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Business Strategy and Transformation

Innovation Management

We build a stage gated innovation portfolio balanced across horizons with open innovation partnerships

Programme overview

Innovation
Management

Innovation Management is the discipline of converting curiosity into competitive advantage at scale. Our team designs an innovation strategy aligned to your corporate ambition and balances the portfolio across the three horizons of core, adjacent, and transformational bets. We build the stage gate process that protects each bet without killing its upside, and we create the partner ecosystem across academia, startups, suppliers, and customers that fuels open innovation alongside your internal research and development.

Innovation Management Overview
How we deliver it

Our implementation model

We fix the standards that apply to your site before we open at innovation strategy, and we do not close at portfolio governance until they are met.

Innovation Strategy

Innovation theme prioritisation aligned to strategy, horizon mix (H1 / H2 / H3), investment allocation framework.

Idea Funnel & Sourcing

Internal idea sourcing, external scouting (academia / startups / suppliers), open innovation partnerships, ideation campaigns.

Stage Gate Process

Stage gate evaluation (concept → feasibility → development → launch), structured criteria, kill or progress decision discipline.

Resource & Capability Allocation

Innovation team structure, dedicated funding, accelerator / incubator setup, partner ecosystem management.

Pilot to Scale

Pilot execution, learnings capture, scale up decision, commercialisation strategy and go to market support.

Portfolio Governance

Innovation board, quarterly portfolio review, balanced pipeline tracking, value realisation measurement.

What the programme covers

Innovation in full scope

We set an innovation strategy and balance the portfolio across horizons
We build an idea funnel sourced from inside and outside your business
We design the stage gate evaluation process
We create a resource allocation and capability framework
We move ideas from pilot through to commercial scale
We govern the portfolio and track the value it returns
Innovation Management Coverage
Business value

Value of Innovation Management

Innovation Risk Balance
  • We balance the portfolio so you are not exposed to a single bet
  • We use stage gate discipline to stop weak bets early
  • We focus resources on the bets most likely to win
  • We extend your reach through open innovation partnerships
Innovation Governance
  • We protect intellectual property through a structured process
  • We consider the regulatory pathway early in the stages
  • We build sustainability impact into the evaluation
  • We align to ISO 56000 so you are ready for certification
Innovation Velocity
  • We shorten the cycle from idea to launch
  • We improve your rate of commercialisation success
  • We extend internal capability through partnerships
  • We align your operating model to the innovation pipeline
Innovation Return on Investment
  • We help you avoid sunk cost on innovation that fails
  • We keep capital efficient through staged releases
  • We grow revenue through successful new products
  • We improve your research and development returns through discipline
Standards & references

Codes & standards we work to

McKinsey Three Horizons of GrowthCooper Stage Gate Innovation ProcessChristensen Disruptive InnovationChesbrough Open InnovationDoblin Ten Types of InnovationISO 56000 Innovation Management
When to engage

Triggers that signal the need

New product development has become a priorityYou need to respond to a disruptive threatYou want to improve research and development efficiencyAn open innovation partnership opportunity has come upYou are pursuing innovation maturity certification to ISO 56000
Industries served

Where Innovation Management applies

Oil & Gas, Upstream
UpstreamOffshoreFPSO
Refineries & Petrochemicals
RefiningPetrochemical
LNG & Gas Processing
LNGCryogenic
Specialty Chemicals
ReactiveBatch
Power Generation
PowerHydrogen
Pharma & Food
PharmaFood & Bev
What we deliver

Tangible deliverables

  • An innovation strategy and horizon framework
  • An idea funnel and sourcing programme
  • A stage gate process and criteria
  • A resource allocation framework
  • A pilot execution and scale up playbook
  • A portfolio governance dashboard
Get Started

Send us the scope

We will scope Innovation Management against your site and come back with what it would take. Tell us where the process is losing time, yield or margin.