Impact & Expertise

Innovation Impact Stories

Building Breakthrough Innovation Capabilities

Learn how BCG helped an industrial-equipment manufacturer increase growth by capitalizing on breakthrough innovation.

EquipmentCo is a multibillion-dollar capital-equipment manufacturer with the leading global-market share in its core business lines. This company has been very good at incremental innovation and has introduced many product innovations to the market.  Also, it has robust processes for all aspects of innovation required to sustain its position in the market. 

However, it had been struggling to develop truly “game-changing” or “new-to-the-world” innovations and bring them to market. Given its strong market share, EquipmentCo’s CEO was concerned that future growth might slow if the company failed to build its capability to generate breakthrough innovations— and capitalize on them once they were launched. 

BCG was asked to help develop and implement a holistic approach (including processes, organization and governance, tools, and capabilities) to creating breakthrough innovation and increasing growth.

Impact Stories

  • Improving R&D Performance in the Automotive Industry
  • See how BCG worked with a major automotive manufacturer to help bring about an R&D transformation.
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  • Creating a “Corporate University” for a Major Bank
  • Learn how BCG partnered with the CEO of a major European bank to develop the concept of a “corporate university.”
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  • Deep Consumer Insights for a Financial Institution
  • See how BCG used consumer research and a unique “branch lab” pilot to improve a financial institution’s product offering.
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Innovation Publications

  • New Realities for Consumer Goods and Retail in 2011
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