ORGANIZING4INNOVATION

It can be tempting to look at Google, Apple, Amazon and other innovative companies to copy their best practices. These firms invest between 10% and 20% of their revenues on innovation and support hundreds of innovation projects. For example, Amazon spent $22.6 Billion On R&D in 2017.

Very few firms can afford to innovate on that same scale. If your innovation budget is between $100k and $4M, and you support between 1 and 100 innovation projects, you will need to be smarter and more cost-effective in the way you innovate.

For those organizations, we have found the best way to guide innovation teams and objectively compare their progress and performance. Use our T4 approach to identify winning teams, make innovation investments in a timely and equitable manner, and obtain the best possible results. Always.

If you want to get you started right away with your team, use the online T4 accelerator program. We recommend incorporating the T4 innovation process if you support multiple innovation teams a year and want to establish a culture for innovation that lasts. And if you support more than 20 innovation teams per year and want to make the T4 approach yours, consider licensing the T4 platform.

• Transparency about the challenges and accountability toward the stakeholders helped CHNOLA to scale its telemedicine offering from 250 visits per year to 250 visits a day during the early days of the COVID19 pandemic.
• Transparency about metrics improved ICTU's overall outcomes of their innovation activities and helped them to create a positive return on investment
• Transparency about objectives enabled Technolution to create clarity about innovation outcomes and get a six-figure contract before even finishing the development of their new offering
• Transparency about the process helped Children's National to build trust between operations and innovation and made the crowdfunding experiment a valuable learning experience for everyone involved
• Transparency about teamwork in a George Washington Telemedicine Program made managing their innovation projects a rewarding experience for all participants
• Transparency about commitment helped a patent lawyer to know when it was time to stop his innovation project

"We've been notified that we have been awarded the contract due to merit and them liking the value proposition. This a huge win and boost of confidence for our new direction, and I'd like to thank you for your part in this outcome!"

General Manager

"Our advisory board told the partners that we should work much more with a strategy, starting with the current strategy business development for the Netherlands, use that as a basis for the other countries in which we work, and then look at where we want to expand / tap new markets / etc. Finally, I feel acknowledged. Hopefully this is the end of our ad-hoc approach and that we can start working in a much more concrete and strategic way." 

Anna Everding - Business Developer KCAP

"You have no idea how grateful I am for all the help I received from you during this process. If I could award a Nobel Prize, it would go to you!" 

Annelies Geerts - PhD Candidate