Vos's 5 innovation styles
The document describes 5 innovation styles of the Virtual Ocean Strategy: 1. Efficiency innovation occurs when each iteration accelerates at a higher speed than the previous iteration with fewer resources. 2. Elegant (sustaining) innovation occurs when each iteration accelerates more elegantly than the previous iteration with more features. 3. Effective (disruptive) innovation occurs when each iteration accelerates by creating or disrupting new market spaces and jobs within an industry. 4. Boundary-less purpose innovation occurs when each iteration accelerates by creating new markets and jobs across different industry boundaries. 5. Resource innovation occurs when each iteration accelerates greatly using a mix of physical and virtual resources like AI
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Vos's 5 innovation styles
- 1. SPACE Dimension 1 (Company) S1T1 S1T2 S1T3 The 5 innovation styles of Virtual Ocean Strategy(VOS) 1. When each VOS cycle iteration(S1T1, S1T2, S1T3), accelerates, at a higher speed, than previous iteration(with less resources),it is called efficiency innovation. 2. When each VOS cycle iteration, happens to accelerate, more elegantly than previous iteration(with more features, as shown by the thick cycles in the picture),it’s called elegant (sustaining) innovation. Fast Faster Fastest SPACE Dimension 2 (Company/Industry) S2T1 S2T2 S2T3 3. When each VOS cycle iteration, happen to accelerates, by creating/disrupting new market spaces(and so, new jobs as well) within an industry structure , it’s called effective(disruptive) innovation. SPACE dimension 3 (Across industry structure boundaries) IS1 IS2 IS3 VS1 VS3 VS5 VS4VS2 VS=Value station ( roughly equivalent to BSC perspectives) VS1 VS5 VS4VS2 VS3 4. When each VOS cycle iteration, accelerates, by creating new markets(and so jobs), by spanning across different industry structure causal/correlation boundaries, it’s called boundary-less purpose innovation. 5. When each VOS iteration cycle, accelerates astronomically, with creative fuel mix of, physical & virtual resources (AI/robotics/telemetry/nano tech etc), it is called resource innovation, as it makes VOS cycle, to accelerate so fast(T dim),by bouncing that much higher(S dim),with a value multiplier effect! VS1 VS5 VS4VS2 VS3 Value accelerating innovation, with a value addition mindset, by eliminating jobs, and so, not so good for the economy, from qualitative measures standpoint! Value accelerating innovation, with an additive mindset, creating new jobs, and so, good for the economy ! Value accelerating innovation, with a value multiplying mindset, creating new type of jobs, by democratizing the elite human capital across masses!