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Systematic Value Creation
Serdar Temiz,
www.serdartemiz.com
www.eitacademy.com
@serdar_temiz
The Opportunity Recognition Module - 2019
What did these companies have in
common when they first started?
They started out aiming for small
targets, solving specific problems
for a specific customer
3/19/2019 SERDAR TEMIZ 2
Idea Generation - Criteria
• Problem-Segment-Offering (PSO) model
3/19/2019 SERDAR TEMIZ 3
The
Problem/need
customers face
”Offering” –
a new value
proposition
An identified
market
Segment
What?
For
Who?
Why?
Needs
• Is there a new Value Proposition (satisfaction
of needs)
• Jobs to get done
• Problems to solve
• Feelings
• Does it enable customers to do something:
• New, or
• In a new context, or
• With improved customization, convenience or
cost
3/19/2019 SERDAR TEMIZ 4
Market Segments
• Who is the customer!?
• Who is not our customer!?
3/19/2019 SERDAR TEMIZ 5
OR
Offering
3/19/2019 SERDAR TEMIZ 6
• Right functions
• Right format (solution)
• Right revenue model
Systematic Inventive Thinking
3/19/2019 SERDAR TEMIZ 7
Source: Goldenberg, Horowitz, Leavy & Marurski, 2003, Finding Your Innovation Sweetspots
• Creativity is facilitated by
boundaries and structures
• A disciplined approach to idea
generation
Approaches to Product Ideas
• List the essential elements of your product
• Variation of product attributes (especially functions)
3/19/2019 SERDAR TEMIZ 8
- Subtraction: Remove a key element
- Multiplication: Copy a key element
- Division: Dividing a products into
components
- Task unification: assign new task to
existing element
- Attribute dependency change: create
new dependencies or break old ones up
Source: Goldenberg, Horowitz, Leavy & Marurski, 2003, Finding Your Innovation Sweetspots
Russian engineer
Genrich Altshuller
Division: Dividing a products into components
3/19/2019 SERDAR TEMIZ 9
Example Multiplication
3/19/2019 SERDAR TEMIZ 10
Example Multiplication
3/19/2019 SERDAR TEMIZ 11
Task unification: assign new task to existing element
3/19/2019 SERDAR TEMIZ 12
How Bedouins / Badawis use their camel?
Example Task Unification
3/19/2019 SERDAR TEMIZ 13
3/19/2019 SERDAR TEMIZ 14
Example Attribute dependency change
3/19/2019 SERDAR TEMIZ 15
Attribute dependency change: create
new dependencies or break old ones up
3/19/2019 SERDAR TEMIZ 16
Attribute dependency change: create
new dependency
3/19/2019 SERDAR TEMIZ 17
Attribute dependency change: create
new dependency- limited
3/19/2019 SERDAR TEMIZ 18
Prediction Game: What is the value of this
phone?
3/19/2019 SERDAR TEMIZ 19
Subtraction: Remove a key element
3/19/2019 SERDAR TEMIZ 20
SERDAR TEMIZ
Can we subtract more?
SERDAR TEMIZ
SERDAR TEMIZ
Is it enough ? Can we
subsract more?
SERDAR TEMIZ
SERDAR TEMIZ
SERDAR TEMIZ
SERDAR TEMIZ
SERDAR TEMIZ
What's Included:
•Air
•NoPhone Air retail packaging
What's Not Included:
•Texting Your Ex-Boyfriend or Ex-
Girlfriend
•Location Tracking
•Browsing History
•Data Overages
•Dead Batteries
•Phone
Warranty:
The NoPhone has no warranty and is not
intended to be used for anything.
SERDAR TEMIZ
SERDAR TEMIZ
Idea Generation - Criteria
• Problem-Segment-Offering (PSO) model
3/19/2019 SERDAR TEMIZ 31
The
Problem/need
customers face
”Offering” –
a new value
proposition
An identified
market
Segment
What?
For
Who?
Why?
Gap between a current
state and an (unspoken)
future state
The Product/ Service, the
price and a revenue
model
Identifiable, similar needs,
reachable and react in the
same way on marketing
activities
To think about....
3/19/2019 SERDAR TEMIZ 32
This training material is part of the FogGuru project that has received funding from the European Union’s
Horizon 2020 research and innovation programme under the Marie Skłodowska-Curie grant agreement
No 765452. The information and views set out in this material are those of the author(s) and do not
necessarily reflect the official opinion of the European Union. Neither the European Union institutions and
bodies nor any person acting on their behalf may be held responsible for the use which may be made of
the information contained therein.

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Systematic Value Creation

  • 1. Systematic Value Creation Serdar Temiz, www.serdartemiz.com www.eitacademy.com @serdar_temiz The Opportunity Recognition Module - 2019
  • 2. What did these companies have in common when they first started? They started out aiming for small targets, solving specific problems for a specific customer 3/19/2019 SERDAR TEMIZ 2
  • 3. Idea Generation - Criteria • Problem-Segment-Offering (PSO) model 3/19/2019 SERDAR TEMIZ 3 The Problem/need customers face ”Offering” – a new value proposition An identified market Segment What? For Who? Why?
  • 4. Needs • Is there a new Value Proposition (satisfaction of needs) • Jobs to get done • Problems to solve • Feelings • Does it enable customers to do something: • New, or • In a new context, or • With improved customization, convenience or cost 3/19/2019 SERDAR TEMIZ 4
  • 5. Market Segments • Who is the customer!? • Who is not our customer!? 3/19/2019 SERDAR TEMIZ 5 OR
  • 6. Offering 3/19/2019 SERDAR TEMIZ 6 • Right functions • Right format (solution) • Right revenue model
  • 7. Systematic Inventive Thinking 3/19/2019 SERDAR TEMIZ 7 Source: Goldenberg, Horowitz, Leavy & Marurski, 2003, Finding Your Innovation Sweetspots • Creativity is facilitated by boundaries and structures • A disciplined approach to idea generation
  • 8. Approaches to Product Ideas • List the essential elements of your product • Variation of product attributes (especially functions) 3/19/2019 SERDAR TEMIZ 8 - Subtraction: Remove a key element - Multiplication: Copy a key element - Division: Dividing a products into components - Task unification: assign new task to existing element - Attribute dependency change: create new dependencies or break old ones up Source: Goldenberg, Horowitz, Leavy & Marurski, 2003, Finding Your Innovation Sweetspots Russian engineer Genrich Altshuller
  • 9. Division: Dividing a products into components 3/19/2019 SERDAR TEMIZ 9
  • 12. Task unification: assign new task to existing element 3/19/2019 SERDAR TEMIZ 12
  • 13. How Bedouins / Badawis use their camel? Example Task Unification 3/19/2019 SERDAR TEMIZ 13
  • 15. Example Attribute dependency change 3/19/2019 SERDAR TEMIZ 15
  • 16. Attribute dependency change: create new dependencies or break old ones up 3/19/2019 SERDAR TEMIZ 16
  • 17. Attribute dependency change: create new dependency 3/19/2019 SERDAR TEMIZ 17
  • 18. Attribute dependency change: create new dependency- limited 3/19/2019 SERDAR TEMIZ 18
  • 19. Prediction Game: What is the value of this phone? 3/19/2019 SERDAR TEMIZ 19
  • 20. Subtraction: Remove a key element 3/19/2019 SERDAR TEMIZ 20
  • 22. Can we subtract more? SERDAR TEMIZ
  • 24. Is it enough ? Can we subsract more? SERDAR TEMIZ
  • 29. What's Included: •Air •NoPhone Air retail packaging What's Not Included: •Texting Your Ex-Boyfriend or Ex- Girlfriend •Location Tracking •Browsing History •Data Overages •Dead Batteries •Phone Warranty: The NoPhone has no warranty and is not intended to be used for anything. SERDAR TEMIZ
  • 31. Idea Generation - Criteria • Problem-Segment-Offering (PSO) model 3/19/2019 SERDAR TEMIZ 31 The Problem/need customers face ”Offering” – a new value proposition An identified market Segment What? For Who? Why? Gap between a current state and an (unspoken) future state The Product/ Service, the price and a revenue model Identifiable, similar needs, reachable and react in the same way on marketing activities
  • 32. To think about.... 3/19/2019 SERDAR TEMIZ 32
  • 33. This training material is part of the FogGuru project that has received funding from the European Union’s Horizon 2020 research and innovation programme under the Marie Skłodowska-Curie grant agreement No 765452. The information and views set out in this material are those of the author(s) and do not necessarily reflect the official opinion of the European Union. Neither the European Union institutions and bodies nor any person acting on their behalf may be held responsible for the use which may be made of the information contained therein.