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Challenge Innovation Strategies
Success of the Innovation Strategy is based
on the organisation ability to implement it!
By challenging the Innovation Strategy, we are able to provide insight in
     what way an organization can boost their New Business Development
     and Planning

                 Most organizations’ innovation strategy is aimed to increase/speed-up innovative growth in
                 which they want to achieve:
 Situation       • Maximalization of market growth
                 • Fully use of their IP and aim to develop new business models
                 • Gain profit outside their current business areas

                 Yet in formulating their innovation strategy, organizations are not aware of several aspects:
                 • New business strategy development & planning are missing: it is unclear which projects in
Complication
                    the portfolio are essential in order to reach the goals of the innovation strategy
                 • There is an unclear match of projects in the I-Portfolio with relevant trends


                 In what way can we provide systematic insights into the relation between specific trends,
Key Question     business impact, and innovation portfolio?




                 The organization’s I-Strategy will be challenged by:
                 • Innovation Radar Screen approach: identifying trends, likelihood (chance) and impact
                 • Strategic Scenario Thinking: estimate impact on business value, (potential) clients in
  Answer
                   different scenario’s, and identify match with organization’s capabilities
                 • Business Innovation Strategy Development & Planning: examine possible value
                   propositions and identify gaps/opportunities in I-Portfolio



                                                                                                                 2
This approach provides systematic insights into the relation
                       between specific trends, business impact, and innovation
                       portfolio...

                Scan                                    Focus                                           Act

                                                                                            Potential
                                         Business         Building          Scenario                              Innovation
     Trends             Likelihood                                                            Value
                                        Assessment       Scenario’s         Match?                                  projects
                                                                                           proposition

 From mega           The chance       What is the       Different      How big is the    Which new            Which projects
trends (10-15         whether a         Business     Scenario’s will   gap between          value             do we need to
   yrs) to a        trend is going     Impact if         lead to       each scenario     propositions           build the
   focus on        to occur or not   trends occur      significant         and the      do we need to          chosen new
    specific                             for the     better insights       current      survive these             value
   Industry                          organization?   and therefore      Strategy and      scenario ?          propositions?
     trends                           (scenario’s)      to better         Business
                                                       decisions!          Model?




                                                                                                                               3
... Which is outlined in the following conceptual model




                                            Impact
         Consumer                          Clients in                                      Conceptual Model
          Trends                            current
                                          Value Chain


                                                                               New Applications?
                                                                     Match
                                            Business                  with
Mega            Industrial   Likelihood                  Scenario                                   Fit with projects
                                            Impact                  current     New Products?
Trends            Trends     (% chance)                  Building                                    in I-Portfolio?
                                          Organization              Business
                                                                    Model?          New
                                                                               Business Model?


                                            Impact
         Technology
                                           Potential
           Trends
                                          New Clients




                                                                                                                    4
To provide insight to our clients regarding their new business
                   development and planning, we perform the following steps



                                                                 Develop insights
                                                                 in new business
                                                                 development &
                                                                     planning




                                                                                                                                  3. New
                                                                         2. Strategic
               1. Innovation                                                                                                     business
                                                                          Scenario
               Radar Screen                                                                                                    development
                                                                          Thinking
                                                                                                                                & planning



1.1 Identify         1.2       1.3 Impact of                                                                                            3.3 Identify
                                                                                                                      3.2 Analyze
 trends on       Determine       trends on                                                                                               gaps and
                                                                                                                     possible value
  relevant     likelihood of   organization’s                                                                                          opportunities
                                                                                                                      propositions
   levels          trends         business                                                                                             in I-Portfolio




                                                                                    2.3 Estimate     2.4 Examine
                                                    2.1
                                                                 2.2 Build           impact on       match with
                                                 Determine
                                                                scenario’s          organization    organization’s
                                                uncertainties
                                                                                    in scenario’s    capabilities




                                                                                                                                                    5
Koen Klokgieters| Capgemini NL             Daan Giesen | Capgemini NL
Vice President Business Innovation         Business Innovation Consultant
   Consulting
                                           daan.giesen@capgemini.com
Koen.klokgieters@capgemini.com
                                           M +31 6 27159293
www.koenklokgieters-english.blogspot.com
M: +31 (0) 6 27159293

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Challenge The Innovation Strategy

  • 1. Challenge Innovation Strategies Success of the Innovation Strategy is based on the organisation ability to implement it!
  • 2. By challenging the Innovation Strategy, we are able to provide insight in what way an organization can boost their New Business Development and Planning Most organizations’ innovation strategy is aimed to increase/speed-up innovative growth in which they want to achieve: Situation • Maximalization of market growth • Fully use of their IP and aim to develop new business models • Gain profit outside their current business areas Yet in formulating their innovation strategy, organizations are not aware of several aspects: • New business strategy development & planning are missing: it is unclear which projects in Complication the portfolio are essential in order to reach the goals of the innovation strategy • There is an unclear match of projects in the I-Portfolio with relevant trends In what way can we provide systematic insights into the relation between specific trends, Key Question business impact, and innovation portfolio? The organization’s I-Strategy will be challenged by: • Innovation Radar Screen approach: identifying trends, likelihood (chance) and impact • Strategic Scenario Thinking: estimate impact on business value, (potential) clients in Answer different scenario’s, and identify match with organization’s capabilities • Business Innovation Strategy Development & Planning: examine possible value propositions and identify gaps/opportunities in I-Portfolio 2
  • 3. This approach provides systematic insights into the relation between specific trends, business impact, and innovation portfolio... Scan Focus Act Potential Business Building Scenario Innovation Trends Likelihood Value Assessment Scenario’s Match? projects proposition From mega The chance What is the Different How big is the Which new Which projects trends (10-15 whether a Business Scenario’s will gap between value do we need to yrs) to a trend is going Impact if lead to each scenario propositions build the focus on to occur or not trends occur significant and the do we need to chosen new specific for the better insights current survive these value Industry organization? and therefore Strategy and scenario ? propositions? trends (scenario’s) to better Business decisions! Model? 3
  • 4. ... Which is outlined in the following conceptual model Impact Consumer Clients in Conceptual Model Trends current Value Chain New Applications? Match Business with Mega Industrial Likelihood Scenario Fit with projects Impact current New Products? Trends Trends (% chance) Building in I-Portfolio? Organization Business Model? New Business Model? Impact Technology Potential Trends New Clients 4
  • 5. To provide insight to our clients regarding their new business development and planning, we perform the following steps Develop insights in new business development & planning 3. New 2. Strategic 1. Innovation business Scenario Radar Screen development Thinking & planning 1.1 Identify 1.2 1.3 Impact of 3.3 Identify 3.2 Analyze trends on Determine trends on gaps and possible value relevant likelihood of organization’s opportunities propositions levels trends business in I-Portfolio 2.3 Estimate 2.4 Examine 2.1 2.2 Build impact on match with Determine scenario’s organization organization’s uncertainties in scenario’s capabilities 5
  • 6. Koen Klokgieters| Capgemini NL Daan Giesen | Capgemini NL Vice President Business Innovation Business Innovation Consultant Consulting daan.giesen@capgemini.com Koen.klokgieters@capgemini.com M +31 6 27159293 www.koenklokgieters-english.blogspot.com M: +31 (0) 6 27159293