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Business innovation

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The Business Innovation presentation defines the differences among creativity, innovation, and business innovation. It also gives examples about innovating in different aspects of the business, and categorize innovation types (breakthough, incremental, disruptive, and changing) and explains them

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Business innovation

  1. 1. Business Innovation Mohammad Albattikhi @MAlbattikhi
  2. 2. Creative vs. Innovative Mohammad Albattikhi Twitter: @MAlbattikhi
  3. 3. Creativity New Innovation New + Useful Business Innovation New + Useful + Profitable Mohammad Albattikhi Twitter: @MAlbattikhi
  4. 4. How can you innovate? Mohammad Albattikhi Twitter: @MAlbattikhi
  5. 5. Innovative in your Product Performance Tough, thin and scratch-resistant glass for tablets, phones and other electronic devices Mohammad Albattikhi Twitter: @MAlbattikhi
  6. 6. Innovative in your Profit Model Hook up customers with low cost enduring part, and enjoying a recurring revenue from a premium disposable parts Mohammad Albattikhi Twitter: @MAlbattikhi
  7. 7. Innovative in your Network Repair Toshiba laptops at UPS shipping hubs to cut down service time Mohammad Albattikhi Twitter: @MAlbattikhi
  8. 8. Innovative in your Structure Low cost strategy by having one type of aircraft (Boeing 737) to reduce cost of mechanics training, crews training, inventory, etc. Mohammad Albattikhi Twitter: @MAlbattikhi
  9. 9. Innovative in your Process Moving clothes from one store to another around the globe within a short period of times that can be a week Mohammad Albattikhi Twitter: @MAlbattikhi
  10. 10. Innovative in your Service Customer service representatives are empowered to do anything to ensure a great user experience, including sending flowers! Mohammad Albattikhi Twitter: @MAlbattikhi
  11. 11. Innovative in your Channel Free wireless network for Kindle users that enable them to purchase and download an e-book in a minute from anywhere in the world Mohammad Albattikhi Twitter: @MAlbattikhi
  12. 12. Innovative in your Brand A sticker on the computer devices increased customers awareness about the product value Mohammad Albattikhi Twitter: @MAlbattikhi
  13. 13. Innovative in your Customer Engagement Engages customers by enabling customization on their candies. Mohammad Albattikhi Twitter: @MAlbattikhi
  14. 14. ERRC Grid Eliminate Raise Reduce Create Mohammad Albattikhi Twitter: @MAlbattikhi
  15. 15. ERRC Grid – CitizenM Hotel Eliminate Raise Reduce Create Modern Design Furniture Free Video on Demand Mohammad Albattikhi Twitter: @MAlbattikhi
  16. 16. CitizenM Hotel Mohammad Albattikhi Twitter: @MAlbattikhi
  17. 17. The Four Categories of Innovation Breakthrough Incremental Game Changing Disruptive Market Impact Technological Advancement Mohammad Albattikhi Twitter: @MAlbattikhi
  18. 18. 1. Incremental (also called sustaining) Low Technological Advancement Low Market Impact Enhancement on existing technologies Mohammad Albattikhi Twitter: @MAlbattikhi
  19. 19. Example: Television Evolution Mohammad Albattikhi Twitter: @MAlbattikhi
  20. 20. 2. Breakthrough High Technological Advancement Low Market Impact Technological advancement that are the result of R&D Mohammad Albattikhi Twitter: @MAlbattikhi
  21. 21. Example: Large Hadron Collider Mohammad Albattikhi Twitter: @MAlbattikhi
  22. 22. 3. Disruptive Low Technological Advancement High Market Impact Disrupting exciting technologies by changing the business model to make it more affordable to the customer need Mohammad Albattikhi Twitter: @MAlbattikhi
  23. 23. Example: ZipCar Mohammad Albattikhi Twitter: @MAlbattikhi
  24. 24. 4. Game-Changing High Technological Advancement High Market Impact Innovations that not only transform the market, but also the society. They impact our lives in a major way Mohammad Albattikhi Twitter: @MAlbattikhi
  25. 25. Example: Wright Brother’s Airplane Mohammad Albattikhi Twitter: @MAlbattikhi
  26. 26. Start Innovating Mohammad Albattikhi Twitter: @MAlbattikhi

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