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 Innovation ... Now More Important Than Ever

 
In today’s hypercompetitive marketplace, product differentiation and brand equity are crucial to success. Innovation is one of the most effective ways to ensure market leadership. Those who do not innovate will stand still and fall behind their competitors.

Dvorak Consulting is dedicated to working with your company to conceive and design innovative products and services for maximum competitive advantage. We offer:

  • Technology Analysis and Forecasting
Know where technology is going and where the product innovation opportunities are.
  • Innovation Management
From idea generation to technology transfer - Identify market disrupting devices and services.
  • Software Development
From architecture to coding we can help you develop the software for innovative products and services.

Regardless of what areas you compete in, innovation is the key to sustained success and growth (see how to innovate). Consider:

  • Successfully competing on price requires constant innovation in the production and distribution processes to keep costs low without sacrificing quality

  • When competing on quality innovation is required come up with new products and services that move the quality gap to other areas, allowing the company to retain a competitive edge.

  • To compete on service the company must maximize the customer’s interaction with its people. Thus there are significant opportunities for innovation here as companies strive to provide service at lower cost while maintaining market leading customer experience.

  • Competing on features/functions requires continued innovations as the period of competitive advantage from new features continues to shrink as competitors provide those features with increasing rapidity.

  • Competing on appearance and physical design requires continued innovation as device manufacturers continue to search for elements of differentiation.

  • Competing on usability, previously ignored, is now becoming an effective differentiator. There is enormous potential here for innovative form factor and application design which requires non traditional approaches to design.


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Last Updated 08/11/2008