Frequently Asked Questions
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Magellan Advisory offers a range of consulting services to corporations and venture capital funds seeking to maximize the value of their R&D functions.
R&D Assessment: A thorough evaluation of the R&D function, including its organizational structure, technologies, processes, governance, plans, and outcomes. The goal is to ensure that the R&D efforts are closely aligned with the overall business strategy and to maximize the value generated by R&D activities.
Strategic Planning and Portfolio Management: Developing and aligning functional and unit strategies with business goals and market trends to maximize the use of resources. Creating strategies that balances short term results with long term value creation.
Innovation Best Practices & New Product Development: Creating and implementing robust end-to-end innovation processes beginning with unmet consumer needs and market trends, identifying challenges to address, assessing risks and maximizing the potential for success. Define actionable KPIs throughout the innovation journey, from the initial stages of ideation to in-market performance.
Technology Scouting and Open Innovation: Identifying differentiating technologies to leverage core competencies and partnerships. Build technology roadmaps, assess technology risk and impact.
Design Thinking & Product Optimization: Optimizing product design via qualitative and quantitative methods such as product mapping, product guidance testing, drivers of liking and market testing.
Change Management & Organizational Design: Determining most effective organizational design to deliver the desired business outcome through effective use of resources and aligned objectives. Implemented complex organizational and cultural transformation in complex matrix global organizations
Culture & Team Building: Focus on fostering an environment of innovation, cohesion and inclusivity to enhance organizational well-being and team satisfaction. Developing training programs aimed at enhancing essential skills crucial for improving team performance.
At Magellan Advisory, we take a collaborative, pragmatic and hands-on approach to consulting, working closely with our clients to understand their unique needs and develop customized solutions. We bring a wealth of practical experience and believe that tailoring best practices to fit the various needs and cultures of organizations are key to achieving success. This approach has consistently proven its effectiveness over our extensive years of experience.
Magellan Advisory has experience working with clients in a range of industries, including Food & Beverage, Consumer Goods (FMCG) and Academic Institutions. Clients range from large multinational companies, to privately held smaller businesses to start-ups.
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