Building Innovation & Transformation Capability
In today’s dynamic market, the ability to innovate is not merely an advantage; it is essential.
At Plextek, we’ve created a dedicated strategic innovation team to help you grow – we call it Ignite Exponential. We recognise the importance of building your corporate innovation strategy and capability to deliver growth; and ensuring that the significant people, digital, and sustainable transformations this creates will succeed first time. We are at the forefront of strategic innovation and transformation efforts across industries, combining depth of experience with a fresh and flexible approach to make sure your business stays ahead.
Ignite Exponential is our innovation unit partnering with established companies in achieving sustainable growth through strategic innovation, technology, and design. Combining Plextek’s robust technical expertise with advanced innovation strategies, we tailor our approach to meet your specific business challenges.
We collaborate with global industry leaders to transform strategic challenges into opportunities, crafting successful solutions without being confined to fixed methodologies. Discover more about how we can co-create your future successes at Ignite Exponential.
Our approach
How should you innovate?
There is no one-size-fits-all approach to corporate innovation.
Our diverse team of experts brings together decades of strategic innovation experience, across hundreds of collaborations with other global leaders. We are highly adept at injecting a fresh, objective perspective to complement your internal, industry expertise and strategic mix.
- How can we innovate effectively for both sustaining new product development and disruptive innovation?
- How can traditional ‘physical’ product companies successfully create digital/connected products and services?
- How can we deliver effective employee-driven innovation despite the many other commitments colleagues have? How should our central innovation teamwork with brand-specific NPD (New Product Development) teams?
- How can we successfully make the transition to agile innovation and ways of working?
- How can we drive business growth without sacrificing the planet?
These are all examples of strategic challenges we’ve helped other leading corporations to successfully address.
How we work
A systematic approach to learning and change
Critical friend innovation review
Our role extends beyond consultation; we act as a strategic innovation partner, providing a valuable ‘critical friend’ perspective throughout your journey. This ensures your strategy is robust, your approach is effective, and your delivery is successful. We start by interrogating your current processes, structures, and results to understand where your innovation pathway has faced obstacles. We move on to an in-depth audit, allowing us to identify limiting assumptions and knowledge gaps – and agree together where your focus should be.
It was like being able to see the future – through the process we could see the challenges we’d face and what it would take to succeed before we started our journey. Without doubt, the project goal was met and this is now one of the biggest opportunities we have as a brand.Director of R&D
Learning exchanges with other innovation leadersÂ
Our facilitation of exchanges with non-competing companies from our broad network provides a platform for your team to gain invaluable insights and actions that can be applied to your own organisational context; and together we can develop a custom framework and plan for your organisation.Â
This has been incredibly useful. I am filled with confidence knowing we have the best partner supporting us on our innovation process.Head of Innovation, Pentland Brands
Strategy & planning workshops
Finally, we co-create with you an enhanced innovation strategy.
This phase is about cementing a plan that translates vision into executable actions, ensuring that your strategy, structures, process, and culture are aligned across the organisation and with the innovation outcomes you need for success. For example, to help build corporate innovation capability at Pentland Brands – the name behind some of the world’s best sports and outdoor brands including Speedo, Berghaus, Endura and Mitre – we established a central innovation group for the organisation and were able to facilitate collaborative meetings, leading to the definition of a clear vision and mission for innovation across its brand portfolio.
A recent example from a client’s perspective:
Key skills
- Strategic planning and auditing
Expertise in evaluating current innovation strategies and identifying areas of
improvement to redefine business goals effectively. - Cross-industry knowledge transfer
Proficiency in facilitating the exchange of insights between various industries to enrich innovation frameworks with diverse perspectives.
- Innovation and technology consultancy
Comprehensive advisory services leveraging leading-edge technological insights to drive the innovation agenda within your organisation.
- Systems thinking
Skilful integration of components within complex systems to ensure interoperability and functional coherence towards innovation aims.
- Collaborative workshop facilitation
Organising and leading interactive workshops that bring together diverse stakeholders to co-create and align on innovation objectives and facilitate transformation.
We don’t just offer you an innovation journey
We ensure you are well equipped to continue that path long after our initial engagement. With Plextek and Ignite Exponential, we span the bridge from initial strategy and concepts, through development, all the way to manufacturing and supply.
Discover how Plextek and Ignite Exponential can help you grow your organisational capability and drive innovation that makes a difference.
For further insight into how we can assist you, contact Alan Cucknell or visit our dedicated Ignite Exponential website to find out more.
What sets us apart in Building Innovation & Transformation Capability?
We combine a depth of experience with a fresh and flexible approach to make sure your business stays ahead of the competition.
- Innovation strategy
- Collaboration and learning
- Customised innovation approach
- Organisational transformation
- Strategic innovation
- Sustainable innovation
- Technology commercialisation
- Digital transformation
- Corporate innovation
- Disruptive innovation
- Innovation capability