Launch a New Business Venture

Challenge: The leader of a new corporate venture required to find a profitable way to operate in a business environment adjacent to the organization's core competency.

Solution: Our team analyzed and prioritized customer segments to create a growth trajectory, and identified critical business competencies such as business analytics, specialized sales, and process design to establish a new service line.

Outcome: The new service line was profitable in Year One and by Year Three, revenue and profit margins increased sixfold, resulting in some of the highest profit margins in the company.

Reach out for a consultation to strategy@growthinnovationstrategy.com.