Strategy issues
How do you increase your chances of success with innovation outsourcing?
How does the Innovation Fastlane increase your rate of innovation?
In established companies, many innovation projects are started but ultimately come to nothing. Often, the necessary resources or skills are lacking. The consequences of this are that projects last too long and, in the worst cases, the end result is not right.
The Innovation Studio is a results-oriented approach with which you ensure the implementation of innovations instead of getting stuck in the innovation process. Put simply, you order a turnkey invention from us with which you can get started on the market.
With this form of innovation outsourcing, you increase your company's success rate with minimal use of resources.
Make or Buy
Is there a turnkey innovation?
Is there a turnkey innovation?
We say: "Yes."
For innovation success you need creativity, speed, and special knowledge. In the VUCA World, companies can no longer manage this on their own with their own innovation or R&D department. Collaboration with external parties – be they customers or innovation partners – can reduce the pressure to innovate and the risks.
Yet the integration of external stakeholders (open innovation) does not solve the problem of inadequate resources. This is where the Innovation Studio comes in and assists you with innovation projects.
Over the years, we have found that working together on your next innovation is important in this process. You don't just hire us. Lead Innovation accompanies you as an innovation partner. And, if you are happy with the result, you can assume all the rights from us. This is the only way turnkey innovations can succeed!
Why we are right for you
You increase the success of your innovation projects. Our experience and know-how bring you more quickly to your goal.
Innovation is our job. We are innovation professionals, thinking outside the box and ensuring your innovation success.
We do not merely advise, but rather enter into a partnership with you. Only this way can successful innovation emerge.
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Der Innovationsprozess schafft einen klaren Rahmen, der die Entwicklung neuer Produkte, Dienstleistungen oder Geschäftsmodelle strukturiert und systematisch umsetzt. Die Darstellung eines Innovationsprozesses beginnt meist mit der Ideengenerierung und endet mit der Markteinführung.
Outsourcing in innovation management
The Innovation Studio is the solution for decision-makers who want to reduce risks and costs in an innovation project while increasing innovation success and speed.
With the Innovation Studio, we enter into an innovation partnership. You brief us on your innovation goal and we take over the development of the ideas. Of course, we take a discreet approach to development. Just think of us as your extended innovation department, offering you numerous advantages:
- As an innovation partner, we are not just a contractor. We bear some of the costs and risks.
- When you commission us with your next innovation, the expertise of our excellent team is at your disposal.
- With our network of lead users and experts from a wide range of industries, immensely valuable knowledge flows into our joint project.
Commission us to develop your next innovation and we'll get started together.
In the early phase of the Innovation Studio, your input (costs, personnel and other resources) is kept low. Only when concepts and prototypes are ready is the ball back in your court. Such a division of labor brings you to your goal quickly, but of course it also needs to be clearly regulated from the start. The distribution of tasks and roles as well as the subsequent assignment of the concepts and prototypes are therefore contractually stipulated in advance.
The Innovation Studio workflow:
The process steps in detail:
- Investigation
Once the innovation partnership has begun, it all starts with a 360° analysis of the potential of your innovation project. We investigate the search area which you bring to us. Our team sharpens the focus and thus increases the chances of success of our joint project. Our research specialists gather knowledge about markets and technologies. With these results, we validate the hypotheses on innovation opportunities for your company.
Costs: There is no flat fee for the investigation of the search area.
Duration: Approx. 14 working days
Legal: You own the IP rights* to the results of the search area examination. - Innovation Studio
With experts and open innovation, we identify quick solutions in this phase of the Innovation Studio. The innovation team starts its work with a clear target vision and the insights gained. This phase is usually cost- and resource-intensive for companies. With the Innovation Studio, this burden is eliminated for you. At Lead Innovation, we cover the costs and bear development risks.
With our network of experts and our methodological knowledge, we devise three solutions and a prototype.
Costs: While we work on new things in the Innovation Studio, there is no cost to you.
Duration: Depends on the job in hand and what has been agreed.
Legal: The IP rights* to solution concepts and prototypes are held by Lead Innovation Management GmbH during this phase. - Evaluation
You get 3 detailed solutions and at least one prototype. The goal of our partnership is to help you find approaches for your next innovation quickly, at low risk, and cost-effectively. In this phase, we present the results of our work. Now you have the opportunity to review the solutions in detail. You aren't buying a pig in a poke.
Costs: Please note that you will incur costs during this phase in the form of internal resources and, if necessary, patent attorneys.
Duration: 3–6 months, depending on the project
Legal: The IP rights* are held by Lead Innovation Management GmbH during this phase.
We guarantee confidentiality and the exclusive privilege to the results. - Handover
Your next innovation is within reach. Up to this point in time, the intellectual property rights are held by Lead Innovation Management GmbH. In this phase, you decide whether and which solutions you want to adopt. At the beginning of the innovation partnership, we contractually stipulated the conditions for the assignment of rights (one-off payment, shareholding, etc.).
Our ideal scenario would be that you are impressed with all the results from the Innovation Studio and that an innovation from your company emerges from every solution. However, it is also fine with us if you just purchase one solution.
Costs: Compensation depending on the agreement.
Legal: The IP rights* can be procured by the customer; e.g. purchase, licensing models. Whether and how the compensation is paid is agreed at the beginning of the Innovation Studio.
* IP rights: stands for Intellectual Property rights.
Das House of Innovation
Weit hinten, hinter den Wortbergen, fern der Länder Vokalien und Konsonantien leben die Blindtexte. Abgeschieden wohnen sie in Buchstabhausen an der Küste des Semantik, eines großen Sprachozeans. Ein kleines Bächlein namens Duden fließt durch ihren Ort und versorgt sie mit den nötigen Regelialien.
Es ist ein paradiesmatisches Land, in dem einem gebratene Satzteile in den Mund fliegen. Nicht einmal von der allmächtigen Interpunktion werden die Blindtexte beherrscht – ein geradezu unorthographisches Leben. Eines Tages aber beschloß eine kleine Zeile Blindtext, ihr Name war Lorem Ipsum, hinaus zu gehen in die weite Grammatik.
“Viele Sachverhalte werden von uns intern als selbstverständlich wahrgenommen und nicht mehr hinterfragt. Oft hilft ein Blick von außen, um sich von alten Denkmustern zu lösen.”
“Viele Sachverhalte werden von uns intern als selbstverständlich wahrgenommen und nicht mehr hinterfragt. Oft hilft ein Blick von außen, um sich von alten Denkmustern zu lösen.”
“Viele Sachverhalte werden von uns intern als selbstverständlich wahrgenommen und nicht mehr hinterfragt. Oft hilft ein Blick von außen, um sich von alten Denkmustern zu lösen.”
“Viele Sachverhalte werden von uns intern als selbstverständlich wahrgenommen und nicht mehr hinterfragt. Oft hilft ein Blick von außen, um sich von alten Denkmustern zu lösen.”
Ing. Reinhard Mäserk ehem. Entwicklungsleiter
Frank Bistrick Abteilungsleiter Produktentwicklung
Katrin Moser Product Manager
