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Threat
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Innovation
Your business faces significant threats with a in-ability to innovate at speed. This combination puts you at high risk and necessitates urgent action to build innovative capacity and move the business out of threat. Acting with urgency is key.
Journey AI video
Solve tips
Start by identifying key areas where innovation can have an immediate impact.
Focus on ‘optimisations’ mainly and ‘accelerations’ thereafter.
Encourage leadership to support and champion innovation initiatives.
Consider external partnerships or hiring experts to boost your innovation capabilities.
Evolve tips
Develop a crisis management plan to address immediate threats.
Prioritise quick wins that can demonstrate the value of innovation.
Engage the whole organisation in problem-solving and brainstorming sessions.
APAC Strategist
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SWOT Analysis
The SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis is a strategic planning tool used to identify internal and external factors that can impact an organisation.