Project Summaries

Product Development Summit

Product Development Summit

Project Details

Client:

A manufacturer of medical devices

Opportunity:

Conduct a 2-day Action Strategy Review for the CEO and company leadership to identify and prioritize future product development and acquisitions strategies

Approach:

Identify and agree upon company’s core competencies, financial drivers, and passion; map existing products and future product ideas compared to the core strategy, and decide upon actions and priorities

Results:

  • Re-prioritized, planned, and resourced multiple product extensions and new product development efforts
  • Client acquired two other companies in the next 18 months to obtain technologies identified in the session
  • Client was acquired 3 years later at 3x stock price
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