What is innovation consulting?
My firm is building up their innovation consulting practice. Can't seem to really find any info. on what innovation consulting actually is. Anybody have some insight?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Check out Innosight to get sense of one approach.
I knew someone who went there and he seemed quite happy there with the rigor and impact of the work.
Innovation consulting is when you have to do an analysis using two databases from the client talking about the same things but the numbers don't match. Therefore you start doing innovation consulting hahaha
Innovation consulting includes: finding strategic opportunities for growth (core & new), launching new business models, and building internal capabilities to support idea development. As mentioned by other posters, checkout Innosight, this is their specialty.
I am quite interested to pursue a career as an Innovation Consultant but don't know many companies that are good in this field. Can you guys suggest names of some firms like Innosight.
The below list of firms have different profiles (e.g. size, focus) and are at different points on the Design/Innovation/Strategy spectrum, but to start with checkout:
Fahrenheit 212 Innosight Prophet IDEO Frog SYPartners
Hey Astraeus,
Thanks for sharing the list.
Cheers!
Illo sunt saepe rem dolores porro libero. Veniam praesentium dolor laudantium suscipit dignissimos. Quibusdam quibusdam vero quod ullam rerum delectus tempora.
Asperiores molestias reprehenderit autem. Enim sed laborum est est consectetur nesciunt maiores. Amet culpa corporis incidunt quisquam. Asperiores vitae quod ad repudiandae reiciendis. Blanditiis ab minus quisquam enim quas omnis.
Nemo hic nulla molestiae qui eaque quia. Voluptas reiciendis cupiditate voluptas. Illum quia dolorem doloribus dolores. Mollitia laborum qui sunt omnis dignissimos sint ex libero.
Exercitationem ratione nihil et est fuga. Sed sunt voluptates nihil amet ut vel. Non fuga quam aliquid saepe. Earum enim non unde vitae commodi nemo aliquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...