Growth Forge

Growth Forge is a cloud-based software as a service provided by BRI, LLC. According to the vendor, it is designed to assist innovation teams in formulating, modeling, and evaluating business strategies for the development of new concepts into fully-fledged businesses. This tool integrates project management, analytics, financial, and collaboration software, with a focus on managing innovation, strategy, and new business growth. The product is suitable for organizations of all sizes, from startups to large enterprises, and is utilized by professionals in various industries including innovation managers, new business development managers, intrapreneurs, entrepreneurs, research and development teams, and corporate strategy teams.

Key Features

Digital Strategy and Business Modeling: Build a digital model of your business strategy hypothesis, capturing choices, uncertainties, and potential value. Refine the model iteratively to improve accuracy and evaluate results against investment decision criteria.

Agile Methodology for Iterative Hypothesis Definition and Evaluation: Follow a consistent methodology for innovation, starting with simple assumptions and iteratively validating and refining hypotheses. Prioritize assumptions based on impact and uncertainty, and define experiments to remove uncertainty and risk.

Facilitation of Best Practices for Innovation and New Business Development: Configure software-based tools and facilitated processes to institutionalize best practices within your organization. Customize tool and methodology labels to align with your organization's terminology, ensuring consistent usage.

Project Management in the Context of a "Portfolio" Strategy: Monitor and manage one or more portfolios of new product or business innovation opportunities. Perform comparative analysis within a portfolio and aggregate analysis of the overall portfolio potential. Customize terminology and framework to support diverse business models and strategies.

Robust Financial and Risk Modeling and Analysis: Capture uncertainty with robust financial and risk modeling and analysis. Assess long-term potential, market sizing, competitive analysis, unit economics, and operational expenses. Evaluate the financial viability of the strategy hypothesis through cashflow forecasting and profitability analysis.

Clear Articulation of Strategy Options: Define complete value propositions, analyze the value network, conduct competitive analysis, and assess company fit. Ensure every opportunity has a clear and complete strategy to reduce the risk of missing critical assumptions. Articulate strategy options with clarity and consistency.

Customizable Methodology and Terminology: Customize tool and methodology labels to align with your organization's terminology. Define your own methodology and sequencing of tools to support your specific needs and processes. Negotiate options for custom branding, theming, and integration of custom tools.

Integrated Coaching, Help, and Resource Library: Access contextual help, terminology definitions, and a curated library of reference materials. Utilize integrated coaching and guidance to develop well-defined proposals and navigate the software effectively. Customize the resource library with additional courses or reference content.

Collaboration and Multi-User Support: Enable collaboration and real-time updates with multiple team members working on projects simultaneously. Utilize integrated messaging, threaded message systems, and task management for seamless team communication and coordination. Capture reminders and provide explanations with embedded notes.

User and Group-Based Permissions: Define granular access and permission control, allowing administrators to manage user and group-based permissions for projects and portfolios. Restrict access to sensitive information based on roles and responsibilities.