As part of YES’s ongoing commitment to English-language entrepreneurs, our organization has sought to better understand the innovation economy through consultation as well as the identification of tools, services, and resources that could enhance English-speaking SMEs’ abilities to identify and apply appropriate innovation models.

To this end, this report investigates the suitability of three leading innovation models, Design Thinking, Lean, and Agile Models, for use by English-speaking small and medium-sized enterprises through a structural analysis and comparison. This report also includes an assessment of GrowthWheel, a tool created to foster innovation in business development through decision making and 360 degree analysis.

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The goal of this research study was to enhance English-speaking SMEs abilities to identify and apply appropriate innovation models. A comprehensive research approach was used during this study, consisting of three inter-linked components.