Emergn and Strategyzer, two leading consultancies, have announced a new partnership aimed at helping companies bridge the gap between innovation and transformation. The alliance will enable businesses to move from business innovation to business transformation seamlessly, giving them the tools and expertise needed to make radical changes and accelerate commercial results.
Recent analysis from the US Bureau of Labor Statistics has shown a decline in productivity for five consecutive quarters, while research from KPMG reveals that 73% of digital transformations fail to deliver growth and improved profitability due to poor execution. However, a survey conducted by Emergn and Strategyzer shows that 83% of product and IT leaders believe their businesses can be truly innovative, with 70% expecting radical change to succeed if it was implemented better. This highlights the desire for change among companies and the need for effective execution.
The research conducted by Emergn and Strategyzer also sheds light on the reasons why transformations often fail. Cumbersome investment decision-making processes, conflicting spheres of influence, and misaligned roles are identified as key factors that hinder effective collaboration and execution.
The partnership between Emergn and Strategyzer aims to address these challenges by providing comprehensive solutions that cover both innovation and transformation. Emergn specializes in helping organizations commercialize innovative ideas through core digital services centered on product management, development, and engineering. Strategyzer, on the other hand, is a leader in helping organizations develop, test, and crystallize new ideas. By combining their expertise, the two consultancies will help business leaders design, foster, and implement their innovative ideas, ultimately driving business transformation.
Both Emergn and Strategyzer are led by highly experienced and influential innovation experts. Alex Adamopoulos, CEO of Emergn, has spent 30 years helping the world’s largest organizations improve and deliver their products and services. He is a mentor and advisor to industry leaders across the Fortune 100. Alex Osterwalder, CEO of Strategyzer, is widely known as one of the world’s innovation thought-leaders, with his work as an author, entrepreneur, and inventor of the Business Model Canvas and Value Proposition Canvas.
The alliance between Emergn and Strategyzer comprises over 650 colleagues working in more than 20 countries worldwide. Their tools and content empower more than seven million people. The CEOs of both companies expressed their excitement about the partnership and their shared vision to improve the way people and companies work. They believe that the alliance will help businesses reinvent themselves, make innovation and transformation part of their DNA, and deliver real change quickly.
Emergn is a global digital business services firm that helps businesses develop their most promising ideas into valuable digital products and customer experiences. The company has a unique approach, called Value, Flow, Quality (VFQ), which combines the best of Agile, Lean, design thinking, systems thinking, economics, psychology, and sociology. Strategyzer, on the other hand, is a pioneering force in the world of innovation and business strategy. It offers programs, platforms, and services to help organizations scale innovation, and its contributions, such as the Business Model Canvas and the Value Proposition Canvas, have become indispensable tools for businesses worldwide.
The partnership between Emergn and Strategyzer is expected to have a significant impact on businesses looking to innovate and transform. By providing the necessary expertise, tools, and support, the consultancies aim to help companies bridge the gap between innovation and transformation, enabling them to achieve their desired commercial results.
More detail via Benzinga here… ( Image via Benzinga )