Frost & Sullivan is embarking on a very ambitious journey as we commit ourselves the following 10 point vision and aspirational plan. Our time is short on this planet and the Frost Team has committed itself to making both our company and our careers more significant than ever.
Here is a 10 point plan that provides the navigation to our journey towards significance.
- Being Significant
We will be working with our investors, corporates, entrepreneurs and government leaders to ensure that all our projects are addressing at least one of the 7 global challenges we have targeted. Our aspiration is that all of our research, strategy and vision projects have a positive impact for both the client and the planet.
- Visionary Innovation: Our Journey
The achievement of visionary innovation is the pinnacle achievement of all great companies.It entails the development of products and services which are years ahead of the wave of disruption and collapse which virtually all companies are beginning to experience today. We want to support our clients in discovering how to achieve “transformational growth”.
- Convergence of Mega Trends, New Business Models and Disruptive Technologies
Convergence is accelerating change and greatly increasing risk to the incumbent industry players. This accelerating change is forcing the disruption and collapse of many industry economic models which means the only way to survive and thrive in the future is to invest in the Journey to Visionary Innovation. This journey provides the “transformational growth” which is needed to make the next generation of market leaders.
- Investing in the Future: A New Methodology and Skill Set
The vast majority of companies are totally focused on now, survival and the next quarter’s business results. This is why when industry models change virtually all these players fail to survive the inflection point and suffer from “innovators dilemma”. To avoid the collapse or the “Kodak Moment” executive management teams must “Invest in the Future”. Investing in the future is not easy and is not understood by executives today. It is a specific methodology with clear tactics employed with frequency. This is not a secondary priority and it cannot be delegated.
- Career Optimization: Relevancy through Best Practices
How do we optimize each career to ensure that all the time and energy committed to our company and our client companies are truly optimized. Today 87% of executives report that they do not feel their employer values, appreciates or shows gratitude for their contributions to the endeavor. We want to play a role in making sure that careers are positioned to produce great value in a changing global economy and that each career plays a vital role in the CEO’s Growth Team. Our Best Practices Research team identifies, analyzes and monitors the key career functions related to driving transformational growth.
- Experiential Learning: A Mega Trend we will integrate
Success for our clients means that Team Frost has made a positive impact on their company through change and effective implementation. Over the years we have seen that the clients that derive the most impact from our work are the ones that engage both of our teams in every step of the process. The benefits of collaboration, co-ownership and curation with Frost & Sullivan’s growth workshops optimizes the impact from experiential learning.
- Providing the Highest value to clients
The highest possible value we can deliver to our clients is Visionary Innovation. It is also the most difficult goal to achieve. It will take lots of time, creativity, teamwork, collaboration and investment in the future but, this is our aspiration. We want our clients to be Visionary Innovators. This is what we believe to be the highest possible value add for our clients.
- Implementation Excellence: We want to lead from the front
The #1 Challenge reported by CEOs in our last global CEO Growth Survey was the overwhelming need to implementation excellence. Many CEO’s report their team could not implement a visionary strategy even if they had one. This feeling of hopelessness from the leaders of our organizations is being addressed by our Growth Implementation Services team. We have seen first hand that the entire value of all of our work with clients is lost if we do not continue to partner with our clients through the implementation phase. We see it is a different skill set than research, vision and strategy and we are addressing it with a team totally focused on being best in class in implementation.
- We want to make a totally unique offering to the world: Our Blue Ocean Strategy
The Frost Team has no interest in being a “me too” player. We have invested more then 50 years to create a powerful, valuable and totally unique value proposition for our clients. Our unique methodology of the “Journey to Visionary Innovation” combined with our unique research and consulting assets position us in our own “Blue Ocean”.
- Leveraging the GIL Global Community Movement
The Frost Team believes that we have been gifted with a very unique and powerful opportunity to build a global community around Growth, Innovation and Leadership. We believe that we can harness the energy, capital, time and skill sets of this global community to leverage these assets to address global challenges. We have developed a GIL Global Community which has now attracted more than 1 million followers in over 150 countries. This community is called AGILE or the Association of Growth, Innovation and Leadership Executives.