CROFTi Innovation Consulting was built off the back of listening and learning from what our clients wanted and required. When we first started CROFTi, we kicked off with one of our first products, Offshoring. We ran this for 18 months and shutdown the product as clients weren’t ready to implement the requirements to allow for Offshoring to work.
What is offshoring. The reason we shutdown offshore consulting – http://blog.crofti.com.au/blog/2017/02/02/2016-in-review
As we setup offshoring services for clients we quickly realised that employing remote staff in the Philippines or anywhere else around the world, was only one cog in the wheel. People who implemented offshoring staff just thought you could send tasks overseas and expect them to come back perfectly fine. This is not the case. What we quickly learned was that “offshoring” failed within 3 months for many clients due to not having the following in place:
- Business Structure
- Delegating skills
So we formed CROFTi Innovation Consulting. Our vision is to bring businesses into the 21st century by spreading the power of innovation and modern technology and to enable a stress free, enjoyable and profitable future.
WHAT PEOPLE THINK INNOVATION IS
- ARTIFICIAL INTELLIGENCE
- AUGMENTED REALITY
- VIRTUAL REALITY
- 3D PRINTING
- AUTOMATION & ROBOTS
- CHAT BOTS
- VOICE ACTIVATED PERSONAL ASSISTANTS SUCH AS SIRI, CORTANA OR GOOGLE ASSISTANT
- FACIAL & EMOTIONAL RECOGNITION
- AUTOMATED DEVICES & VEHICLES
- SOLAR CITIES & SPACE SHIPS
WHAT INNOVATION ACTUALLY IS
Innovation generally refers to changing processes or creating more effective methods, products and ideas.
For businesses, this could mean implementing new ideas, creating dynamic products or improving your existing services. Innovation can be a catalyst for the growth and success of your business, and help you to adapt and grow in the marketplace. Being innovative does not only mean inventing. Innovation can mean changing your business model and adapting to changes in your environment to deliver better products or services. Successful innovation should be an in-built part of your business strategy, where you create a culture of innovation and lead the way in innovative thinking and creative problem solving. Innovation can increase the likelihood of your business succeeding. Businesses that innovate create more efficient work processes and have better productivity and performance.
We love working with all of these 6 elements within the business to ensure when change is made with the organisation, it’s a seamless transition across all departments. This will also ensure we are also innovating in all areas of the business.
- Product Development and Service Delivery
- People & Culture
WHAT IS INNOVATION CONSULTING
Everyone can innovate. Innovation means coming up with new ways of doing things. Bringing innovation into your business can help you save time and money, and give you a competitive advantage to grow and adapt your business in the marketplace.
CROFTi Innovation Consulting combines Innovation, business structure, systems and different thinking to enable the organisation (the client) to bring more efficiency, product to market fit, bring strength to their business model & become disruptors in their industry allowing them to scale.
We help Business Owners, Entrepreneurs, C Suite & Investors to advance to the next level, by effectively improving all aspects to their current business or come up with ways to add additional products, services or new business models including revenue streams to achieve the outcome of becoming a disruptor in their industry.
If you’re not taking advantage of emerging technologies, you can bet your competition is. To embrace change, you need to know that any adjustments you make to your day-to-day operations will be effortless and cost-effective. CROFTi Innovation Consulting offers expert solutions that are designed to help you:
- Work smarter
- Maximise efficiency
- Improve productivity
- Increase profitability
WHY DO CLIENTS USE USE
Old to New and Growing Pains are our two main ideal client Avatars (link to Avatar page). Clients engage with CROFTi to help bring the business into a modern standpoint and provide smarter and more efficient ways to run and expand the business for the long-term while understanding what the market requires from the new age of their industry. The need for their company to improve their business structure & systems has been identified as a critical enabling factor for them to achieve their desired goals. The platforms, systems and structure currently in place are lacking efficiency, quality and consistency for the business owners, c-suite and staff members as well as their customers. The lack of a digital and automated process is restricting revenue potential, opportunity to grow and therefore the profitability of the business into the future. Once the operational foundation is set and the internal process is improved, this will in turn allow the company to expand through a variety of options without the upset of losing clients or customer satisfaction.
Most businesses are using multiple systems for internal & external communications, document management and accounting which is mainly manual processes as the systems are not stand-alone or integrated. By systematizing and automating as many of the processes as possible including removing unnecessary manual and slow steps, it will reduce the amount of time the staff spends on these tasks, also reducing the frustration that comes with it, allowing for a smooth and seamless customer journey.
CROFTi will review the current systems to determine if they can be used as a solid starting point with options for improvements or if they are unsatisfactory and need to be replaced. At the completion of this, the client will be able to effectively and efficiently deliver their services to clients. The desired outcome of this project is to further automate and systematize the current processes and systems that the business currently has in use, or implement new systems through business process improvement and agile project management methodology. The short-term goal will be to obtain effective products through market research to replace or enhance the current systems while matching the functional requirements. The long-term goal is to improve all aspects of the business through research, development, implementation and provide ongoing support.
A half day or full day strategy sessions allow us to dive deep into the business translating the high level outcomes into a 6 to 12 month project plan. The initial project we kick off with is the Business Process Management project.
BUSINESS PROCESS MANAGEMENT
The BPM allows us to dig deep within your organisation, allowing us to find out where your business is at now (from the team members who are entrenched in the day to day) as this will allow us to achieve the desired outcome. What we find is speaking with team members from the business uncovers some great ideas which is a great starting point for innovation from the inside out.
The process we go through is as follows;
- Interview all key stakeholders and staff members
- Analyse the current business processes
- Document the business processes currently in place
- Create a process map for the staff and business functions
- Propose innovative systems for automation and digital efficiency
- Obtain verification from the client
- Propose innovative digitised processes for automation and digital efficiency
- Create a deliverable scope
- Investigate and evaluate existing products from the market for suitability
- Documentation of measurable outcomes for each of the project milestones
- Develop a business case or proposed plan for implementation of systems and automation
WHAT ARE THE 3 P'S IN INNOVATION?
The "right" people in your business makes you profitable, the wrong people don't.
Success on a large scale is all about the process! Perfect it!
Your product or service is building something to suit your customer
As we go through our business process management stage, various recommendations can arise and we recommend that any dealings with business structure are undertaken as a first priority. Sometimes we find individuals would be better suited to a different role in the organisation, other times it could be increased management oversight that is required. A common recommendation is a change in culture – which is no easy feat. As an organisation we don’t implement every recommendation we make, instead we work with trusted partners to ensure our clients get the best outcomes.
After researching and recommending systems, we manage the rollout of any systems and assist with the setup. Any system agreements required are made between you and the system vendor, with CROFTi injecting accountability and ensuring setup meets the organisational requirements, taking into consideration any other systems also being deployed.
At CROFTi we believe in automation, with one of our main goals always being integration between software and systems. We can handle the rollout of integration technologies, and when one doesn’t exist, we can scope and source tenders for the creation of an integration piece to ensure your systems are sharing information and working for you the best they can.
Education and Training
Any system CROFTi puts in place we will provide education and training – where this isn’t provided as part of your on-boarding with the vendor. Education and training can be provided in the forms of group training, train-the-trainer, one-on-one, written documentation, video tutorials or a combination of any of these.
THROUGHOUT THE PROJECT
MONTHLY STRATEGY SESSIONS
Each month we hold a business strategy session to ensure everything being undertaken in the project still relates correctly to your business. It also gives us a chance to ensure no urgent issues are popping up within your business in other areas while we are focusing on innovation. If there are other issues then we can provide advice and insights to assist you and navigate you through to the innovation endgame.
FORTNIGHTLY PROJECT MEETINGS
To keep everything on track we catch up with our clients for a project management meeting each fortnight. In this meeting we review what was meant to be undertaken by each party in the previous fortnight and look forward to how the project plan is rolling out, and what needs to be undertaken in the following fortnight to keep things moving.