XTM

 

Taking on the Risk of Strategic Innovation.

Bridging the gap between a good idea and a great business

The biggest problem with strategic innovation is execution.

Not lack of good ideas or opportunity. Business as usual is run on well developed plans and proven processes. Strategic innovation is full of novel challenges and unknowns.

It is anything but business as usual.

The challenge of the unknown is best addressed by an experienced team with an optimal skill set and way-of-working. It takes focus, flexibility, diversity and entrepreneurial drive to launch a new growth platform. A XTM makes the most of insights and lessons learned to bridge the gap.

BRIDGING THE GAP

A strategic initiative begins with existing CoreCo assets and the need/vision for a new growth platform.  Yet ambition often exceeds the availability and suitability of the resources needed to bridge the gap. 

An XTM can be deployed to supplement the core team as needed with an optimized skill set to improve operational efficiency and effectiveness. Contributions are grounded in entrepreneurial experience with a diverse skill set and facilitated by a framework for agile innovation.

If appropriate, an XTM can offer the experience and makeup to own the early stage risk as a discrete startup entity with the charter to facilitate a seamless transfer to core operations once a venture has been proven out.

OPTIMIZED SKILL SET

“Strategic innovators are rare and hard to find.” *

An XTM is an optimized skill set designed to supplement core talent and assets. 

  • Proven track record of success at all levels

    • Startup to multinationals

    • Advanced technologies

    Fully aligned and committed to transfer and integration with CoreCo team

  • Agile innovation to prioritize the unknowns over established processes

    • Dedicated focus

    • Learn by doing

    • Entrepreneurial drive

  • Creative problem solving to supplement existing CoreCo talent

    • Intuitive grasp of technology and business requirements

    • Objectivity, lack of NIH

    • High tolerance for risk

    • Increased diversity for problem solving

PROJECT PHASES

    • Review strategy, business case, metrics for success

    • Name the unknowns, identify and rank the risks

    • Assess the team, time frame, resources and budget

    • Learn by doing, make the unknown known

    • Pro-active market engagement

    • Track the risks

    • Engage the ecosystem

    • Creative problem solving

    • Accelerated product cycles (alpha, beta, ship)

    • Market validation

    • Activate the ecosystem

The Value of agent services is to catalyze the effectiveness of a strategic initiative. 

An XTM is optimized to own the early stage risk as a committed resource with the experience to see it through to full integration with the core business.

It takes a lot to get it right. We can help.

*(“Finding and Grooming Breakthrough Innovators” - HBR, Dec 2008)