Emergn and Strategyzer are coming together to help companies and their leaders bridge the commercial gap between innovation and transformation.
According to the consultancies, the alliance will reduce or eliminate 'the critical distance between the desire for change and the ability to make it happen'.
Both companies transform the way modern businesses innovate.
Strategyzer is a leader in helping organisations develop, test, and crystallize new ideas.
Emergn supports organisations with commercialising those ideas with core digital services centered on product management, development, and engineering, plus toolkits and a suite of learning solutions.
Their combined experience and offerings will give companies the means to move from business innovation to business transformation seamlessly.
Many companies aren’t making radical change happen fast enough to accelerate the commercial results they need.
New analysis from the US Bureau of Labor Statistics shows a decline in productivity for five consecutive quarters to Q1 2023.
And research from KPMG finds 73% of digital transformations fail to deliver growth and improved profitability owing to poor execution.
Yet, there is a desire for change.
An Emergn and Strategyzer survey of product and IT leaders across the US and UK shows that 83% believe their businesses can be truly innovative, with 70% expecting radical change to succeed in their organizations if it was implemented better.
Emergn and Strategyzer’s research reveals why this disconnect between expectation and delivery exists:
60% of IT leaders and 95% of product leaders who think radical change isn’t currently possible feel their leadership is resistant to change, hindering growth.
A staggering 80 per ceent of all leaders surveyed are concerned that ‘rule by committee’ is blocking decision-making by adding too many decision-makers to the change process; One-third indicate that their firms do not value experimentation, which creates an atmosphere of fearfulness and dampened innovation practices.
There’s a disconnect between technology, innovation, product management, and transformation.
There are multiple reasons transformations are failing, including cumbersome investment decision-making processes, conflicting spheres of influence, and misaligned roles at the cost of effective collaboration.
The best organisations seamlessly toggle between inventing the future and managing the present, often labeled as the project-to-product journey; these firms intrinsically link innovation and transformation.
Emergn and Strategyzer cover both demands; together, they help business leaders design, foster, and implement their innovative ideas.
Emergn CEO Alex Adamopoulos, who serves as a mentor and advisor to industry leaders across the Fortune 100, says: “This alliance combines expertise in innovation, transformation, and digital service delivery in a one-of-a-kind combination.
"I’m incredibly excited to join forces with Alex Osterwalder and his team, who I respect immensely.
Together, we’ll allow companies to bridge this commercial gap between innovation and transformation and deliver real change, fast.”
Strategyzer CEO Osterwalder, who's credited with inventing the Business Model Canvas and Value Proposition Canvas, adds: “We’ve learned a lot from working with leading companies around the world.
There’s a disconnect between technology, innovation, product management, and transformation.
"Together, Strategyzer and Emergn have a unique ability to help businesses reinvent themselves.
We have the experience to make innovation and transformation part of their DNA.
We share the same vision to improve the way people and companies work.
"The need is clear when I observe mission-critical innovation and digital transformation programs stalling in many organizations.
We can’t wait to get started.”
