Idea Camp Idea Framework - Presentation Transcript
Idea Framework from thoughts to things January 17, 2009
4 Frameworks in 15 short minutes
Idea Validation
Platform Rules
Wicked Problems
People Focus
Ideas should …
Provide potential access to a wide variety of possibilities than only one
Make a significant contribution to the perceived customer benefits of the end product or service
Be difficult for competitors to imitate
Winning the future NEW UNEXPLOITED OPPORTUNITIES Source: Blue Ocean Strategy Needs Created Not Served The existing battleground for market share Needs Expressed Served
Eliminate / Reduce / Raise / Create Reduce Which factors should be reduced well below the industry’s standard? Eliminate Which of the factors that the industry takes for granted should be eliminated? Create Which factors should be created that the industry never offered? Raise Which factors should be raised well above the industry’s standard? Drop cost structure Lift buyer value A new value curve
Paanwala
Paanwala
What not to work on …
Why?
Ketchup Packets are poorly conceived
Frustrating to use
Why not?
Makes no financial sense
Product Platform
Set of subsystems and interfaces that form a common structure from which a stream of derivative products can be efficiently developed and produced.
Top innovations of all time —an arguable list
Weapons
Mathematics and the number zero
Money
Printing
Free markets and capital markets
Domesticated animals and agriculture
Property ownership
Limited liability
Participative democracy
Anesthetics and surgery
Vaccines and antibiotics
Semiconductors
The Internet
Genetic sequencing
Note: All of these are platforms… They transcend enterprises, industries, and political borders.
Business Model Innovation produit Gestion des relations-clients Gestion des infrastructures Aspects financiers Financial aspects HOW MUCH? What is the revenue model? the profit model? designed to last? WHO? How to manage relationships with customers, satisfy them and generate revenues to be on the winning side? Customer Relationship WHAT? What is the scope of products and services, its value (its benefits) for the customer, the capabilties to deliver them in an innovating way? Offering HOW? How to organize the infrastructure, its resources, the knowledge and the structure of resulting costs, manage the value chain and processes, build alliances to achieve performance? Infrastructure logistics Financial aspects HOW MUCH? What is the revenue model? the profit model? designed to last? Financial aspects HOW MUCH? What is the revenue model? the profit model? designed to last?
Wicked Problems
Each attempt to create a solution changes the understanding of the problem
Always occur in a social context
Most projects in organizations -- and virtually all technology-related projects these days -- are about wicked problems
Indeed, it is the social complexity of these problems , not their technical complexity, that overwhelms most current problem solving and project management approaches
Solution
Focus on People
"One most unfortunate product is the type of engineer who does not realize that in order to apply the fruits of science for the benefit of mankind, he must not only grasp the principles of science, but must also know the needs and aspirations, the possibilities and the frailties, of those whom he would serve." -- Vannevar Bush
Understand the People
How do people work?
task analysis, interviews, & observation
How do people think?
understand human cognition
observe users performing tasks
What does people need?
observe
Who are the people?
Not as obvious as you think:
those who interact directly with the product
those who manage direct users
those who receive output from the product
those who make the purchasing decision
those who use competitor’s products
Three categories of user (Eason, 1987):
primary: frequent hands-on
secondary: occasional or via someone else
tertiary: affected by its introduction, or will influence its purchase
Finally - Be T-Shaped
Depth in one area; breadth in many
The vertical leg of “T” describes principle skill
The horizontal leg of “T” describes ancillary skills
“ I” shaped people only understand their own function
“ T” shaped people understand the process they are part of and also their functional strengths
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