Two innovation experts. One goal.

Strategyzer
September 26, 2023
#
 min read
topics
Explore vs Exploit

Most organizations are in control of the present. But to thrive in a world of growing uncertainty, you need to have a clear understanding of how to explore the new, while exploiting the well-known. The future is inevitable, to make it yours you need to become a dual mindset organization.

Our alliance

We are Strategyzer and Emergn, two of the world’s pioneering consultancies in the fields of innovation and business transformation. Using our respective expertise, we are coming together to bridge the gap between innovation and transformation: the critical distance between the desire for change and the ability to make it happen.

Together, we have one goal: to build dual mindset organizations.
Together, we are the new competitive advantage.

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What does it take to innovate and thrive?

78% of companies rank innovation as a top three priority. Yet, only 20% are set up to be able to scale innovation enough to systematically create growth. Why? Because companies are mostly focusing their efforts on improving their existing business model and products – without exploring the future. From our experience working with leading companies around the world, we know that in order to thrive in a world of growing competition and volatile environments – companies need to be able to excel at both. In essence, they need to become ‘dual organizations’.

Doing so doesn’t come without challenges. This is why Strategyzer and Emergn have joined forces to guide you through the process. Together, we can help you embrace and embed these two operational modes to create an organization that will thrive in the face of tomorrow.

We have written a short insight paper that is an introduction to how we can do this.

The dual mindset

Why is it so hard to excel at both exploring the future and exploiting the present? Because there are different focus areas, expectations and operating models for both. Strategyzer understands and has experience in ‘exploring’, while Emergn excels at ‘exploiting’. But it’s important to understand that dual organizations don’t ‘explore’ in one part of the business and ‘exploit’ in another. To achieve growth and create value sustainably they implement duality everywhere. They are run by leaders and operators with a dual mindset who infuse duality in organizational structures, processes, and metrics.

Growth from business innovation

Business innovation is the discipline of creating growth and value from innovation. There are three ways you can do this:

  1. Improve and optimize processes.
  2. New products, services, and innovative channels to extend your business model half-life.
  3. Fundamentally different offerings and business models.

Each requires a different level of experimentation and agility. Each needs the right processes, metrics, and mindset. To thrive, companies need to successfully manage and allocate resources across all three opportunity areas. Emergn and Strategyzer combined have extensive experience to help you with all three – from transformative innovation to optimizing existing products.

Agility from business innovation

To bring the dual organization to life you need to manage a portfolio of existing businesses while exploring a portfolio of future opportunities. To achieve this you need the right people and processes in place. Working with Strategyzer and Emergn you'll be able to identify and put in place the right structure across the two modes. Together we will build this duality across six different themes: strategy, organizational structure, processes, metrics and reward systems, skills and people, infrastructure and technology stack.

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Strategyzer
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Strategyzer
September 26, 2023
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Two innovation experts. One goal.
News

Two innovation experts. One goal.

September 26, 2023
#
 min read
topics
Explore vs Exploit

Most organizations are in control of the present. But to thrive in a world of growing uncertainty, you need to have a clear understanding of how to explore the new, while exploiting the well-known. The future is inevitable, to make it yours you need to become a dual mindset organization.

Our alliance

We are Strategyzer and Emergn, two of the world’s pioneering consultancies in the fields of innovation and business transformation. Using our respective expertise, we are coming together to bridge the gap between innovation and transformation: the critical distance between the desire for change and the ability to make it happen.

Together, we have one goal: to build dual mindset organizations.
Together, we are the new competitive advantage.

What does it take to innovate and thrive?

78% of companies rank innovation as a top three priority. Yet, only 20% are set up to be able to scale innovation enough to systematically create growth. Why? Because companies are mostly focusing their efforts on improving their existing business model and products – without exploring the future. From our experience working with leading companies around the world, we know that in order to thrive in a world of growing competition and volatile environments – companies need to be able to excel at both. In essence, they need to become ‘dual organizations’.

Doing so doesn’t come without challenges. This is why Strategyzer and Emergn have joined forces to guide you through the process. Together, we can help you embrace and embed these two operational modes to create an organization that will thrive in the face of tomorrow.

We have written a short insight paper that is an introduction to how we can do this.

The dual mindset

Why is it so hard to excel at both exploring the future and exploiting the present? Because there are different focus areas, expectations and operating models for both. Strategyzer understands and has experience in ‘exploring’, while Emergn excels at ‘exploiting’. But it’s important to understand that dual organizations don’t ‘explore’ in one part of the business and ‘exploit’ in another. To achieve growth and create value sustainably they implement duality everywhere. They are run by leaders and operators with a dual mindset who infuse duality in organizational structures, processes, and metrics.

Growth from business innovation

Business innovation is the discipline of creating growth and value from innovation. There are three ways you can do this:

  1. Improve and optimize processes.
  2. New products, services, and innovative channels to extend your business model half-life.
  3. Fundamentally different offerings and business models.

Each requires a different level of experimentation and agility. Each needs the right processes, metrics, and mindset. To thrive, companies need to successfully manage and allocate resources across all three opportunity areas. Emergn and Strategyzer combined have extensive experience to help you with all three – from transformative innovation to optimizing existing products.

Agility from business innovation

To bring the dual organization to life you need to manage a portfolio of existing businesses while exploring a portfolio of future opportunities. To achieve this you need the right people and processes in place. Working with Strategyzer and Emergn you'll be able to identify and put in place the right structure across the two modes. Together we will build this duality across six different themes: strategy, organizational structure, processes, metrics and reward systems, skills and people, infrastructure and technology stack.

related reads
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Two innovation experts. One goal.

Most organizations are in control of the present. But to thrive in a world of growing uncertainty, you need to have a clear understanding of how to explore the new, while exploiting the well-known. The future is inevitable, to make it yours you need to become a dual mindset organization.

Thanks for your interest in 
Two innovation experts. One goal.
Two innovation experts. One goal.
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Let's talk
Whether you’re looking for more information or you’re ready to start a project, we’re ready to help.
Thanks for your interest in our solutions. We will be in touch with you soon.