organisational strategy for community energy: Yarra Energy Foundation
Case Study: Aligning strategy with a focus on community energy
Discover how Wave Consulting empowered the Yarra Energy Foundation (YEF), a non-profit organisation, to pioneer sustainable change and community-driven energy solutions by redeveloping their organisational strategy.
Organisational strategy development
Wurundjeri Woi Wurrung lands, Melbourne
Key facts
YEF is a not-for-profit organisation
Changing organisational and market demands needed a new strategy
The problem
Yarra Energy Foundation is a not-for-profit providing services and advice to homes and businesses that want better energy. To save money and save the planet.
In response to evolving organisational needs, changing funding landscapes, and dynamic market demands, Yarra Energy Foundation enlisted Wave Consulting Australia's expertise to overhaul their vision, mission, and strategy.
With a burgeoning focus on community battery technology and an expanding portfolio of energy projects, primarily funded by State Government grants, YEF acknowledged the necessity to redefine its strategic approach to remain pertinent and influential in the ever-shifting realm of community energy initiatives.
The solution
Three Horizons of Innovation model
The Three Horizons of Innovation model was recommended by Wave as the YEF strategy framework. This framework would address different market segments, products and services, varying levels of funding/market certainty, and different resourcing levels and funding models.
A suite of potential services that YEF could offer were also suggested including (but not limited to):
solar programs
all-electric efficient homes
smart-grids.
-
Graph showing the Three Horizons of Innovation model.
Horizon 1: extend and defend core business
Horizon 2: build emerging business
Horizon 3: create viable options
The outcome
Yarra Energy Foundation received an updated organisational strategy tailored to address their evolving needs, purpose, funding context, and market demand for its services.
Need a net zero solution?
Contact us to talk about how we can help.
Keep exploring
