If you are extending your product portfolio to adjacent markets or entering new markets or trying to scale your existing business Mount Hope can help. With deep and broad experience from R&D to Development, Operations and Go to Market, Mount Hope can help you to evaluate your options, including costs, risk, timing and likelihood of success. We will help you determine where to play, how to play and assess potential value.
We provide “technical operations” diligence support for private equity, venture capital and life science tools companies. The scope includes assessment of the state of technology development, the robustness of manufacturing processes and the likelihood of achieving cost targets.
The business plan must show how you will achieve your objectives. It must address time, investment and key assumptions. Decision points must be clearly indicated. Mount Hope can assist building a plan that gives your organization transparency around the journey with clear metrics to communicate effectively.
Product development is all about managing execution risk in a dynamic environment. It is important to understand the nature of the risks to manage from technology maturity, to skills to time and money. Technical and process leadership are critical. Communicating clearly about progress and risks is key to managing credibility with stakeholders. With experience in the product development of capital and consumables Mount Hope can help ensure that objectives are clear, the team is aligned, the metrics make sense and communication to stakeholders is effective.
Effective commercialization starts with segmentation and value proposition. It is critical to understand the customers problem in the segment your are targeting. The includes the cost of the problem and the barriers (risks/costs) in adopting the solution. You must also consider if you can get to the customer. Do you have an effective channel to sell the product? Do you have any equity with the customer segment? With direct experience in market development of new technologies to launching extensions to existing customers, Mount Hope can help build your commercialization plan.