Strategic Innovation

In Pursuit of Innovation, 2 Things Make a Difference: Grit and Guts

innovation and creativity

There is a slightly misleading perception that the more a company makes extensive use of ICT technologies, the more it displays high value creation and innovation intensity. As a matter of fact, investments in ICT are not indicative of innovation.

Around 60% of businesses develop new products and services while less than 50% adopt new processes, and less than 20% of them develop their organization structures and commercial strategies.

To qualify as innovative, a company should demonstrate resourcefulness on at least six levels out of a more than a dozen criteria.

1– Buying experience2– Client service3– Product features
4– Technologies used5– Marketing strategy6– Product design
7– Business model8– Production processes9– Commercial partnerships
10– Channels of distribution11– Product performance12– Number of new products launched
13– Institutional success14– Infrastructure15– Business sophistication
16– Knowledge output17– Creative output18– Research and development

Multi-million Dollar Initiatives

Since 2007, market research done by The Seven Wise Men has provided our clients with enough proofs and evidence as well as expected benefits to launching many initiatives that became trends in their industries.

The Seven Wise Men has assisted its customers in pioneering and setting trends in a handful of industries. Pioneering enabled these companies to earn peer recognition, as well as consolidating their image, reputation and positioning and their eventual market valuations.

Visioning and planningProject value
New chain of plastic surgery centres [Confidential]USD +60 Million
Eversheen cosmetics and chain of storesUSD 3.9 Million
Type of New Trend SetCompany Name
Repositioning of anchor stores and shopping malls – 2008Safeer Hypermarkets/Malls
Creation of new clothing chain of storesIconic department stores – 2009
Online commerce for kitchenware and utensils – 2007OXO
Visioning and planningProject value
Waterfront tourist destination in Sharjah – 2010AED 105 Million
Integrated theme park [Confidential] – 2018td>USD ++250 Million
Montreal Municipality, Quebec City, Canada – 2014USD 2.2 Million
Type of New Trend SetCompany Name
Outdoor gyms and hot yoga – 2010Fitness 4 Life
Waterfront camping site – 2006Dreamland Aqua Park

1 Notion to Clarify

To qualify as innovative, a company should demonstrate resourcefulness on at least six levels out of more than a dozen criteria found below.

innovation strategy

Current Investment Opportunities

The Seven Wise Men banks on decades of know-how to identify market gaps and expansion opportunities. We then proceed to develop genuinely unique ideas to capture and monetize them.

The Seven Wise Men’s team is expert on creating and exporting strong B2B and B2C brands, and already has at hand pre-feasibility studies for projects in a number of sectors:

– New type of destination theme parks– Launch a new group that designs, builds and operates theme parks around the world
– Mental healthcare app– Rehabilitation centers
– Dates– Canned fruits
– Athlesiure ware– Outdoor ware
– Masterpieces of building materials (sanitary, tiles, kitchens and so on)
– A new freight and shipping brand

Top Priorities in Innovative Thinking

When we take on a new project, these matters are on top of our mind:

Strategic Innovation 1
  • What is the risk profile that shareholders are looking for?
  • What are the existing business models and what are they overlooking?
  • How will the company create, deliver and capture value?
  • Is there a clear path to sustain long-term growth, and are there any advantages that competitors can’t copy?
  • Can we convince clients to pay price premiums? What might be the obstacles to achieving that?
  • How efficient would the go-to-market strategy and messaging be?
  • How do we engage with buyers at every step of the buying journey?

How To Innovate With Certainty

interim management

Over two decades, The Seven Wise Men has assisted more than 105 clients in the UAE, Canada and Lebanon to practically implement innovative business practices in the workplaces. Over this long period of time, we have identified a few traits that are common to this diversity of innovative workplaces. These are traits we embedded into our business model.

Our team of management consultants in Dubai will demonstrate how to put innovation into actual practice on operational and strategic levels with great success.

Recognition

proven award-winners

An international award, media appearances, and proofs back our commitment to deliver expected results, on-time.

We created our own strong brand to prove our set of skills. If a business consultant cannot clearly develop its own strong company; would it do a better job in handling other peoples’ businesses?