 |
|||||||
Do You Need to Raise Equity Capital?
|
In-House Innovation Making your company more innovative. Alchemy works with medium to large companies to increase revenue growth by implementing in-house innovation programs that enable the capture, development and commercialisation of new products, services and technologies. We assist by advising and implementing the best path to market utilising 3 models – integration, capitalisation and licensing. Alchemy also assists with deploying innovation to pursue non-cash goals – such as acquisition of the company’s brand, a stronger ecosystem of partners and collaborators and revitalisation of the organisation, its people and its business development potential. Change management, trying new things, implementing new programs, the development of new products and services are the realm of the CEO. Unfortunately, innovation comes with risk. Many of the attempts at new products, new services, technologies etc will fail or significantly change direction. Alchemy Innovation In-House Innovation services allow this risk to be compartmentalised with our team enabling the CEO to take the credit for benefits realised while at the same time being able to respond to any criticisms about a lack of innovation through the provision of regular reports and innovation metrics etc. Our experience shows that a short amount of focus, spread over a longer period of time is the way to maximise innovation results within a company. To that end, Alchemy Innovation works with companies on a weekly basis, facilitates the call for expressions of interest within the company and oversee their Innovation or Investment Committees. We work within the existing staff structure to build the business proposition and team, for senior management consideration. Our focus is not to generate good ideas but to assist our client companies implement these good ideas to establish new capabilities, new products and services . Our results speak for themselves. A major client is an engineering firm with over 12000 staff internationally who has embraced the in-house development program achieving a range of spinout business propositions. The Alchemy team has the capacity to form a bridge between innovators and “geeks”, their immediate team and senior management. Our in-house innovation programs are essentially about business development, but because we have such a strong focus on consultation, mentoring and leadership, they are also a people strategy. Our inhouse innovation programs assist our client companies, develop, value and promote their staff much like 3M Time and Google Time do in these innovative companies In this challenged market place, it is the companies that harness the potential of innovation as a management process, rather than as an incidental creative activity, that will outperform their competitors. To find out more about in-house innovation click here. Alchemy Equities welcomes an opportunity to discuss the possibility of partnering you in that process. To enquire about In-House Innovation services contact Dan Liszka, Managing Director on 1300 308 802. Related links: Review of the National Innovation System Government |
||||||
