Mapping innovation

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Mapping Innovation:
What is innovation and how do you leverage it?
Aleksey Narko presentation for Innovation Management class at WSB-NLU
Professor:dr Michał Jasieński

Published in: Education, Business, Technology

Mapping innovation

  1. 1. Mapping Innovation: What is innovation and how do you leverage it? Aleksey Narko ©
  2. 2. Business model and Technology innovation. Value proposition Business Model Innovation Product and Services Supply Chain Process Technologies Target Customer Enabling Technologies Technology Innovation
  3. 3. Business Model Change • Value proposition: what is sold and delivered to the market. • Supply Chain: how it is created and delivered to the market. Example: • Target Customer: to whom it is delivered. Example:
  4. 4. Technology Change Three distinct ways: • Product and service offerings • Process technologies • Enabling technologies
  5. 5. Three types of Innovation • Incremental • Semi-Radical • Radical
  6. 6. Different types of Investment:
  7. 7. Incremental Innovations
  8. 8. Semi-Radical Innovations
  9. 9. Radical Innovation
  10. 10. Enablers of Breakthrough Innovation: • Partnering with outside companies to create ventures • Availability of resources to support breakthrough ideas • Management commitment to supporting ideas outside the current strategy
  11. 11. Barriers to Breakthrough innovation: • Incentives focused on avoiding risk • Perceived competition with existing business • Hard implementation in manufacturing and distribution
  12. 12. Thank you for attention!

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