Half of S&P 500 companies will be replaced over the next ten years, according to Innosight’s 2018 corporate longevity report. In a world of uncertainty, all organizations must have the ability to adapt to two megatrends: globalization and digitalization. It is not just about high technology; there are many ways in which your company can keep delighting customers with new values. But how do you innovate while maintaining control over your operations?

Innovation is imperative for organizations’ survival, but many companies in Vietnam are still struggling to integrate it into their agenda. One of their toughest challenges today is not about what new technologies to adopt, but rather how to get real values from solving the real needs.

Leading with innovation requires specialized skills, methodologies, tools, and techniques. It is not easy to be consistent and innovative at the same time. The common problems for organizations might be:

  • Innovation is broad, so they don’t know where to start.
    They don’t have any interesting ideas to invest in.
  • They have some ideas, but these ideas don’t align with their corporate strategy.
  • They don’t know what they will benefit from these ideas.
  • They have some innovation projects, but they don’t know how to manage these projects
  • They don’t know how to scale innovations and make them continuously profitable.

The KPMG Digital Innovation team understands the real challenges that you are facing and will help co-create human-centric innovative solutions. We provide you with an end-to-end roadmap from innovation strategy to execution.

We can support you with 4 services in your innovation journey:

  1. Innovation Strategy
    We provide you with insights about your company’s future and a clear innovation strategy for your business. Thus, you get the rationale for engaging in profitable innovation activities.
  2. Innovation Management
    We help you build an innovation management system to guide initiatives and optimize your organization’s innovation portfolio.
  3. Product and Service Innovation
    We help you design, test, and develop innovative products and services.
  4. Crowdsourcing and Incubation
    We help you leverage early-stage innovation solutions from external sources to enrich your investment pools while minimizing risks.

Whom we have worked with:

Many organizations across the globe and in Vietnam trust us, including Riyadh Valley Company (RVC), AIA Vietnam, VCCI, Ministry of IT and Communication of Saudi Arabia, FWD Insurance, USAID, Cathay, KPMG Singapore, and the KPMG United States. We helped a variety of clients solve complex challenges and achieve great outcomes.

We have also collaborated with our KPMG global network in many countries: Saudi Arabia, the United States, Singapore, Australia, Hong Kong, India, and Belgium.

For more details, please go to our Innovation-as-a-Service website: KPMG & TMA (innovation.com.vn)

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