IMP³rove Innovation Management Assessment for SMEs. Dr. Eva Diedrichs Rome, 2014

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1 IMP³rove Assessment for SMEs Dr. Eva Diedrichs Rome, 2014

2 Overview on IMP³rove IMP³rove takes a holistic approach to support services Providing professionals with new and better services to support enterprises on issues Improving the of small and medium-sized enterprises (SMEs) in Europe and beyond Reaching out to SMEs especially innovative companies support providers Financial community funding SMEs Policy makers Academia Source: IMP³rove Global Coordination Team, 2014; IMP³rove is a registered trademark 2

3 With IMP³rove, SMEs gain transparency on how to improve their for sustainable growth From IMP³rove Assessment to transparency on areas for improvement strategy results organization and culture Enabling factors life cycle processes Own company Growth champions Average The IMP³rove benchmarking offers benchmarks of more than 3,700 companies globally and from different industries Source: IMP³rove Academy 2014; IMP³rove is a registered trademark 3

4 support providers benefit from access to high quality training, tools, benchmarks, etc. Value-propositions of IMP³rove Training: Focus on impact and practical application at SMEs based on more than 80 years of consulting experience Branding for differentiation: High value-added services due to high impact on SMEs competitiveness International Certification: Based on proven knowledge and comprehensive practical experience Proven tools: Improving SMEs performance Benchmarks: Up-to-date from the largest international database on of SMEs Network: International network of more than 700 trained IMP³rove consultants IMP³rove enhances the effectiveness and efficiency of consultants and intermediaries support to SMEs Source: IMP³rove Global Coordination Team, 2014; IMP³rove is a registered trademark 4

5 Overview on IMP³rove IMP³rove can accompany the whole investment cycle, reducing risk and striving for the portfolio s profitable growth Investment Opportunity Year 1 Year 2 Year Review of performance Review of performance improvement 2 nd IMP³rove Assessment for exit preparation Exit Systematic value created based on the IMP³rove Approach improvement Potential for profitable growth? Fully leverage growth potential through continuous capability improvement In the exit phase, the IMP³rove Approach serves as strong argument in the due diligence and negotiation phase for the next investor Source: IMP³rove Global Coordination Team, 2014; IMP³rove is a registered trademark 5

6 Overview on IMP³rove Policy makers around the globe have adopted IMP³rove to enhance the effectiveness of their innovation policies Publicly funded programs (examples) Australia: Developing manufacturing companies in the state of Queensland France: National innovation agency supported the IMP³rove Assessment for KIS companies Germany: GoInno voucher program combining with the IMP³rove Assessment UK: Scottish Enterprise to provide additional support services to highgrowth SMEs Hungary: Developing an IMP³rove based innovation eco-system by training consultants and supporting SMEs in improving their innovation capabilities and competitiveness ICT: Information and Communication Technologies KIS: Knowledge Intensive Services Source: IMP³rove Academy, 2014 ; IMP³rove is a registered trademark Serbia: Assessing 150 SMEs to further develop their innovation performance and competitiveness North African countries: With the support of the European Union the innovation eco-system will be developed in Tunisia, Morocco, Lebanon and Egypt Egypt: Assessing ICT companies and developing a national support program with the aid of the European Union Brazil: Regional authorities launched a benchmarking project for the biotech sector for which the IMP³rove assessment was applied 6

7 Overview on IMP³rove Academic institutions can create a triple win situation with IMP³rove Benefits of IMP³rove4Students For companies Learn how to enhance in the own organisation Gain insights in strengths and weaknesses of the capabilities Define measures for improvement with high value creation potential Exchange of creative ideas with potential employees IMP³rove for students For universities Source: IMP³rove Academy, 2014; IMP³rove is a registered trade mark For students Learn how to assess and how to further develop it Gain insights in the business challenges of the company and the competitive pressure Gain experience in defining improvement measures and their impact on the business performance Gain insights in the organisation of potential employers High practical experience within the education program Increasing the employability of the graduates Intensifying the network of local enterprises Creating basis for further research 7

8 IMP³rove is perceived as Gold Standard in support IMP³rove Assessment as Gold Standard Largest benchmarking database on > 3,600 Companies Compliant with European standards in Award-winning approach of assessment KIS 1162 Food/Bev 253 Textile 127 Bio Tech/Pharma/ Chemical 325 ICT/Elect./ Optical 706 Space/ Aeronautics/ Automotive 170 Mach/Equip. (plant constr.) 886 KIS = Knowledge Intensive Services Source: IMP³rove Academy 2014, Figures Dec. 2013; IMP³rove is a registered trademark 8

9 We cordially invite you to IMP³rove. For further information please do not hesitate to contact: Eva Diedrichs IMP³rove European Academy (non profit) c/o A.T. Kearney GmbH Kaistrasse 16 A D Düsseldorf Tel: +49 (0) improvecoreteam@atkearney.com 9

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