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COMPETITIVE STRATEGY AND INNOVATION
The only hope for the US to maintain its edge against rising global competition is by fostering and expanding the most critical business success factor: innovation. We need a robust innovation infrastructure and methodology so that innovation in all areas, products, services, distribution, marketing and other value chain points flows on a continual basis. We need to do for innovation what we have done for continuous improvement. FarSight has concentrated its unique research and practice on this vital capability for over four decades.

 

 

Mission: Value Proposition Companies engage us to leverage our proprietary process and tool set to systematically capture the creativity of their people and others in the value chain to enjoy continual competitive advantage and significant added customer value resulting in growth and increased profit.

What is Innovation? FInnovation is a process and tool set that systematically captures the creativity of the people in your organization and others in the value chain so that an atmosphere of continual competitive advantage can be achieved. Innovation significantly increases value to the customer, driving growth and increased profitability for the organization. In contract to most continuous improvement efforts that suggest doing things differently, Innovation leads organizations to do different things.

Why Innovate?

  • Rejuvenate the business!!!!! "Create the Future."
  • We want sustained growth and enhanced profitability.
  • We have extraordinary, ruthless global competitive pressures and continuous, turbulent change combined with commodization.
  • We need breakthrough innovations and fast speed to market to outpace the market and the competition.
  • Get to better solutions faster through collaboration.

How do I Innovate?

Using our systematic approach, you will:

  Establish organizational infrastructure & leadership for the innovation effort
  Leverage the wisdom, creativity and collaborative capabilities of your organization
  Create innovation strategic priorities using AIT's exclusive FarSightPro creativity & collaboration tools
  SDefine criteria for success through commitment by determining: --What is good for the company (revenue growth, cost reduction, shareholder value, etc.); --What is good for the customer
 

Develop ideas and concepts based on customer input using AIT's exclusive FarSightPro creativity & collaboration tools.

  Test the innovations against the success criteria
  Roll out the innovations
  Revisit strategies on a consistent basis


   
 
   
 
   
We pioneered the research establishing the scientific foundation behind innovation, i.e. Transformation Theory. We have very strong theoretical background and publications supporting our research.
We were the first to introduce a systematic, comprehensive innovation methodology. AIT can lead innovation projects or train innovation leaders to create a capability for continuous innovation throughout your organization.

We invented the first group decision support systems which include the Innovator (1973), Vision Net (1980), Conexus (1985) and Far Sight Pro (2002).