Securing efficient innovation of strategy is as important as continuous improvement of operations. Facing the speed and strength of change it is mandatory to innovate strategy actively when assessing business risks and opportunities. Balance should be sought between following stable development trends and adjusting to the continuous adjustments of borderlines between businesses.
Monitoring and translating global trends into business opportunities and riscs are fundamental for strategy setting and even more so for strategy execution.
Navigating with the innovation compass and balancing internal and external development around four dimensions: Market development & trends, Customer relations & insights, Competence mix & development and Company systems & culture is an integral part of SPC’s approach to strategy innovation.