is the only innovation assessment tool completely covering the ISO 56000-4
Sustainnovation360TM
Innovation360, in collaboration with BMNP Strategies LLC, are proud to announce the launch of Sustainnovation360TM. A unique new assessment to help organizations improve at innovating for sustainable outcomes and benefits.
Sustainability-orientated innovation (SOI) – also called green innovation or eco-innovation – is any innovation undertaken for either the primary or secondary purpose of achieving environmental-sustainability benefits. SOI includes innovations undertaken to lower resource or energy consumption. It also includes lower GHG emissions or other forms of pollution, implementing circular or restorative business models, protecting biodiversity, etc. Whether a company needs to innovate more sustainable products, production, or operational processes, this powerful new tool will help to assess the progress already made and which particular capabilities to invest in next.
Using this new tool, you can identify the main drivers for a company’s SOI efforts, including relevant government regulations and funding. Moreover, it assesses SOI capabilities and practices across 12 practice categories. Leadership, Organization and Culture, Creativity and Design, Stakeholder Engagement, and Product Lifecycle Impact. All practices tested are highly specific to SOI. After that, it provides a maturity score showing your clients where they are on their SOI journey. Our proprietary 4-phase SOI Maturity Model show and explain the score. Moreover, it also assesses the main barriers and roadblocks to making further progress at SOI so that they may be addressed.
Transformation360
The Transformation360 platform integrates all our tools, methodologies, databases, and online courses and materials. Designed for innovation management and transformation work, it offers comprehensive resources to equip you as an IMYB. As an IMYB, you will have a non-commercial license for training purposes, enabling you to effectively learn how to utilize the Transformation360 tools.
As an IMYB, you are also entitled to resell both the basic and premium versions of the platform to your clients or within your own organization. This platform contains a variety of essential tools, including ideation tools, all online courses, as well as two complete processes. The Playbook version can be configured with multiple processes. The first process, 3I, is designed for running innovation sprints, while the second, 5I, is a comprehensive process for managing complex business innovations. The Transformation360 solution supports ideation, documentation, product management, and portfolio management, all integrated seamlessly with the rest of our solutions.
As a Yellow Belt holder, you will be trained in the platform, and with further training for Green and Black Belts, you will gain strategic insights and knowledge to maximize the platform’s potential.
Competence Analyzer
Each company’s competence profile is determined by the competencies of individuals within the organization. Hence, this assessment tool measures and benchmarks competencies against top performers, industry averages, and other critical markers. Identify and fill skill gaps to make sure companies can reach their aspirations.
• Available for Yellow Belts and above
InnovationIQ™
The ability to innovate can now be condensed to a precise score that identifies how ready a company is to generate and execute new concepts. The score establishes a baseline for multi-year comparison. It places each company within the larger context of innovation challenges at the regional or country level.
• Available to Green Belts and above
InnovationIQ
PESTLED360™
“Are you confident in your strategic thinking, and your organization’s internal innovation competencies and skills?
Have you identified what is coming in your business environment and prepared for it? Do you have a roadmap for its short- and longer-term implications?”
As an IMGB Innovation Management Green™ belt, you get access to PESTLED360™. It is the world’s first collaborative, data and artificial intelligence-driven methodology for collecting, analyzing, and nailing down what you need to know about your organization now and in the future. No organization exists in isolation from its surroundings. You are always part of the ocean you swim in. Understanding your external context and the global key drivers impacting your organization prepare you for change.
PESTLED360
PESTLED360 Interactive view
Innovation 56002 Readiness Scoring
The new ISO 56002 Guidance on Innovation Management is written with the common High-Level Structure (HLS) of ISO Management System Standards. It enables the integration of different ISO management systems such as ISO 9001.
Today, ISO 56002 is a guiding standard and will be a required standard (56001) in four to five years. So, instead of waiting, we launched the first ISO 56000 Innovation Management Readiness test to prepare for ISO 56001. The Readiness is based on the ISO56002 Guidance available to all Green Belts and above.
Scenarios360™
We are proud to announce the launch of our new Scenario Planning Tool Scenarios360™ in September 2020. This online tool will complete our suite of innovation and growth tools. The suite consists of global key drivers via scenarios and strategic initiatives with ideation360®, ideation management. It also contains change cultivation end implementation with InnoSurvey®. Moreover, skill assessment with InnoComp™. These powerful innovation management tools are now at your fingertips as accredited certified, licensed practitioners in innovation management and growth.
Scenarios360™, a modern Scenario Planning Tool, is built upon the UK manual and the Shell Scenario toolkit for scenario analysis. Using insight gained from PESTLED analysis, scenario planning helps elaborate on different possibilities.
Maximizing Success through External and Internal Analyses: Building a Strong Innovation Infrastructure
In today’s fast-paced and uncertain business landscape, conducting a comprehensive external analysis is more challenging than ever. The interplay between various key drivers, market dynamics, and resource access creates a highly dynamic context. To navigate this complexity, organizations have embraced innovation tools like PESTLED360™️ and Scenario360™️, supplemented by digital collaborative platforms. These tools provide valuable insights to inform strategic decision-making. Simultaneously, internal analysis tools such as InnoSurvey© and InnoComp™️ enable organizations to assess their internal strengths, weaknesses, and competencies, laying the foundation for successful strategy execution. A robust infrastructure and operational model are crucial for capitalizing on external opportunities and driving innovation.
External Analysis
PESTLED analysis is a comprehensive framework that evaluates the external macro-environmental factors affecting a business. It assesses political, economic, sociocultural, technological, legal, environmental, and demographic aspects. By analyzing each dimension, organizations gain a holistic understanding of the external factors influencing their operations. This knowledge empowers them to make informed decisions and adapt their strategies accordingly. Additionally, scenario planning allows organizations to anticipate potential futures by exploring different combinations of external factors and their impact. Through scenario planning, risks and opportunities can be identified, leading to the development of contingency plans and proactive decision-making. Digital collaborative innovation tools have further enhanced the analysis process, facilitating real-time collaboration, information sharing, and data visualization. These platforms integrate scenario modeling and communication features, streamlining the external analysis process in a collaborative environment.
Internal Analysis
To align internal capabilities, culture, and leadership with external opportunities, organizations rely on tools like InnoSurvey and InnoComp. InnoSurvey is a comprehensive survey-based tool that evaluates innovation capabilities across various dimensions, including culture, leadership, processes, and structures. By conducting an InnoSurvey©, organizations can identify their strengths and weaknesses in terms of innovation readiness. This assessment enables them to develop targeted strategies to leverage existing capabilities and address any gaps. InnoComp™️, on the other hand, assesses the competencies of the workforce and leadership team. By understanding their competencies, organizations can determine the skills and expertise required for executing strategic initiatives. This knowledge becomes the cornerstone for driving innovation and implementing strategies effectively.
Ideation and Testing Strategic Initiatives
Once organizations have completed their internal analysis and identified necessary capabilities, culture, and leadership, they can leverage those insights to generate and test strategic initiatives. Using methodologies like the Innovation Sprint Concept, organizations cluster vetted ideas, encouraging creativity and diverse thinking. This iterative process allows for a wide exploration of possibilities and potential solutions. Ideas are refined, tested through experiments, and prioritized based on their viability for further development. This approach facilitates agility and adaptability in the face of uncertainty.
The Infrastructure
To capitalize on external opportunities and mitigate threats, organizations need a robust infrastructure and operational model. An ideation tool, such as Ideation360©, plays a crucial role in the innovation process by providing a centralized platform for idea generation and collaboration. This fosters the capture and nurturing of innovative ideas at every stage. However, an ideation tool alone is not sufficient. An effective operational model ensures proper resource allocation, budgeting, and management. It provides a framework for allocating resources to the most promising initiatives and allows for effective monitoring of innovation projects.
Moreover, a well-defined Innovation PlayBook outlines best practices, processes, and methodologies, serving as a blueprint for innovation. It provides a common language and fosters alignment among stakeholders. To enhance the implementation of the Innovation PlayBook and develop internal capabilities, organizations often utilize training programs like the Certified Applied Innovation Leader program. These programs equip individuals with the necessary skills and knowledge to effectively lead innovation initiatives.
Conclusions
A robust infrastructure, combined with external and internal analyses, forms the foundation for successful innovation and growth. Conducting a rigorous external analysis using innovation tools like PESTLED analysis and scenario planning enables organizations to make informed decisions. Internal analysis innovation tools like InnoSurvey and InnoComp assess capabilities and competencies, guiding strategy execution. A well-defined operational model, complemented by an ideation tool and an Innovation PlayBook, supports resource allocation, project management, and innovation practices. Training programs further enhance internal capabilities. By integrating these components, organizations can strategically leverage internal strengths to capitalize on external opportunities, fostering a culture of innovation and driving sustainable growth.