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Three Horizon Framework

The 3 horizon framework was originally developed by McKinsey and was published 20 years ago in the book The Alchemy of Growth.   It has become a sustainable model due to the insights and gudiance it provides when looking at a firms portfolio of innovation efforts and how they relate to susutainable growth for the enterprise.

3 horizons
Our assessment incorporates this model as we recommend best practices for assigning Innovative development projects across three horizons.

Horizon one covers immediate and incremental improvements that return measurable impacts and keep the IT infrastructure at peak performance.

Horizon two introduces workable concepts that offer the greatest promise for expansion or market capture, assuring revenue for the future.

The third horizon is the most creative and expansive, commercializing applications from the second horizon in original and unpredictable ways. Although these ideas present the most significant potential, it will take precise and intelligent deployment of technologies from the first two horizons to get there.

Innovation readiness analysis should concern itself just as much with internal processes as with external offerings. Your InnovationIQ score will indicate which areas could profit most from new approaches, both in terms of profitability and market share.

From there, you can go on to reimagine the interactions of your high-performance teams, as well as, test business prototyping sessions. There are many pathways that lead to streamlining workflows and ensuring stronger revenue streams. Initially, they all begin with an assessment to evaluate how ready you are now to seize new ideas and make them work.

Contact us contactustoday (281.858.3271) for a free no obligation discussion of your current needs and situation.

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