Co-creation model digital business creation service

Solution

Digital technology-driven one-stop business creation from inspiration to perpetuation

Recent years have seen rapid change in the business environment driven by the development of digital technology and the birth of new business models. This has led many companies to investigate and execute on new business creation and business transformation schemes enabled by digital technology.
Despite this, over and over again, we see most companies set out on new business projects, but fail at the planning stage due to a lack of familiarity with methods for utilizing digital technology. There is also no end to cases where companies have the skills to take advantage of digital technology, but get stuck at the Proof of Concept (PoC) stage, and never manage to achieve commercialization.
It is against this backdrop that ABeam Consulting seeks to work side by side with clients to generate and perpetuate new businesses from both the “business” and digital angles, thus sustainably raising corporate value through the generation of new value and the sharpening of competitive edge.


Background

While interest in digital technology-enabled business creation and business transformation is rising, many companies are struggling with the high-level of associated difficulties

Digital technology-enabled business creation and business transformation has come to be seen as an important medium to long-term management challenge in recent years across all industries and sectors. As the spread of digital technology continues to accelerate, the importance of this challenge is expected to increase still further.
However, managers are faced with numerous challenges and hurdles in this respect, from deficiencies in approach to shortages of management resources (such as business ideas, digital personnel or budget). This is why the number of companies who have achieved genuine results remains limited.
According to a past ABeam survey, of the companies that considered launching new businesses, the proportion that actually launched said new businesses was only around 45%, while the proportion that turned a profit within a single year fell further to only around 20% of the total, showing what a challenge such an undertaking represents.
Behind this, a significant influence comes from the fact that, despite the need for high levels of expertise in both business and digital technology when generating new businesses, many companies are setting out on such undertakings lacking one or both of these.
That is why, to achieve success in business creation or business transformation, partnering with companies or personnel with both capabilities is essential to continuously raising corporate value.

Challenges

Companies need effective strategies and executive capacities to achieve success in high-difficulty business creation

Pitfalls

  1. Companies are unable to create businesses that generate value due to a lack of know-how around strategies and approaches to going from having a digital technology-enabled business idea to service development, launching the business, and expanding/perpetuating the business after entering the market
  2. Companies lack personnel who, in addition to specialist business knowledge and practical experience in business creation, can execute on projects with an adequate understanding of both service development and approaches to business expansion based on the key features unique to digital technology
  3. Companies execute on projects by dividing their approach to business creation between business teams and technology/development teams, leading projects to fail to go according to plan because of issues such as delays in decision making, inconsistencies in business concept and communication losses between teams

Approach

Consultants with high levels of expertise in both business and digital technology work side by side with clients on the basis of ABeam-exclusive methodologies. At ABeam Consulting, we also have the capacity to customize our methodologies and apply them on the ground in line with the business environments and goals of our clients. This allows us to deliver executable business creation outcomes more reliably and agilely, even under highly uncertain market conditions.

Key features

  • ABeam-exclusive methodologies for visualizing the overall state of digital technology-enabled business creation

    ABeam Consulting has exclusive methodologies for going from having a digital technology-enabled business idea to service development, launching the business, and expanding/perpetuating the business after entering the market. With these methodologies, clients can get an overall view of their activities and act having projected these into the future. This allows clients to get the maximum impact out of business creation with minimal expenditure of management resources.

  • One-stop, side-by-side support from new business idea inspiration to business creation and expansion

    Even amidst market conditions that have recently shown high uncertainty, ABeam Consulting has made business creation a more reliable endeavor through its one-stop, side-by-side support. Additionally, as our side-by-side model of support can make progress while being arranged in response to client business goals, it effectively contributes to sustainably increasing business value.

  • Support from consultants with high levels of expertise in both business and digital technology as part of business creation

    ABeam Consulting boasts consultants who possess high levels of expertise in both business and digital technology. This allows us to deliver strong executive capabilities across the high-difficulty challenges of business creation, service development and business expansion.

ABeam-exclusive methodologies for executing on everything from business idea inspiration through service development and business expansion

ABeam Consulting boasts exclusive methodologies related to digital technology-enabled business and value creation.
These methodologies represent the blending of a wide array of knowledge and insights, such as service design, Agile, product management and architecture principles.
We have even systematized this to the level of an executive process that considers in parallel the following key success factors in business/value creation and business expansion: “what are you selling,” “how are you selling it,” and “how are you going to put in place the organizations for selling?”
By making use of these methodologies, clients can visualize their activities as a whole and act having projected these into the future. As a result, what needs to be done at what point in time as part of the project is made clear, and clients can get the maximum impact out of limited management resources.
This is why ABeam can support clients throughout the entire process based on our methodologies, from having a digital technology-enabled business idea to service development, launching the business, and expanding/perpetuating the business after entering the market.

Maximizing business creation impact with minimal expenditure of management resources through not only ABeam methodologies, but also one-stop side-by-side model support

Side-by-side support is a model that is able to respond flexibly to change in the market or on the client end, while also ensuring consistency throughout the business concept, at the same time as reducing the need to go back and rework things down the line. It also increases the odds of success in the business creation process by allowing projects to move forward while responding to business goals and resourcefully arranging services.
ABeam’s ability to customize its own methodologies to clients and put this into practice on the ground increases the reproducibility of the business creation process, thus also making clients better able to perform independently in future.

Support from consultants with high levels of expertise in both business and digital technology

Implementing methodologies and performing business and value creation requires high levels of expertise across a wide variety of domains.
In specific terms, the types of expertise required can extend to discerning value provided by ascertaining the overall state of the business and market, testing value provided through a reactive approach based on Agile, product management that can anticipate the entire business lifecycle and architecture selection that takes into account flexibility and extensibility.
ABeam consultants combine all of these domains of expertise. In addition, they are able to execute on client vision by selecting and combining the right technologies, while striking a balance between the business and digital technology aspects of projects.
Possessing both such high levels of expertise across business and digital domains, as well as strong capabilities with various technologies, ABeam consultants are ready to sustainably support business and value creation by working side by side with clients.

Contact

Click here for inquiries and consultations