When a company’s growth is threatened, slowed or stopped, it is seldom a result of market saturation. It is usually the result of leadership failure: failure to innovate new revenue streams; to create breakthrough growth strategies; to define innovative new products, services and business models; to stimulate new business relationships and to rethink current business practices
Astute business leaders recognise that what made them successful in the past will certainly not hold true for the future. Couple this with the unrelenting challenge to exceed the ”Going Rate” of growth on a sustainable basis, and it is clear that the need for strategic innovation is greater than ever. To ensure success and achieve Quantum Growth, Innovation – like many business functions – needs to be a leadership process that requires strict governance with dedicated funding, resources and tools.
Deloitte Innovation is a specialised team that tackles the growth challenge through a unique combination of strategy, corporate finance and investment banking skills. Through a proven Corporate Venturing approach, the team partners with clients to drive a portfolio of value from ideation to commercialisation.
“A few truly revolutionary firms may go it alone for their innovation initiatives, but the vast majority will need the extra skills and resources a consultant provides, particularly in areas where the client isn’t already proficient” (Forrester – Innovation-Hungry Firms Need Consultants)
Over the years, Innovation has achieved phenomenal success through creating value for clients in numerous industries. Our key successes have included: