Resources and Downloads

Parachute has published two important e-books - you can find out more about them here.

Understanding Innovation

At its simplest, innovation is about change; the successful exploitation of new concepts in products, processes, and practices that will change, for example, the effectiveness of a business or the dimensions of a market.

This, though, only considers innovation in a singular sense: the introduction of an idea.  It provides no light on how numerous ideas can be realised in a way that does not see the organisation in a constant state of disruption.

Business innovation is about having mechanisms for understanding the impact that an idea will have on an organisation, its competition, and its markets and being able to implement those ideas in an efficient and cost-effective way.  It also means having the environment to spawn, recognise, and develop ideas in the first place.

Parachute Consulting has a deep understanding of innovation processes and how to make an organisation more innovative, supported by a range of tools and techniques.

To provide more insight, we have produced ‘Understanding Innovation – A Parachute Consulting Guide.’

The starting point for this paper was a recognition that ‘innovation’ can sometimes be seen as a black art, something that only the lucky few are able to do.  Our aim is to show that not only is it possible for any organisation to be innovative it is very important that all organisations understand how to capitalise on the wealth of ideas that it generates.

Innovation is a term that gets used very regularly and often without a clear definition.  As the global and national economies struggle out of the current problems, it is a term that is likely to gain even more significance.

Being innovative is important.  As the economy starts to recover – with new ideas, products, services, offers appearing faster and in greater numbers – organisations need to be able to carve out opportunities for survival let alone growth.

The paper introduces new concepts and refreshes some existing thoughts.  Importantly, we offer a view as to how an organisation can become innovative and present models and tools for assessing innovativeness and improving the innovativeness of your organisation.

This e-book is written in the same practical style as our e-book on Knowledge Management and is available by clicking on the cover page image on the right.  You can also view a taster of the paper here.

Understanding Knowledge Management

Knowledge Management (KM for short) is a large subject and one that is often misunderstood and so not capitalised on by organisations.  Based on the importance of information – a component of knowledge – as mentioned in our Business – IT Alignment service, ensuring that your knowledge is managed, controlled, and exploited is essential for any organisation concerned with managing its costs.

Parachute Consulting have a range of tools and techniques that help to identify an organisation’s knowledge management needs.  We identify areas for improvement and focus on delivering measurable change that will reduce the cost of managing knowledge and information as well as presenting opportunities for further exploiting the knowledge that the organisation has.

One of our key resources is our e-book that demystifies KM, presents a toolkit to help others build their KM capability, and uses real-world examples to demonstrate the art of the possible.  Our aim has been to produce something that informs and educates, using case studies, examples, and anecdotes to support the major themes.  We demonstrate some of the benefits that a well designed KM strategy can deliver and how we approach the subject.

Because each organisation’s business and knowledge are different, each KM strategy will be different, but all could benefit from applying a consistent, repeatable, approach.  If you would like to find out more about the Parachute approach to KM and how we can help you to develop a successful KM strategy, we’d be more than happy to come and have a chat with you.  We hope that you find our e-book both interesting and encouraging – please get in touch and let us know: km@parachuteconsulting.co.uk

Click on the cover image on the left to access our e-book and click here for a taster.

Useful links to other Knowledge Management resources:

Nonaka, I & Konno, N. 1995. The concept of “Ba”. Building a foundation for knowledge creation. California Management Review.

Jones, R. 2002. Measuring the benefits of knowledge management at the FSA. Financial Services Authority.