Business Advisory in Action
Our work is both wide and deep across and within industry. From large, thriving oil corporations and healthcare giants to nimble, dynamic growing businesses, Babson industry experts help build the capacity to use entrepreneurial thinking to solve problems, increase adaptability, and sustain growth.
A Talent Management System to Foster Innovation
Challenge
A leading chemical company was losing market share because of industry disruption.
Solution
A customized program to help them identify opportunities for breakthrough innovation, including identification of the company’s strategic intent and how to create a talent management system to support continuous strategic innovation.
Results
A pragmatic blueprint for how to implement organizational innovation, including how to acquire, develop, and retain innovative people.
Staying Ahead of Industry Disruption
Challenge
A mid-sized company, successful because of its R&D expertise and loyal customer base, was losing market share in the face of incursions from unfamiliar scientific and technological arenas.
Solution
An R&D portfolio assessment that ensures adequate investments are being made into evolutionary and transformational innovation, and that these projects progress in alignment with the company’s strategic ambitions.
Results
Purpose and clarity found through a series of visualizations of their portfolio which highlighted strengths and weaknesses for each project, and the extent to which the portfolio of projects was moving toward accomplishing the company’s strategic ambitions.