Innovative Solutions formed in the early 1990s. A service-based organization, it initially focused on the manufacturing sector, but gradually it broadened to include other sectors. Although its initial focus was to help manufacturers gain operational efficiencies, Innovative Solutions little by little extended its service offerings. While many of its solutions focused on the long-term viability of organizations by helping them transition to more sustainable business models using tools such as operational cost control, Innovative Solutions also provided crisis-intervention solutions for companies facing immediate, financial-distress issues such as declining revenues, reorganization, restructuring, bankruptcy, and bailouts.
Some of the Innovative Solution’s projects include: