Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

World Innovation Convention Berlin 2017 Strategy Toolkit

109 views

Published on

Accelerating Transformation!

The printed Toolkit used during our WIC 2017 Workshop.

Published in: Business
  • Be the first to comment

  • Be the first to like this

World Innovation Convention Berlin 2017 Strategy Toolkit

  1. 1. ACCELERATING TRANSFORMATION How can innovation leaders shape and accelerate corporate transformation?
  2. 2. “Change is happening faster” “New business models are threating us” “We go through disruptive times” These phrases are often heard by executives and business leaders. Big companies are often struggling with deep innovation and transformation. This is no wonder. Most large companies today were built for a different era. They were built for assumed stability. They likely had very clear industry boundaries and definition of competitors. The tools they frequently use were developed in the 60’s and the 70’s Perhaps it’s time for an upgrade? For the last seven years, we’ve been developing Strategy Tools – a portfolio of FREE new strategy & innovation tools. These tools are built for a very different strategy logic. They are built for continuous reinvention, repeat transformation and building portfolios of business models. These tools are now in use with 100’s of companies around the world. You can download the tools at www.strategytools.io -- and start building future-fit strategies today. NEW STRATEGY TOOLS FOR DISRUPTIVE TIMES Best, Co-Founder, Strategy Tools Co-Founder, Partner, Engage // Innovate christian@engage-innovate.com
  3. 3. TRANSFORMATION TEST IMPLEMENTING A TRANSFORMATION PROGRÀM The Transformation Test should help the teams and management have strategic conversations and measure progress on the topics of innovation, business models and transformation. The Transformation Test is a tool to help implement a transformation program within your company.. The Goal of the Transformation Test is to find a way to measure and manage the company’s innovation and transformation capacity. The Transformation Test combines multiple innovation, strategy, business model and transformation perspectives into a single tool and a single metric. Scale (0-1-2-3-4-5) ------ 5 = highest 1. Innovation Structure Does the company have a good structure for innovation in place? Is there an innovation strategy? Di- rector for new business development and new ventures? Is there an innovation team? Does the team have the tools, training and internal position to make innovation happen? Does the company actively engage with outside sources and partners for Is someone (other than the CEO) responsible for making innovation happen? Tool: Innovation Proficiency Reference: The End Of Competitive Advantage (McGrath) (0 - 1 - 2 - 3 - 4 - 5) 2. Innovation Portfolio What is the strength of the current innovation portfolio today? Does the company have a strategy and tools in place to manage and measure an innovation portfolio? Does the company have a portfolio of “Core innovations”, “Adjacent innovations” and “Radical innovations”. Does the company actively invest in “radical innovations”? Tool: Strategic Innovation Canvas, Innovation Pyramid Reference: Managing Your Innovation Portfolio, Three Horizons (0 - 1 - 2 - 3 - 4 - 5) Transformation Test
  4. 4. 3. Innovation Pipeline Over the next 10 years, what is the strength of the innovation pipeline? Does the company have a deep understanding of “Industry shifts”? Does the company have a well-designed and executed process for developing innovation funnels and multiple strategies? Does the company work well with non-financial metrics? Tool: Innovation Funnels, Open Innovation Reference: Open Innovation (Chesterborough), Innovation Metrics (Christensen) (0 - 1 - 2 - 3 - 4 - 5) 4. Success with Business Model Innovation Historically, what kinds of success has the company had with previous business model innovations (planned or emerged)? Does the company’s top management have a shared language for business model innovation? Does the company understand the differences in “optimizing one business model” vs. “exploring multiple new business models”? Does the company have a well-defined structure for business model portfolio innovation? Can the company showcase one or several business model successes? Tool: Business Model Canvas, Three Levels of Business Models Reference: Business Model Generation (Osterwalder, Pigneur), Reinvent your business model (Christensen, et.al) (0 - 1 - 2 - 3 - 4 - 5) 5. Transformational Capacity How strong is the company’s overall capability for long-term strategic change and deep transformation? Combining innovation, strategy, business model, change management and leadership, how strong is the company’s ability for continuous change and transformation? Does the company have the Magic Formula M+S+M (Mandate + Structure + Money) for leading strategic transformation? Does the company have a deep understanding of “market-creating innovations”? How well does the company do on the tool “Transformation Architecture”? Tools: Transformation Architecture Reference: Strategic Tranformation (Hensmans, et.al) (0 - 1 - 2 - 3 - 4 - 5) Sum Transformation Test developed by Engage // Innovate co-founder Christian Rangen.
  5. 5. WE HELP YOU NAVIGATE INDUSTRY SHIFTS & UNCOVER NEW GROWTH OPPORTUNITIES Engage // Innovate gets your company ready for the future. We train people in new strategy & innovation tools. We create future-fit strategies. We grow new business ventures. We work with CEOs, strategy, innovation and new business development teams to build organizations for transformation. In the face of disruption, decline, or radical market shifts, we help you navigate complexity, develop new growth strategies, and implement the tools and structure to make the future happen. From the Netherlands to Germany, from Sweden to Brazil, and Malaysia to Dubai; our global perspective and experiences give us a unique vantage point to help you craft a different trajectory for the future. get strategy tools to build. Get the tools and the lenses to make sense of chaos. Use them to build and implement strategies in radical new growth areas. Access tools and methodologies that are proven with leading firms worldwide. 1,000s of people have been trained in our strategy tools for business model innovation, including Airbus, RB, BAE Systems, Lego etc. Our clients and partners include PwC, Cisco, DNV GL, Statoil, and more. get the support to grow.// We track the industries of the future to help identify market opportunities for you – today. We work closely with you to zoom in on market needs, develop strong innovation portfolios, design creative business models, test new revenue models, and grow entirely new value creation models for your next growth cycle. get the ecosystem to transform.// Tap into our deep experience in strategy and innovation, utilize our portfolio of strategy tools for business model innovation, and leverage our extensive global network of companies and experts for a transformation within your organization. // Strategy & Innovation Consulting Innovation Training Workshops New Growth Strategy 1:1 Strategy Coaching Executive Education Programs Blue Ocean Strategy OUR SERVICES
  6. 6. WANT TO BUILD. GROW. TRANSFORM? www.engage-innovate.com www.strategytools.io TALK TO US

×