Innovation is the name of the game
At Strategos, innovation is seen as the key to developing and
maintaining a successful business. A boutique strategy and
innovation consultancy with offices around the globe, Strategos'
philosophy is that innovation needs to be systemic and live at the
heart of a business if it is to deliver results and engage
employees. Accordingly, the firm helps to define game changing
strategies for its clients, as well as to develop opportunities and
build a true culture and capability for innovation.
For a small firm, Strategos works on big issues. With around 30
experienced professionals across multiple locations, it works with
mostly corporate clients on a wide range of innovation topics and
challenges. The promised results? Compelling strategies backed up
with big, new ideas, faster results, a healthy pipeline of new
products and services, enterprising and productive employees and
innovative business models. Strategos seems to make good on its
promises, having performed services for 25 out of the 30 companies
included in the Dow Jones Industrial Average, in addition to other
members of the Fortune Global 500.
A whirl of difference
Strategos' marquee clients span the business spectrum, including
names such as Applied Materials, Whirlpool Corporation, Nokia,
Roche Diagnostics and Royal Dutch/Shell.
The firm's website prominently features glowing client
testimonials. One client, Whirlpool, approached Strategos for help
when it realized it could not remain a household brand name by
simply coming up with better appliances. "It needed to find more
fundamental advantages," says Strategos, which helped Whirlpool
executives think outside the box. Within two years of hiring the
firm to help develop new ideas, Whirlpool had created several new
product lines, such as a new line of appliances for younger
lifestyles, a system of high quality, attractive looking,
appliances and organizers for garages, and started the Inspired
Chef cooking schools that showcase Whirlpool products. Within two
years, Whirlpool's "innovation pipeline" was flowing with ideas,
and Whirlpool estimated that these new appliances, once on the
market, could produce $3 billion in annual sales.
With such a strong grounding in innovation, it's no surprise to
find that Strategos takes the concept of exchanging information
seriously too. Members of the Strategos team regularly publish
articles on the firm's innovation blog, while the firm also
LinkedIn group that is dedicated to creating and updating a
community of innovation specialists, both within the firm and
IN THE NEWS
Strategos spins off from Innovaro
After four years as an operating division of Innovaro, Strategos
once again became an independent strategy and consultancy firm,
fully owned by the three partners who manage the firm.
Members of the Board of Directors invest in
Two Directors of Strategos' parent, Innovaro, invested a
combined $250,000 in a direct share purchase agreement, a move that
indicates a a high level of confidence in the future of the
Strategos enters fifth phase projects with an Asian
Extending a relationship that started in the spring of 2010,
Strategos continues to support a leading Asian telecom firm's
progress toward building a core competence for innovation.
According to the firm, the total value of the relationship is
approximately $10M over three years.