SlideShare a Scribd company logo
1 of 30
Download to read offline
ALIGNING PHASE
ALIGNING PHASE




Aligning with senior mgt       Identifying the company’s
on the proposed strategic          strategic frontiers
 frontiers to be explored
Vs.           New corporate
                                     strategy


Benefits of having a clearly defined corporate strategy
1. Current corporate
       strategy
                                Vs.                  New corporate
                                                       strategy
 Initiatives business opportunities beyond current corporate
             strategy
          the execution of current strategy will not provide
          the growth
          outside current corporate st. Outside preview of          Why
          senior mgt, outside the comfort zone of the
          organization
                                                             When

                                                                          Where
1. Current
corporate strategy
                         Vs.      New corporate
                                    strategy
      company’s attitudes
       towards strategic
   innovation (encourage vs.
     prefer shorter tether)    creative tension
                                 importance
Entrepreneur’s Workshop   Powered By SIFE   Session 3
   We Assume the FUTURE Based on




                    Powered By SIFE   Session 3
Plumbing
          Fixture
          Faucet




          Moan
Style               Quality
        Situation




         Market
          Place
   What is next for
    your company?
    “more of the same”
3.1 Beyond incrementalism
   A strategic frontier
   is that unexplored
   are of potential
   growth that lies
   between today’s
   business and
   tomorrows
   opportunities
   Mississippi
                  expedition

                 your business’s
                  ( TERRA
                  INCOGNITA)




Entrepreneur’s Workshop             Powered By SIFE   Session 3
Product
                 category




Manufacturing    Valuable       Target
  process        Frontiers     Audience




                Distribution
                 Channel
New
          Platform




          P&G 3
          level

  New                 New
Product              Project
New
          Platfor
             m



          P&G
            3
          level
  New                New
Product             Project
•Product                           •Franchising                    •A.I




                                                                       Market Place
Company Specific




                                    Company Generic
                   •P. Catagory                       •Mass                           •Biotechnology
                   •Distribution                       customization                  •Genomics
                    channels                          •Out sourcing                   •Internet
                   •Manufacturing                     •Partnership                    •Nanotechnology
                    process                           •Patent                         •Smart materials
                   •Technology                         exploration                    •Wireless
                                                      •service                         communication
                                                                                      •automation
The cash cow running dry before
      the bet’s are ready
Entrepreneur’s Workshop   Powered By SIFE   Session 3
If the senior mangers
communicate with the
discovery team the Process
will Be
5.1 INTERNAL SOURCES:
  1. Management interviews “perceptions”

   Listen behind the words and the response
   of the managers, also take care that not all
   managers will accept the concept of future
   opportunities
5.1 INTERNAL SOURCES:

  2. Company vision and mission statement

       Mission statement
       resample the vision of the
       company
5.1 INTERNAL SOURCES:
 3. Corporate drawing boards “R&D”

      New Product Development
      New Marketing
      New Product Idea
5.1 INTERNAL SOURCES:
4. Redefine business “Business hierarchy”
Chris Zook’s business
definition:
It accurately is a way of
creating a logical hierarchy of
territories in and around your
core business that help you
target wise investment
5.1 INTERNAL SOURCES:
  5. Intranet
      Ask Employees about their ideas to gain
5.2 EXTERNAL SOURCES:



 Reflect company Myopia “NO FUTURE”.
                    Vs.
5.2 EXTERNAL SOURCES:
  1. Trend research


      Trends in various
      culture or society,
      life style, or
      demographic
5.2 EXTERNAL SOURCES:
   2. Technology research
• Internet
• Suppliers
                        Promising need
• Vendors
                                         • Knowledge
• Other             • Technology         • Insights
  Companies
                    • Alliances
• Scientific
                    • Partners
  laboratories                                  Benefits


     Scout team
5.2 EXTERNAL SOURCES:
  3. Business Model research
5.3 PRIORITIZE THE STRATEGIC FRONTIERS



                                             Consistency
                Degree of      Fit Current
 Size                                         with today
               innovation       strategy
                                               business

More Related Content

What's hot

New product development
New product developmentNew product development
New product developmentAjay Khot
 
New product innovation ppt
New  product innovation ppt New  product innovation ppt
New product innovation ppt Babasab Patil
 
Product launches ppt @ bec doms mba bagalkot 2009
Product launches ppt @ bec doms mba bagalkot 2009Product launches ppt @ bec doms mba bagalkot 2009
Product launches ppt @ bec doms mba bagalkot 2009Babasab Patil
 
NEC/NTC Education Series: How to Launch Your Product
NEC/NTC Education Series: How to Launch Your ProductNEC/NTC Education Series: How to Launch Your Product
NEC/NTC Education Series: How to Launch Your ProductNashville Technology Council
 
Product Innovation & Management
Product Innovation & ManagementProduct Innovation & Management
Product Innovation & ManagementKevin Chetty
 
New Product Development Tools and Techniques Survey
New Product Development Tools and Techniques SurveyNew Product Development Tools and Techniques Survey
New Product Development Tools and Techniques SurveyDayu Tony Jin
 
Innovation measurement at firm level? Is there a formula?
Innovation measurement at firm level? Is there a formula?Innovation measurement at firm level? Is there a formula?
Innovation measurement at firm level? Is there a formula?Yash Saxena
 
Leardon Solutions Product Development and Commercialization Lifecycle
Leardon Solutions Product Development and Commercialization LifecycleLeardon Solutions Product Development and Commercialization Lifecycle
Leardon Solutions Product Development and Commercialization Lifecycleleardonsolutions
 
Glenn Reiser Highlights
Glenn Reiser HighlightsGlenn Reiser Highlights
Glenn Reiser HighlightsGlenn Reiser
 
Lessons from failed products
Lessons from failed productsLessons from failed products
Lessons from failed productsNikhil Shirsat
 
What is your product's social strategy?
What is your product's social strategy?What is your product's social strategy?
What is your product's social strategy?Jon Gatrell
 
Product planning & development
Product planning & developmentProduct planning & development
Product planning & developmentSoma Giri
 
New product development strategy style 4 powerpoint presentation templates
New product development strategy style 4 powerpoint presentation templatesNew product development strategy style 4 powerpoint presentation templates
New product development strategy style 4 powerpoint presentation templatesSlideTeam.net
 
New product developement
New product developementNew product developement
New product developementMadiha Ahmed
 
Pbi consultancy services aug 2012
Pbi consultancy services aug 2012Pbi consultancy services aug 2012
Pbi consultancy services aug 2012MichaelMcNamara
 
Product innovation presentation by archit
Product innovation presentation by architProduct innovation presentation by archit
Product innovation presentation by architArchit Sharma
 
Product Portfolio Planning And Analysis PowerPoint Presentation Slides
Product Portfolio Planning And Analysis PowerPoint Presentation SlidesProduct Portfolio Planning And Analysis PowerPoint Presentation Slides
Product Portfolio Planning And Analysis PowerPoint Presentation SlidesSlideTeam
 
Pbi Consultancy Services Aug 2012
Pbi Consultancy Services Aug 2012Pbi Consultancy Services Aug 2012
Pbi Consultancy Services Aug 2012MichaelMcNamara
 

What's hot (19)

New product development
New product developmentNew product development
New product development
 
New product innovation ppt
New  product innovation ppt New  product innovation ppt
New product innovation ppt
 
Product launches ppt @ bec doms mba bagalkot 2009
Product launches ppt @ bec doms mba bagalkot 2009Product launches ppt @ bec doms mba bagalkot 2009
Product launches ppt @ bec doms mba bagalkot 2009
 
NEC/NTC Education Series: How to Launch Your Product
NEC/NTC Education Series: How to Launch Your ProductNEC/NTC Education Series: How to Launch Your Product
NEC/NTC Education Series: How to Launch Your Product
 
Product Innovation & Management
Product Innovation & ManagementProduct Innovation & Management
Product Innovation & Management
 
New Product Development Tools and Techniques Survey
New Product Development Tools and Techniques SurveyNew Product Development Tools and Techniques Survey
New Product Development Tools and Techniques Survey
 
Innovation measurement at firm level? Is there a formula?
Innovation measurement at firm level? Is there a formula?Innovation measurement at firm level? Is there a formula?
Innovation measurement at firm level? Is there a formula?
 
Leardon Solutions Product Development and Commercialization Lifecycle
Leardon Solutions Product Development and Commercialization LifecycleLeardon Solutions Product Development and Commercialization Lifecycle
Leardon Solutions Product Development and Commercialization Lifecycle
 
Glenn Reiser Highlights
Glenn Reiser HighlightsGlenn Reiser Highlights
Glenn Reiser Highlights
 
Lessons from failed products
Lessons from failed productsLessons from failed products
Lessons from failed products
 
What is your product's social strategy?
What is your product's social strategy?What is your product's social strategy?
What is your product's social strategy?
 
Product planning & development
Product planning & developmentProduct planning & development
Product planning & development
 
New product development strategy style 4 powerpoint presentation templates
New product development strategy style 4 powerpoint presentation templatesNew product development strategy style 4 powerpoint presentation templates
New product development strategy style 4 powerpoint presentation templates
 
Innovation Strategy
Innovation StrategyInnovation Strategy
Innovation Strategy
 
New product developement
New product developementNew product developement
New product developement
 
Pbi consultancy services aug 2012
Pbi consultancy services aug 2012Pbi consultancy services aug 2012
Pbi consultancy services aug 2012
 
Product innovation presentation by archit
Product innovation presentation by architProduct innovation presentation by archit
Product innovation presentation by archit
 
Product Portfolio Planning And Analysis PowerPoint Presentation Slides
Product Portfolio Planning And Analysis PowerPoint Presentation SlidesProduct Portfolio Planning And Analysis PowerPoint Presentation Slides
Product Portfolio Planning And Analysis PowerPoint Presentation Slides
 
Pbi Consultancy Services Aug 2012
Pbi Consultancy Services Aug 2012Pbi Consultancy Services Aug 2012
Pbi Consultancy Services Aug 2012
 

Viewers also liked

Corporate entrepreneurship
Corporate entrepreneurshipCorporate entrepreneurship
Corporate entrepreneurshipUtsav Patodia
 
Corporate entrepreneurship
Corporate entrepreneurshipCorporate entrepreneurship
Corporate entrepreneurshipJorge Saguinsin
 
entrepreneur vs intrapreneur
entrepreneur vs intrapreneurentrepreneur vs intrapreneur
entrepreneur vs intrapreneurAnuj Tiwari
 
The Concept of Corporate Entrepreneurship - Intrapreneurship
The Concept of Corporate Entrepreneurship - IntrapreneurshipThe Concept of Corporate Entrepreneurship - Intrapreneurship
The Concept of Corporate Entrepreneurship - IntrapreneurshipGaurav Singh Bisen
 
The Intrapreneur vs the Organisation
The Intrapreneur vs the OrganisationThe Intrapreneur vs the Organisation
The Intrapreneur vs the OrganisationBusiness Models Inc.
 

Viewers also liked (8)

Corporate entrepreneurship
Corporate entrepreneurshipCorporate entrepreneurship
Corporate entrepreneurship
 
Corporate entrepreneurship
Corporate entrepreneurshipCorporate entrepreneurship
Corporate entrepreneurship
 
Corporate Entrepreneurship: How?
Corporate Entrepreneurship: How?Corporate Entrepreneurship: How?
Corporate Entrepreneurship: How?
 
Who is an Intrapreneur?
Who is an Intrapreneur?Who is an Intrapreneur?
Who is an Intrapreneur?
 
entrepreneur vs intrapreneur
entrepreneur vs intrapreneurentrepreneur vs intrapreneur
entrepreneur vs intrapreneur
 
The Concept of Corporate Entrepreneurship - Intrapreneurship
The Concept of Corporate Entrepreneurship - IntrapreneurshipThe Concept of Corporate Entrepreneurship - Intrapreneurship
The Concept of Corporate Entrepreneurship - Intrapreneurship
 
The Intrapreneur vs the Organisation
The Intrapreneur vs the OrganisationThe Intrapreneur vs the Organisation
The Intrapreneur vs the Organisation
 
Corporate entrepreneurship
Corporate entrepreneurshipCorporate entrepreneurship
Corporate entrepreneurship
 

Similar to Aligning with senior management on strategic frontiers

Pardot Elevate 2012 - Your Marketing Automation Makeover: Maximizing Pardot V...
Pardot Elevate 2012 - Your Marketing Automation Makeover: Maximizing Pardot V...Pardot Elevate 2012 - Your Marketing Automation Makeover: Maximizing Pardot V...
Pardot Elevate 2012 - Your Marketing Automation Makeover: Maximizing Pardot V...Pardot
 
FITT Toolbox: Marketing
FITT Toolbox: MarketingFITT Toolbox: Marketing
FITT Toolbox: MarketingFITT
 
FITT Toolbox: Marketing
FITT Toolbox: MarketingFITT Toolbox: Marketing
FITT Toolbox: MarketingFITT
 
Jijesoft Your Strategic Partner
Jijesoft   Your Strategic PartnerJijesoft   Your Strategic Partner
Jijesoft Your Strategic PartnerJijesoft
 
Software Exec Summit Social Business Deck 72011
Software Exec Summit Social Business Deck 72011Software Exec Summit Social Business Deck 72011
Software Exec Summit Social Business Deck 72011pchandor
 
Sustaining market through supply chain
Sustaining market through supply chainSustaining market through supply chain
Sustaining market through supply chainMuljati Muli
 
Suvi Nenonen 24.11.2011: Tuotantolähtöisyydestä uusien markkinamahdollisuuksi...
Suvi Nenonen 24.11.2011: Tuotantolähtöisyydestä uusien markkinamahdollisuuksi...Suvi Nenonen 24.11.2011: Tuotantolähtöisyydestä uusien markkinamahdollisuuksi...
Suvi Nenonen 24.11.2011: Tuotantolähtöisyydestä uusien markkinamahdollisuuksi...Sitra Maamerkit
 
Formulating Your E-commerce Marketing Strategy
Formulating Your E-commerce Marketing StrategyFormulating Your E-commerce Marketing Strategy
Formulating Your E-commerce Marketing StrategySavaş Şakar
 
Best Practices In Collaborative Innovation: How CPG Manufacturers & Retailers...
Best Practices In Collaborative Innovation: How CPG Manufacturers & Retailers...Best Practices In Collaborative Innovation: How CPG Manufacturers & Retailers...
Best Practices In Collaborative Innovation: How CPG Manufacturers & Retailers...Jenna Dudevoir
 
Writing a Killer Marketing Plan
Writing a Killer Marketing PlanWriting a Killer Marketing Plan
Writing a Killer Marketing PlanSVPMA
 
White paper -satyam_industrial_practice (3)
White paper -satyam_industrial_practice (3)White paper -satyam_industrial_practice (3)
White paper -satyam_industrial_practice (3)Ramprasad Srivats
 
SM 169A High-Performance Market Research Functions Report Summary
SM 169A High-Performance Market Research Functions Report SummarySM 169A High-Performance Market Research Functions Report Summary
SM 169A High-Performance Market Research Functions Report SummaryMarty Daniel with ThunderActive
 
Critical 5 to succeed as agile product manager using scrum
Critical 5 to succeed as agile product manager using scrumCritical 5 to succeed as agile product manager using scrum
Critical 5 to succeed as agile product manager using scrumBimlesh Gundurao
 
Simple Small Business Strategic Planning Tool
Simple Small Business Strategic Planning ToolSimple Small Business Strategic Planning Tool
Simple Small Business Strategic Planning ToolB2BPlanner Ltd.
 
Agile Product Management with Scrum
Agile Product Management with ScrumAgile Product Management with Scrum
Agile Product Management with ScrumPinkesh Shah
 

Similar to Aligning with senior management on strategic frontiers (20)

RFCD 2011: Beverly Morgan: Cluster Development in the Caribbean Key Supportin...
RFCD 2011: Beverly Morgan: Cluster Development in the Caribbean Key Supportin...RFCD 2011: Beverly Morgan: Cluster Development in the Caribbean Key Supportin...
RFCD 2011: Beverly Morgan: Cluster Development in the Caribbean Key Supportin...
 
RFCD 2011: Dr. Beverly Morgan: Cluster Development in the Caribbean 1
RFCD 2011: Dr. Beverly Morgan: Cluster Development in the Caribbean 1RFCD 2011: Dr. Beverly Morgan: Cluster Development in the Caribbean 1
RFCD 2011: Dr. Beverly Morgan: Cluster Development in the Caribbean 1
 
Breakthrough To Fast Growth
Breakthrough To Fast GrowthBreakthrough To Fast Growth
Breakthrough To Fast Growth
 
Pardot Elevate 2012 - Your Marketing Automation Makeover: Maximizing Pardot V...
Pardot Elevate 2012 - Your Marketing Automation Makeover: Maximizing Pardot V...Pardot Elevate 2012 - Your Marketing Automation Makeover: Maximizing Pardot V...
Pardot Elevate 2012 - Your Marketing Automation Makeover: Maximizing Pardot V...
 
FITT Toolbox: Marketing
FITT Toolbox: MarketingFITT Toolbox: Marketing
FITT Toolbox: Marketing
 
FITT Toolbox: Marketing
FITT Toolbox: MarketingFITT Toolbox: Marketing
FITT Toolbox: Marketing
 
Jijesoft Your Strategic Partner
Jijesoft   Your Strategic PartnerJijesoft   Your Strategic Partner
Jijesoft Your Strategic Partner
 
Software Exec Summit Social Business Deck 72011
Software Exec Summit Social Business Deck 72011Software Exec Summit Social Business Deck 72011
Software Exec Summit Social Business Deck 72011
 
Sustaining market through supply chain
Sustaining market through supply chainSustaining market through supply chain
Sustaining market through supply chain
 
Suvi Nenonen 24.11.2011: Tuotantolähtöisyydestä uusien markkinamahdollisuuksi...
Suvi Nenonen 24.11.2011: Tuotantolähtöisyydestä uusien markkinamahdollisuuksi...Suvi Nenonen 24.11.2011: Tuotantolähtöisyydestä uusien markkinamahdollisuuksi...
Suvi Nenonen 24.11.2011: Tuotantolähtöisyydestä uusien markkinamahdollisuuksi...
 
Product planning
Product planningProduct planning
Product planning
 
041310 class 12 and 13
041310 class 12 and 13041310 class 12 and 13
041310 class 12 and 13
 
Formulating Your E-commerce Marketing Strategy
Formulating Your E-commerce Marketing StrategyFormulating Your E-commerce Marketing Strategy
Formulating Your E-commerce Marketing Strategy
 
Best Practices In Collaborative Innovation: How CPG Manufacturers & Retailers...
Best Practices In Collaborative Innovation: How CPG Manufacturers & Retailers...Best Practices In Collaborative Innovation: How CPG Manufacturers & Retailers...
Best Practices In Collaborative Innovation: How CPG Manufacturers & Retailers...
 
Writing a Killer Marketing Plan
Writing a Killer Marketing PlanWriting a Killer Marketing Plan
Writing a Killer Marketing Plan
 
White paper -satyam_industrial_practice (3)
White paper -satyam_industrial_practice (3)White paper -satyam_industrial_practice (3)
White paper -satyam_industrial_practice (3)
 
SM 169A High-Performance Market Research Functions Report Summary
SM 169A High-Performance Market Research Functions Report SummarySM 169A High-Performance Market Research Functions Report Summary
SM 169A High-Performance Market Research Functions Report Summary
 
Critical 5 to succeed as agile product manager using scrum
Critical 5 to succeed as agile product manager using scrumCritical 5 to succeed as agile product manager using scrum
Critical 5 to succeed as agile product manager using scrum
 
Simple Small Business Strategic Planning Tool
Simple Small Business Strategic Planning ToolSimple Small Business Strategic Planning Tool
Simple Small Business Strategic Planning Tool
 
Agile Product Management with Scrum
Agile Product Management with ScrumAgile Product Management with Scrum
Agile Product Management with Scrum
 

More from Hazem Sobhi | ACIM

Business plan sample - uncomplete
Business plan   sample - uncompleteBusiness plan   sample - uncomplete
Business plan sample - uncompleteHazem Sobhi | ACIM
 
04 enterprenuer hazem - power of strategic innovation - creative stage
04 enterprenuer   hazem - power of strategic innovation - creative stage04 enterprenuer   hazem - power of strategic innovation - creative stage
04 enterprenuer hazem - power of strategic innovation - creative stageHazem Sobhi | ACIM
 
05 enterprenuer hazem - power of strategic innovation - mapping phase
05 enterprenuer   hazem - power of strategic innovation - mapping phase05 enterprenuer   hazem - power of strategic innovation - mapping phase
05 enterprenuer hazem - power of strategic innovation - mapping phaseHazem Sobhi | ACIM
 
Enterpreneur - power of strategic innovation -exploring phase
Enterpreneur - power of strategic innovation -exploring phaseEnterpreneur - power of strategic innovation -exploring phase
Enterpreneur - power of strategic innovation -exploring phaseHazem Sobhi | ACIM
 
Enterprenuer - power of strategic innovation - stagging phase
Enterprenuer - power of strategic innovation - stagging phaseEnterprenuer - power of strategic innovation - stagging phase
Enterprenuer - power of strategic innovation - stagging phaseHazem Sobhi | ACIM
 
Critical thinking - Session 03 - ch 8 to ch 11
Critical thinking - Session 03 - ch 8 to ch 11Critical thinking - Session 03 - ch 8 to ch 11
Critical thinking - Session 03 - ch 8 to ch 11Hazem Sobhi | ACIM
 
Critical thinking - Session 02 - ch 5 to ch 7
Critical thinking - Session 02 - ch 5 to ch 7Critical thinking - Session 02 - ch 5 to ch 7
Critical thinking - Session 02 - ch 5 to ch 7Hazem Sobhi | ACIM
 
Critical thinking - Session 01 - ch 1 to ch 4
Critical thinking - Session 01 - ch 1 to ch 4Critical thinking - Session 01 - ch 1 to ch 4
Critical thinking - Session 01 - ch 1 to ch 4Hazem Sobhi | ACIM
 

More from Hazem Sobhi | ACIM (12)

Business plan sample - uncomplete
Business plan   sample - uncompleteBusiness plan   sample - uncomplete
Business plan sample - uncomplete
 
Training course dox
Training course doxTraining course dox
Training course dox
 
Spe breadth
Spe breadthSpe breadth
Spe breadth
 
Red/Blue Pill Marketing
Red/Blue Pill MarketingRed/Blue Pill Marketing
Red/Blue Pill Marketing
 
04 enterprenuer hazem - power of strategic innovation - creative stage
04 enterprenuer   hazem - power of strategic innovation - creative stage04 enterprenuer   hazem - power of strategic innovation - creative stage
04 enterprenuer hazem - power of strategic innovation - creative stage
 
05 enterprenuer hazem - power of strategic innovation - mapping phase
05 enterprenuer   hazem - power of strategic innovation - mapping phase05 enterprenuer   hazem - power of strategic innovation - mapping phase
05 enterprenuer hazem - power of strategic innovation - mapping phase
 
Enterpreneur - power of strategic innovation -exploring phase
Enterpreneur - power of strategic innovation -exploring phaseEnterpreneur - power of strategic innovation -exploring phase
Enterpreneur - power of strategic innovation -exploring phase
 
Enterprenuer - power of strategic innovation - stagging phase
Enterprenuer - power of strategic innovation - stagging phaseEnterprenuer - power of strategic innovation - stagging phase
Enterprenuer - power of strategic innovation - stagging phase
 
Session 04 ch 12 to ch 16
Session 04   ch 12 to ch 16Session 04   ch 12 to ch 16
Session 04 ch 12 to ch 16
 
Critical thinking - Session 03 - ch 8 to ch 11
Critical thinking - Session 03 - ch 8 to ch 11Critical thinking - Session 03 - ch 8 to ch 11
Critical thinking - Session 03 - ch 8 to ch 11
 
Critical thinking - Session 02 - ch 5 to ch 7
Critical thinking - Session 02 - ch 5 to ch 7Critical thinking - Session 02 - ch 5 to ch 7
Critical thinking - Session 02 - ch 5 to ch 7
 
Critical thinking - Session 01 - ch 1 to ch 4
Critical thinking - Session 01 - ch 1 to ch 4Critical thinking - Session 01 - ch 1 to ch 4
Critical thinking - Session 01 - ch 1 to ch 4
 

Aligning with senior management on strategic frontiers

  • 2. ALIGNING PHASE Aligning with senior mgt Identifying the company’s on the proposed strategic strategic frontiers frontiers to be explored
  • 3. Vs. New corporate strategy Benefits of having a clearly defined corporate strategy
  • 4. 1. Current corporate strategy Vs. New corporate strategy Initiatives business opportunities beyond current corporate strategy the execution of current strategy will not provide the growth outside current corporate st. Outside preview of Why senior mgt, outside the comfort zone of the organization When Where
  • 5. 1. Current corporate strategy Vs. New corporate strategy company’s attitudes towards strategic innovation (encourage vs. prefer shorter tether) creative tension importance
  • 6.
  • 7. Entrepreneur’s Workshop Powered By SIFE Session 3
  • 8. We Assume the FUTURE Based on Powered By SIFE Session 3
  • 9. Plumbing Fixture Faucet Moan Style Quality Situation Market Place
  • 10. What is next for your company? “more of the same”
  • 11. 3.1 Beyond incrementalism A strategic frontier is that unexplored are of potential growth that lies between today’s business and tomorrows opportunities
  • 12. Mississippi expedition  your business’s ( TERRA INCOGNITA) Entrepreneur’s Workshop Powered By SIFE Session 3
  • 13. Product category Manufacturing Valuable Target process Frontiers Audience Distribution Channel
  • 14. New Platform P&G 3 level New New Product Project
  • 15. New Platfor m P&G 3 level New New Product Project
  • 16. •Product •Franchising •A.I Market Place Company Specific Company Generic •P. Catagory •Mass •Biotechnology •Distribution customization •Genomics channels •Out sourcing •Internet •Manufacturing •Partnership •Nanotechnology process •Patent •Smart materials •Technology exploration •Wireless •service communication •automation
  • 17. The cash cow running dry before the bet’s are ready
  • 18. Entrepreneur’s Workshop Powered By SIFE Session 3
  • 19. If the senior mangers communicate with the discovery team the Process will Be
  • 20.
  • 21. 5.1 INTERNAL SOURCES: 1. Management interviews “perceptions” Listen behind the words and the response of the managers, also take care that not all managers will accept the concept of future opportunities
  • 22. 5.1 INTERNAL SOURCES: 2. Company vision and mission statement Mission statement resample the vision of the company
  • 23. 5.1 INTERNAL SOURCES: 3. Corporate drawing boards “R&D” New Product Development New Marketing New Product Idea
  • 24. 5.1 INTERNAL SOURCES: 4. Redefine business “Business hierarchy” Chris Zook’s business definition: It accurately is a way of creating a logical hierarchy of territories in and around your core business that help you target wise investment
  • 25. 5.1 INTERNAL SOURCES: 5. Intranet Ask Employees about their ideas to gain
  • 26. 5.2 EXTERNAL SOURCES: Reflect company Myopia “NO FUTURE”. Vs.
  • 27. 5.2 EXTERNAL SOURCES: 1. Trend research Trends in various culture or society, life style, or demographic
  • 28. 5.2 EXTERNAL SOURCES: 2. Technology research • Internet • Suppliers Promising need • Vendors • Knowledge • Other • Technology • Insights Companies • Alliances • Scientific • Partners laboratories Benefits Scout team
  • 29. 5.2 EXTERNAL SOURCES: 3. Business Model research
  • 30. 5.3 PRIORITIZE THE STRATEGIC FRONTIERS Consistency Degree of Fit Current Size with today innovation strategy business