Innovation refers to an idea or invention that becomes a valuable good or service. While innovation is often an important step in the process of creating new products, it is also an important part of business growth. As an innovation consultant, you collaborate with businesses to develop a strategy and follow a plan for growth. As part of your duties, you help an organization take the lead and find out the needs and wants of their client base. As a consultant, your responsibilities include helping innovators take the initiative and put their ideas into action through methods like service design, lean start-up, and design thinking. As an innovation consultant, you act as a mentor or coach to various businesses and other organizations.