STAGES OF INNOVATION

INNOVATION & NEW PRODUCTS MANAGEMENT

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SOI understands how to capture the unique strengths of your organization.  Our product lifecycle management system provides "cradle-to-grave" services for your product lines.  We work closely with your existing team, arming them with the tools they need to succeed. 
 
 Pre-Incubation

SOI helps you move the more obvious, test ready ideas, including line extensions, into test for a preliminary view of potential.

 

Incubation

SOI's process helps you develop the concept and drive initial revenue. 

 

Commercialization

After the first market skim, more refined target audiences and statements of select Markets, Segments and Sub-Segments for each product line are developed.

 

Harvest

All companies reach a point of constraint on resources.  SOI can help you identify when resources should be re-allocated to reduce costs and increase margins. 

 

Sunset
SOI works with your team to determine whether the product should be:

  • Rejuvenated by adding new features
  • Applied to new markets
  • Discontinued by liquidating inventory or
  • Sold to another firm with a complimentary product.

 

Contact us to find out more.


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