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® Opportunity Potential Score (OPS) ™® Opportunity Potential Score (OPS) ™
FROM IDEA TO EXPERIENCE
S T R A I N N O
Irrespective of a humongous amount of
literature being available on the internet on
innovation, there are a couple of questions
that remain burning and open for
entrepreneurs and innovators today.
Irrespective of a humongous amount of
literature being available on the internet on
innovation, there are a couple of questions
that remain burning and open for
entrepreneurs and innovators today.
Irrespective of a humongous amount of
literature being available on the internet on
innovation, there are a couple of questions
that remain burning and open for
entrepreneurs and innovators today.
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
“How do we know which innovation
opportunity we must invest in and in which
we should not? What are the characteristics
of a breakthrough or radical innovation as
compared to an incremental innovation?
And how do we know it before we have spent
thousands of dollars and hundreds of hours
on exploring an opportunity?”
“How do we know which innovation
opportunity we must invest in and in which
we should not? What are the characteristics
of a breakthrough or radical innovation as
compared to an incremental innovation?
And how do we know it before we have spent
thousands of dollars and hundreds of hours
on exploring an opportunity?”
“How do we know which innovation
opportunity we must invest in and in which
we should not? What are the characteristics
of a breakthrough or radical innovation as
compared to an incremental innovation?
And how do we know it before we have spent
thousands of dollars and hundreds of hours
on exploring an opportunity?”
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
The solution is a simple one
® Opportunity Potential Score (OPS) ™
The solution is a simple one
® Opportunity Potential Score (OPS) ™
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
To understand ®OPS™ we first need to
understand a simple rule of innovation:
“Innovation always starts with a problem.
Without a problemthere is no innovation.”
To understand ®OPS™ we first need to
understand a simple rule of innovation:
“Innovation always starts with a problem.
Without a problemthere is no innovation.”
To understand ®OPS™ we first need to
understand a simple rule of innovation:
“Innovation always starts with a problem.
Without a problemthere is no innovation.”
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
Each Problem has two major
characteristics: Practicality & Scalability
Each Problem has two major
characteristics: Practicality & Scalability
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
Practicality of a problem can be found by
asking:
“If a solution for this problem is available,
will people pay for it?”
Practicality of a problem can be found by
asking:
“If a solution for this problem is available,
will people pay for it?”
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
Practicality is measured on a scale of 0 to 5;
0 = No (people are not ready to pay for the
solution)
.
.
.
5 = Definite Yes (people will definitely pay
for this solution)
Practicality is measured on a scale of 0 to 5;
0 = No (people are not ready to pay for the
solution)
.
.
.
5 = Definite Yes (people will definitely pay
for this solution)
Practicality is measured on a scale of 0 to 5;
0 = No (people are not ready to pay for the
solution)
.
.
.
5 = Definite Yes (people will definitely pay
for this solution)
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
Scalability of a problem can be found
by asking:
“How many people are ready to pay for
a solution to this problem”?
Scalability of a problem can be found
by asking:
“How many people are ready to pay for
a solution to this problem”?
Scalability of a problem can be found
by asking:
“How many people are ready to pay for
a solution to this problem”?
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
Scalability is measured on a scale of 0 to 5;
0 = People ready to pay for a solution are
in tens only
.
.
.
5 = People ready to pay for a solution are
in thousands or millions
Scalability is measured on a scale of 0 to 5;
0 = People ready to pay for a solution are
in tens only
.
.
.
5 = People ready to pay for a solution are
in thousands or millions
Scalability is measured on a scale of 0 to 5;
0 = People ready to pay for a solution are
in tens only
.
.
.
5 = People ready to pay for a solution are
in thousands or millions
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
®OPS™= Practicality Score * Scalability Score
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
®OPS™ can take a value between 0 to 25
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
The table below can be used to interpret
the value of ®OPS™
®OPS™ ValueRange Meaning
0 to 10
The opportunity represents an
incremental innovation.
10 to 20
This opportunity represents a
substantial innovation.
This opportunity represents a
breakthrough / radical
innovation.
This opportunity represents a
substantial innovation.
20 to 25
This opportunity represents a
breakthrough / radical
innovation.
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
Thus ®OPS™ can be used by innovators &
entrepreneurs as a guiding factor in
deciding as to which innovation
opportunity they should invest their time,
money and efforts on.
Thus ®OPS™ can be used by innovators &
entrepreneurs as a guiding factor in
deciding as to which innovation
opportunity they should invest their time,
money and efforts on.
Thus ®OPS™ can be used by innovators &
entrepreneurs as a guiding factor in
deciding as to which innovation
opportunity they should invest their time,
money and efforts on.
© Copyright 2014-2016. STRAINNO.All Rights Reserved.
To know more about ®OPS™ :
Write to us at: info@strainno.com
Call us at: +91 96868 98400
“Opportunity Potential Score” and “OPS” are registered marks of Deepak Chaudhury.
To know more about ®OPS™ :
Write to us at: info@strainno.com
Call us at: +91 96868 98400
“Opportunity Potential Score” and “OPS” are registered marks of Deepak Chaudhury.
To know more about ®OPS™ :
Write to us at: info@strainno.com
Call us at: +91 96868 98400
“Opportunity Potential Score” and “OPS” are registered marks of Deepak Chaudhury.
© Copyright 2014-2016. STRAINNO.All Rights Reserved.

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How to Evaluate Innovation Opportunities with the Opportunity Potential Score (OPS

  • 1. ® Opportunity Potential Score (OPS) ™® Opportunity Potential Score (OPS) ™ FROM IDEA TO EXPERIENCE S T R A I N N O
  • 2. Irrespective of a humongous amount of literature being available on the internet on innovation, there are a couple of questions that remain burning and open for entrepreneurs and innovators today. Irrespective of a humongous amount of literature being available on the internet on innovation, there are a couple of questions that remain burning and open for entrepreneurs and innovators today. Irrespective of a humongous amount of literature being available on the internet on innovation, there are a couple of questions that remain burning and open for entrepreneurs and innovators today. © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 3. “How do we know which innovation opportunity we must invest in and in which we should not? What are the characteristics of a breakthrough or radical innovation as compared to an incremental innovation? And how do we know it before we have spent thousands of dollars and hundreds of hours on exploring an opportunity?” “How do we know which innovation opportunity we must invest in and in which we should not? What are the characteristics of a breakthrough or radical innovation as compared to an incremental innovation? And how do we know it before we have spent thousands of dollars and hundreds of hours on exploring an opportunity?” “How do we know which innovation opportunity we must invest in and in which we should not? What are the characteristics of a breakthrough or radical innovation as compared to an incremental innovation? And how do we know it before we have spent thousands of dollars and hundreds of hours on exploring an opportunity?” © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 4. The solution is a simple one ® Opportunity Potential Score (OPS) ™ The solution is a simple one ® Opportunity Potential Score (OPS) ™ © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 5. To understand ®OPS™ we first need to understand a simple rule of innovation: “Innovation always starts with a problem. Without a problemthere is no innovation.” To understand ®OPS™ we first need to understand a simple rule of innovation: “Innovation always starts with a problem. Without a problemthere is no innovation.” To understand ®OPS™ we first need to understand a simple rule of innovation: “Innovation always starts with a problem. Without a problemthere is no innovation.” © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 6. Each Problem has two major characteristics: Practicality & Scalability Each Problem has two major characteristics: Practicality & Scalability © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 7. Practicality of a problem can be found by asking: “If a solution for this problem is available, will people pay for it?” Practicality of a problem can be found by asking: “If a solution for this problem is available, will people pay for it?” © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 8. Practicality is measured on a scale of 0 to 5; 0 = No (people are not ready to pay for the solution) . . . 5 = Definite Yes (people will definitely pay for this solution) Practicality is measured on a scale of 0 to 5; 0 = No (people are not ready to pay for the solution) . . . 5 = Definite Yes (people will definitely pay for this solution) Practicality is measured on a scale of 0 to 5; 0 = No (people are not ready to pay for the solution) . . . 5 = Definite Yes (people will definitely pay for this solution) © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 9. Scalability of a problem can be found by asking: “How many people are ready to pay for a solution to this problem”? Scalability of a problem can be found by asking: “How many people are ready to pay for a solution to this problem”? Scalability of a problem can be found by asking: “How many people are ready to pay for a solution to this problem”? © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 10. Scalability is measured on a scale of 0 to 5; 0 = People ready to pay for a solution are in tens only . . . 5 = People ready to pay for a solution are in thousands or millions Scalability is measured on a scale of 0 to 5; 0 = People ready to pay for a solution are in tens only . . . 5 = People ready to pay for a solution are in thousands or millions Scalability is measured on a scale of 0 to 5; 0 = People ready to pay for a solution are in tens only . . . 5 = People ready to pay for a solution are in thousands or millions © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 11. ®OPS™= Practicality Score * Scalability Score © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 12. ®OPS™ can take a value between 0 to 25 © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 13. The table below can be used to interpret the value of ®OPS™ ®OPS™ ValueRange Meaning 0 to 10 The opportunity represents an incremental innovation. 10 to 20 This opportunity represents a substantial innovation. This opportunity represents a breakthrough / radical innovation. This opportunity represents a substantial innovation. 20 to 25 This opportunity represents a breakthrough / radical innovation. © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 14. Thus ®OPS™ can be used by innovators & entrepreneurs as a guiding factor in deciding as to which innovation opportunity they should invest their time, money and efforts on. Thus ®OPS™ can be used by innovators & entrepreneurs as a guiding factor in deciding as to which innovation opportunity they should invest their time, money and efforts on. Thus ®OPS™ can be used by innovators & entrepreneurs as a guiding factor in deciding as to which innovation opportunity they should invest their time, money and efforts on. © Copyright 2014-2016. STRAINNO.All Rights Reserved.
  • 15. To know more about ®OPS™ : Write to us at: info@strainno.com Call us at: +91 96868 98400 “Opportunity Potential Score” and “OPS” are registered marks of Deepak Chaudhury. To know more about ®OPS™ : Write to us at: info@strainno.com Call us at: +91 96868 98400 “Opportunity Potential Score” and “OPS” are registered marks of Deepak Chaudhury. To know more about ®OPS™ : Write to us at: info@strainno.com Call us at: +91 96868 98400 “Opportunity Potential Score” and “OPS” are registered marks of Deepak Chaudhury. © Copyright 2014-2016. STRAINNO.All Rights Reserved.