EarlyBirds helps organizations with strategic innovation drive growth | So Good News
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Forde, Nov. 09, 2022 (GLOBE NEWSWIRE) — Australian firm EarlyBirds has created an open innovation ecosystem with an OSINT platform and services that enables early adopters, innovators and subject matter experts (SMEs) to come together and innovate. ways to promote innovation and accelerate adoption. For the organization, EarlyBirds would like to emphasize that it helps with strategic innovation aimed at driving business growth. They encourage businesses to be early adopters and participate in the EarlyBirds open innovation ecosystem, as this will put them in touch with a variety of innovators (Startup, Scaleup and mature) and SMEs, and this may help them search for new technologies. can help them grow their business through strategic innovation. More information about the early adopter process is available at https://earlybirds.io/en/early_adopter.
Strategic innovation is the process by which an organization redesigns or reinvents its corporate strategy in order to create value for customers and the organization, moving to create competitive advantage and drive business growth. This does not necessarily mean making changes to the products or services they offer to their customers, or the production of those goods or the technology that makes those services obsolete. These initiatives are associated with executive-level innovation projects and are commonly referred to as strategic management and innovation. Although these projects are led by senior executives, they must promote a culture of innovation that fosters collaboration between business groups and functions.
Strategic innovation is needed because most of the current strategic frameworks were established in more stable times and it has been noted that they do not work well in dynamic times or in times of uncertainty. Thus, new strategic frameworks are needed to serve as a guide for the various people in the organization when the organization is going through a period of uncertainty. The necessary new structures require three vital characteristics: the ability of the individual to cope with uncertainty; understanding that strategy is a creative endeavor and the organization’s ability to experiment.
Organizations are currently in the midst of a major experiment in non-hierarchical forms of organization with buzzwords such as holacracy, flexible organizations, flat and market structures. Some of them fail and others succeed. But the main purpose of such an activity is correct, that is, to create an organization that has the ability to experiment with new and innovative ideas to find ways to stimulate business growth. After all, there is always uncertainty in any change, growth and transformation. Many businesses must face uncertainty to determine what is possible and experiment with options to find the right solution or service.
In a Forbes article, they discussed how using commercially viable innovations can lead to improvements or creation of new products, services and/or features that improve internal processes and better serve customers. It requires a methodical and targeted focus to enable business leaders to assess the commercial viability of an innovation project, and then deliver measurable and demonstrable results in terms of business benefit, value and/or cost reduction.
EarlyBirds is the perfect partner to help all organizations with their strategic innovation initiatives and growth plans. EarlyBirds has a unique and proven capability to identify innovative requirements and provide options across all aspects of industries, including business and technical solutions and services. EarlyBirds Innovation Ecosystem or Capability Maps are based on a business or technical topic that is an effective way to link identified strategic innovation results to the ever-changing industry operating landscape. The EarlyBirds Innovation Map is a dynamic data collection with main topics and sub-topics that can be continuously updated according to market dynamics and configured to meet the specific needs of any business.
EarlyBirds’ open innovation ecosystem has two main components – its platform with more than 4 million innovators and services, including innovation maps and the Challenger and Explorer program. Explorer as a Service is designed to help accelerate the technology innovation process for the entire organization. It has several key features, such as: Regular webinars to help drive innovation in the organization; quarterly and monthly innovation days; SMEs recommended for business; focus on specific types of innovation; and platform enterprise license. The Challenger program is designed for organizations that want to focus on just one specific problem or challenge at a time.
Those interested in learning more about EarlyBirds and how they can help organizations with strategic innovation can visit the EarlyBirds website at EarlyBirds.io.
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For more information about EarlyBirds, contact the company at:
EarlyBirds
Mr. Chris Poria and Mr. Jeff Penrose
+61 401 287 060
[email protected]
‘FORDE’ SUITE 10, LEVEL 1, 26 FRANCIS FORD BOULEVARD, FORDE, ACT 2914
CONTACT: Mr Kris Poria and Mr Jeff Penrose
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