Innovation Advisors

Phronesys LLC is a business advisory firm focused on helping our clients grow through strategic innovation.

Our approach emphasizes:

  • identifying and filling real customer needs;
  • efficiently prioritizing opportunities; and
  • defining strategies and processes that leverage your organizational strengths and the advantages of global collaboration networks.

Innovation can be a frustrating pursuit, and creating a sustainable and productive innovation effort is certainly not easy. Yet, if your organization is serious about improving your innovation process and results, we can help.

Take a look around our site to learn more.

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Navigating Opportunities

How can you navigate the increasingly complex and confusing landscape of innovation tools, methods and opportunities?

Our deep knowledge of innovation best practices, including expertise in new product development, branding, licensing and intellectual property optimization can help. Navigation starts with a clear definition of your destination and application of the right tools to plot your path.

To learn more, please contact us

The Phronesys® Approach

Our approach starts with two realities:

  1. Your present and future customers expect innovative offerings - products and services that provide enhanced value while addressing real customer problems and needs.

  2. At the same time, your organization needs to prioritize and optimize your innovation investments to assure your efforts payoff in the marketplace.

These two objectives blend together to define the need for what we call Practical Innovation™.

Practical Innovation™

Our Practical Innovation approach is a carefully crafted integration of these three dimensions:

  • A Grounded Innovation Strategy;
  • Efficient Innovation Processes; and
  • Strategic Management of Global Intellectual Property Rights.

This three-dimension approach reduces the uncertainty and confusion of innovation, optimizing resources and improving outcomes. Learn more about our services

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Our Definition of Innovation:

"Innovation is not just about offering something new - it is the dynamic interaction of leadership, culture, specialized resources and focused action to see customer problems from a new perspective and deliver new value to that customer."

- Mark B. Mondry, Phronesys

Facilitating Global Collaboration

The key to new value creation is innovation, and innovation requires collaboration. We help companies collaborate globally to achieve:

  • International customer needs analysis;
  • Technology partnering; and
  • Accelerated new product development.

Success demands an approach tailored to your unique objectives, resources and market realities. We can help.

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More than Ideas

More than just ideas, Phronesys offers proven tools, connections and insight to help you achieve your innovation goals.

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Innovation Nutrients

Learn more about feeding innovation in your organization. Review our innovation nutrients flashcards.