Today’s transformative innovation is tomorrow’s core business. Creating new sources of growth is a critically important task for any company’s future. But managing transformative innovation is hard and doesn’t come naturally to large, established enterprises. All of the strategies, processes and reward/recognition systems that help these companies optimize their business are often barriers to embracing transformative innovation.

Getting transformative innovation right can deliver powerful advantages:

  • A series of new businesses that can deliver the growth beyond today’s core business
  • Business model innovation that can provide new competitive advantages
  • Entrepreneurial skills that provide speed and agility
  • An improved ability to leverage the innovation ecosystem

Building Transformative Capabilities

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Venture2 helps our clients create new sources of growth by building enduring capability for transformative innovation. Most companies’ transformative innovation organizations and initiatives are short-lived. Our approach is different. We help you develop capabilities for transformative innovation that are unique and distinct from core innovation capabilities, while approaching them both as part of an ‘interdependent’ system that must be co-managed. It’s ambidextrous innovation re-imagined, through a systems-thinking approach and powered by the disruptive power of the startup ecosystem.

Venture2’s transformative innovation services include:

  • Creating organizational and process design for transformative innovation and new business creation
  • Addressing the right approach to new business incubation, inside or outside your ‘four walls’
  • Establishing decision and funding models appropriate for transformative innovation
  • Developing entrepreneurial mindsets and behaviors necessary to support breakthrough and transformative innovation
  • Adopting lean startup methods for the enterprise
  • Engaging the organization with venture challenges for creating and driving breakthroughs
  • Executing jumpstart and acceleration programs to rapidly validate new venture opportunities

Innovation strategy and portfolio management

Leverage the power of “AND” by creating dual-growth strategies and portfolio management discipline.

Core business innovation

Accelerate the core business through disciplined execution of new product development.

Transformative new business creation

Build the capability for new sources of growth as part of an interdependent innovation system.

Innovation ecosystem engagement

Learn how to leverage external innovation and startups to fuel core innovation and co-create transformative businesses.
“Venture2 has been a true partner. You have helped us beyond what I could have imagined… I can’t thank you enough.”
Randy Schickert, President DESA Indoor/Outdoor Products
“You made a huge impact. Your astute but firm guidance on the project took this team to new directions and provided a real platform for us to drive growth and rigor. Thank you for the terrific work.”
John Clarke, Chairman Futura Medical
“I worked with Venture2 on the implementation of an innovation capability building initiative and found their operational insight, deep understanding of key processes & methodologies, and organizational change management skills to be critical factors for the successful deployment of world class product development capabilities that have produced tangible and sustainable results for my company.”
Director, R&D Renewable Energy Industry
“Venture2 brings a unique ability. They have the operational backgrounds to bring a business to life.”
Larry Wesson, CEO Medport LLC
“GSK has worked closely with Venture2 on a variety of initiatives across our businesses. Their extensive experience in Open Innovation and their focus on delivering real results have been tremendously helpful to us in achieving a leadership position in delivering new innovations.”
Stanley J. Lech, VP Global Innovation GSK Consumer Healthcare