Innovation for impact

Making sure your corporate innovation strategy delivers outcomes.

Our evidence, validated through a recent survey of 300 innovation executives, highlights that the majority of business leaders believe they still don’t have the capability and/or capacity to deliver innovation that drives real and lasting business value.

While there is a willingness to innovate there remains significant roadblocks and risks.

8 out of 10 innovation leaders agree that there is a gap in linking innovation activity and outcome.

83% of  innovation leaders agree that executive sponsorship is critical to the success of an innovation project.

The marjority agreed 6 to 12 months is the ideal time-frame for innovation to have the best chance of success.

The marjority agreed 6 to 12 months is the ideal time-frame for innovation to have the best chance of success..

70% of those surveyed saw risk aversion as the main barrier to moving innovation through organisations quickly.

Innovation for Impact

Making sure your corporate innovation strategy delivers outcomes.

Our evidence, validated through a recent survey of 300 innovation executives, highlights that the majority of business leaders believe they still don’t have the capability and/or capacity to deliver innovation that drives real and lasting business value.

While there is a willingness to innovate there remains significant roadblocks and risks.

5 points

8 out of 10
innovation leaders agree that there is a gap in linking innovation activity and outcome.

83% of innovation leaders agree that executive sponsorship is critical to the success of an innovation project.

33% strongly agree that external partners are required for support at various stages of an innovation project.

6 to 12 months is the ideal time-frame for innovation to have the best chance of succes the majority agreed.

70% of those surveyed saw risk aversion as the main barrier to moving innovation through organisations quickly.

 

What we do

At Slingshot, we want to remove these risks and provide the confidence that your innovation strategy and activities will deliver meaningful outcomes which are highly visible to the business.

That's why we work with you to understand the problem, match you with high growth, enterprise-ready companies, validate their business model and build the right commercial partnerships for your business.

We make sure everyone is on the same page from day one. If your senior executives aren’t engaged it will fail, if your CEO doesn’t believe in it, it will fail, if you don’t have the tools, capability and capacity it will fail. We bridge the gap between the need to innovate and the ability to innovate for impact. We will help you create the right artefacts to ensure the right people are engaged through the program.

We recruit the right enterprise-ready businesses – We look under the hood, we ask the right – and sometimes hard - questions. We’re interested in the facts that will lead to ensuring the right fit.

Then, we test them. Our unique style and format of running experiments ensure we can provide data-informed, and objective business cases that truly zero in on the areas that drive growth. 

There could be varying factors that determine your readiness to implement an innovation strategy such as timing, budgets, industry trends and internal stakeholders. This is why we offer a range of tailored solutions to suit your internal capabilities and capacities.

Utilise some or all of our resources.

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What we know

Innovation must contribute to delivering on strategy

Innovation must solve a problem and in turn drive “valued” outcomes aligned to KPIs

Innovation should be disciplined, pragmatic, honest and commercially focused

Innovation is about culture, mindset, capability and capacity vs any particular methodology

In the age of CX innovation should end in a customer benefit

Innovation needs a champion(s) and artefacts and evidence to take, and keep, the right people on the journey

As always it comes down to people – how they feel, what they think and relationships that work

 



Since 2013, Slingshot has worked with some of Australia's leading organisations like
HCF, News Corp, Qantas, Lion, Clubs NSW and Caltex. Through our adaptable model Slingshot focuses on innovation that delivers on an
organisation’s strategy and that leaves a cultural mark.

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