EY CogniStreamer

In Advisory

Next generation innovation management software.

Related topics Advisory Innovation Technology

What EY can do for you

Innovation through collaboration. We help you capture, review & enrich your ideas towards tangible MVPs to accelerate and grow your business.

It is wrong to think that introducing innovation into your company is just a matter of buying a good innovation tool and then get started. It’s also necessary to have the right prerequisites, resources and attitude to develop a sustainable environment in order to pick all the fruits of this investment.

With CogniStreamer® you will have the state of the art collaborative innovation tool, but our consultants will also guide you with dedicated workshops and proactive coaching towards a strong self-supporting community.

We can help you in:

    • How to create an innovation roadmap aligned with my company strategy?
    • How to co-create strategy with my employees?
    • How to accelerate innovation?
    • How to structure innovation?
    • How to create a balanced innovation/opportunity portfolio?

    Why?

    The reason why companies fail to build a capacity to innovate and sustain its performance is mostly the lack of an innovation roadmap, rather than the failure to execute it. This problem is rooted in the absence of a well-articulated innovation strategy that is aligned with the business strategy. The innovation strategy drives the innovation roadmap which defines how specific innovation programs will be operationalized to achieve the strategic innovation objectives.

    There is no one innovation program that fits all purposes. An explicit innovation strategy will help you to design the right innovation programs for the job and create an innovation roadmap to operationalize them. Moreover, an innovation strategy will promote alignment around objectives and priorities, and help allocate resources to govern the innovation system.

    What’s the challenge?

    Integrating and aligning conflicting innovation priorities between different parts of the organization (Sales, Marketing, Finance, Manufacturing and R&D).

    Creating a balanced portfolio of incremental innovation programs (to address short-term market needs), adjacent innovation programs (to leverage the brand through product enhancements or unlocking new customer segments) and radical innovation programs (to disrupt existing markets with new technology and business models).

    Why you need EY CogniStreamer

    EY CogniStreamer’s scanning and benchmarking tools will help you to explore company specific forces such as the rate of technological disruption, competitive pressure, customer satisfaction and other industry specific factors that have an impact on your strategic choices.

    EY CogniStreamer’s strategy consultants will help your company to create an innovation strategy, addressing key questions around innovation focus (incremental, adjacent, radical/disruptive and architectural innovation), value creation focus (operational excellence, product performance, customer centricity), value capture tactics (agility, lock-in, patents, secrecy, …)

    Define strategic KPI’s and objectives, develop an innovation roadmap allocating resources to different innovation programs, and implement innovation dashboard and reporting systems to monitor innovation output.

    • We need a more entrepreneurial culture in our company.
    • Sharing best practices.
    • How I can be disruptive when my company is only focused on operational excellence?
    • How to change the culture in our company?
    • I want to detect, attract and retain talent.

    Why?

    Nobody understands your company’s business operations, market offerings and customer needs better than your own employees. Innovative growth can be achieved from within, simply by tapping into your employee’s creativity.

    That’s why building an entrepreneurial culture - where employees discover new market opportunities, design innovative concepts and use fast and cheap market validation methods to bring breakthrough solutions to scale – is a the top of most corporate agenda’s.

    Companies with a strong entrepreneurial culture also have much higher talent attraction and retention rates compared to others.

    What’s the challenge?

    Maybe your company already attempted to create a creative atmosphere with innovation corners, or trigger entrepreneurial behavior with idea competitions or hackathons. Highly visible initiatives like these can quickly create a wave of excitement.
    But it takes more to create a sustainable innovation culture. The right groundwork needs to be laid to prevent things from falling flat after the initial hype.

    Changing a culture is a continuous effort that requires a systematic approach driven by a long-term innovation strategy and enabled by an effective innovation governance system.

    Why you need EY CogniStreamer

    Especially when your company’s corporate strategy is focused on operational excellence it is essential to encourage your employees to think beyond improving your daily business operations.

    EY CogniStreamer’s innovation experts will help you to benchmark your company’s innovation capabilities and develop an innovation roadmap that drives your company towards a more entrepreneurial culture, fostering bottom up innovation across several innovation domains.

    To operationalize your innovation strategy, EY CogniStreamer’s innovation framework provides several innovation programs to trigger companywide entrepreneurial behavior, stimulating every employee to team up, collaborate and add value in their area of expertise. Nobody is left out.

    Our solutions

    Innovation Capability Assessment
    Innovation Strategy workshops
    Entrepreneurial Innovation Programs, supported by EY CogniStreamer innovation platform
     

    • How to innovate with start-ups & universities?
    • How to leverage creativity outside the company?
    • How can I rate start-ups?
    • How to collaborate with start-ups?

    Why?

    Many organizations have difficulties to understand the disruption of new emerging technologies or don’t have agile innovation processes to respond to significant changes in the market.

    Crowdsourced innovation can lead to faster, more-efficient, and more-creative problem solving. It is particularly suited for innovating modular systems that are relatively inexpensive to test.

    Innovating with start-ups, university and other stakeholders ecosystems offers a solution to identify disruptive ideas and emerging business opportunities. Learn from the entrepreneurial spirit of bright young people within the start-up or university ecosystem, and apply new and agile ways of creating, testing and implementing innovative ideas.

    What’s the challenge?

    Understanding the differences between how large corporates, start-ups, universities and other stakeholders innovate to open up your organization to more agile and collaborative ways of innovation

    Identifying and sourcing the right talent for your innovation ecosystem

    Creating the right value proposition to reach and engage all ecosystem stakeholders

    Creating a trusted and secure environment to manage and transfer intellectual property

    Why you need EY CogniStreamer

    Ecosystem Design: Identifying the right start-ups, universities and other stakeholders is essential to make your innovation ecosystem work.
    EY CogniStreamer has a lot of experience in identifying what capabilities play a crucial and critical role in the innovation ecosystem. We have strong connections with several existing start-up ecosystems, university networks and knowledge centers to source the right talent for your ecosystem.

    Stakeholder Management: collaboration within an innovation ecosystem is only successful if all stakeholders see the benefit.
    For each ecosystem stakeholder, EY CogniStreamer will help to create the best value proposition to bring them on board and take up an active role in the ecosystem.

    Communication & Engagement: An effective communication strategy is essential to attract and engage your ecosystem participants.
    EY CogniStreamer will help to select and use the right communication channels to put enough ‘weight’ behind your innovation initiatives.

    Our solutions

    Nimble Bee
    Hackathon
    Start-up incubation program
    Leveraging our innovation software
     

    • How to launch intrapreneurship program?
    •  Execute & Scale-Up Innovation:
      •  How to avoid to be stucked at POC stage - how to validate, scale up & execute?
      •  How can I create an accelerator/incubator?
    •  How to select ideas?
    • How to generate ideas?
    • Technology Confrontation:
      •   How to leverage new technology from Smart industry to be more efficient?
    • Innovation Program:
      •  How to setup & optimize hackathon?
    • Knowledge Management:
      •   Know what you know? How can I find the experts in my ecosystem? Company Brain Map?

    Why?

    Innovation is about introducing new ideas, devices or methods. But without execution, big ideas go nowhere. Taking innovation beyond ideation is one of the greatest challenges many organizations are faced with.

    The importance of a creative “front-end” to explore innovation opportunities and generate ideas and concepts is undeniable, but innovation programs must also include the proper processes and organizational structures for testing, market validation and delivery to ensure that innovations can be successfully realized and create business value.

    What’s the challenge?

    Going beyond ideation and turning ideas into actual product, service or process innovations, be it incremental, architectural or disruptive.

    Designing the right innovation programs and managing trade-offs when designing innovation programs:

    • Closed versus open (crowdsourced) innovation
    • Market-Pull versus Tech-Push innovation
    • Stage-Gate (predictability and control) versus Agile innovation (i.e. iteration and experimentation)

    Creating, installing and maintaining the governance structures to execute and manage several innovation programs in parallel.
    Building the right teams and ecosystems for the job

    Why you need EY CogniStreamer

    EY CogniStreamer’s innovation framework provides the proper processes, tools and governance methods to create successful innovation programs. The framework supports effective collaboration and group-decision support throughout the full innovation cycle of exploration, solution design, market validation and project selection and execution.

    Help to implement the right innovation programs (e.g. crowdsourcing) for the right purpose (e.g. product design and market validation), and enable them with bleeding-edge collaborative technology to connect people and ideas across your organization. Cutting through business silo’s, locations and time zones.

    Help to set up innovation governance structures and innovation teams, allocate appropriate resources and provide global support to successfully launch and manage your innovation programs.

    Solutions

    Seeding workshop
    Design workshop
    Challenge writing
    Challenge moderating
    Lead user training
     

    • How to create an innovation roadmap aligned with my company strategy?
    • How to co-create strategy with my employees?
    • How to accelerate innovation?
    • How to structure innovation?
    • How to create a balanced innovation/opportunity portfolio?

    Why?

    The reason why companies fail to build a capacity to innovate and sustain its performance is mostly the lack of an innovation roadmap, rather than the failure to execute it. This problem is rooted in the absence of a well-articulated innovation strategy that is aligned with the business strategy. The innovation strategy drives the innovation roadmap which defines how specific innovation programs will be operationalized to achieve the strategic innovation objectives.

    There is no one innovation program that fits all purposes. An explicit innovation strategy will help you to design the right innovation programs for the job and create an innovation roadmap to operationalize them. Moreover, an innovation strategy will promote alignment around objectives and priorities, and help allocate resources to govern the innovation system.

    What’s the challenge?

    Integrating and aligning conflicting innovation priorities between different parts of the organization (Sales, Marketing, Finance, Manufacturing and R&D).

    Creating a balanced portfolio of incremental innovation programs (to address short-term market needs), adjacent innovation programs (to leverage the brand through product enhancements or unlocking new customer segments) and radical innovation programs (to disrupt existing markets with new technology and business models).

    Why you need EY CogniStreamer

    EY CogniStreamer’s scanning and benchmarking tools will help you to explore company specific forces such as the rate of technological disruption, competitive pressure, customer satisfaction and other industry specific factors that have an impact on your strategic choices.

    EY CogniStreamer’s strategy consultants will help your company to create an innovation strategy, addressing key questions around innovation focus (incremental, adjacent, radical/disruptive and architectural innovation), value creation focus (operational excellence, product performance, customer centricity), value capture tactics (agility, lock-in, patents, secrecy, …)

    Define strategic KPI’s and objectives, develop an innovation roadmap allocating resources to different innovation programs, and implement innovation dashboard and reporting systems to monitor innovation output.

    Our solutions

    Innovation Capability Assessment
    Innovation Strategy workshops

Contact us

 Like what you've seen? Get in touch to learn more