Great Ideas Need the Right Metrics to Flourish; Building the Analytics You Need to Monetize Your Innovation
Thursday, December, 5: 1:00 p.m. - 4:00 p.m.
In the digital era, great ideas, innovations, and business models need to be implemented well, turned into profitable operations that scale well and adapt to new information as they grow. This isn't easy, but it is often the difference between great ideas that succeed and those that fail.
For digital innovators, Analytics and data-driven decision-making have become key determinants of success. "If you can measure it, you can manage it." The right metrics often make the difference between monetizing innovation and under-performance.
Yet identifying these "metrics that matter" isn't easy—the right metrics vary widely based on your business model—nor is it easy to build the required capabilities and collecting the necessary data. Fortunately there is a way to make it easier, and this presentation will share a better way to tackle the challenge.
In this workshop, author and analytics veteran Jaime Fitzgerald will share his battle-tested method that addresses this challenge. During two decades working with data, Mr. Fitzgerald created a new method that makes it easier to define the metrics you really need to monetize your innovative ideas, business models, and initiatives. In addition to defining the "metrics that matter," Mr. Fitzgerald's methodology defines the analytic methods and data sources you need to generate these key performance indicators, and how they will be used to enhance key business decisions, essential processes, and business model evolution.
Presenter: Konrad Kopczynski, Director, Fitzgerald Analytics
Author:
Jaime Fitzgerald, Founder & Managing Partner, Fitzgerald Analytics
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(c)2021 Davender Gupta
All Rights Reserved
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Product innovation has been described as the way out of today’s difficult business environment. The rate of success of development projects, in particular disruptive innovation projects remains too low.
We believe that a reason for the low success rate is the erroneous application of analysis methods designed for incremental innovation like NPV and DCF to projects with high levels of uncertainty
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All rights reserved (c)2021 Davender Gupta
The essential principles of execution in the Lean Startup mode. How the left side of the Business Model Canvas comes together to help you execute how you Create, Deliver and Capture Value.
(c)2021 Davender Gupta
All Rights Reserved
Quantifying and Forecasting Uncertainty in Innovation Project Management - Dr...Jose Briones
Product innovation has been described as the way out of today’s difficult business environment. The rate of success of development projects, in particular disruptive innovation projects remains too low.
We believe that a reason for the low success rate is the erroneous application of analysis methods designed for incremental innovation like NPV and DCF to projects with high levels of uncertainty
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Effectuation - Managing Uncertainty by Optimizing OpportunityDavender Gupta
The Effectual mindset is essential for entrepreneurs who understand that the future is unknowable and unpredictable and who want to make decisions which guide them towards success. This is an essential foundation for Momentum Scaling A summary of Effectuation (Saras Sarasvathy).
Presented to Ville-Marie Toastmasters (PERINF L1 Project 3)
22 February 2018
(c) 2018 Davender Gupta. All rights reserved. Permission to download for personal use only
Innovation and Creativity for Social Business
Defining and exploring the Problem Space and the Solution Space
Presented to Social Business Creation - HEC Montreal
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All rights reserved (c)2021 Davender Gupta
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The Lean Product Lifecycle Book- Product Innovation & Business Growth (Craig ...strongandagile.co.uk
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View from the Trenches: What Went Wrong with Our Lean Startup Program?Lean Startup Co.
Ken Durand, Ericsson, @atlideafactory
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For more info follow @leanplc
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Designed to bring organisations – large and small - together who are interested in developing innovation both internally and collaboratively with others.
This is a thought piece and call to action for product managers in the software industry. Leverages principles from Lean Startup, Agile, and other modern software methods.
Business Model Canvas explanation and examples from technology, creative, and home products industries:
Cirque Du Soleil Business Model Canvas
Skype Business Model Canvas
Easy Taxi Business Model Canvas
Facebook Business Model Canvas
Kinder Business Model Canvas
Louis Vitton Business Model Canvas
Airbnb Business Model Canvas
Nespresso Business Model Canvas
Netflix Business Model Canvas
Google Search Business Model Canvas
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An Evolving Career in Innovation Management Steven Palmer
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The case dives deeper into digital idea management (the tool shown live is viima) and InnoSurvey, a 360 degree innovation assessment built on proven metrics.
Slides are from a lecture on Digital Industry (Certificate of Advanced Studies at FHNW).
The lecture is min. 1 hr plus practical parts provided as preparation or exercises. Get German language support and more material here: https://www.sensaco.com/digital-innovation-management/
View from the Trenches: Lessons Learned in the Enterprise, Ken Durand, Atlant...Lean Startup Co.
Ken Durand, Head of Innovation at the Atlanta Ideas Factory (Ericsson) talks about hitting the ground running with a Lean Startup program only to find that the results were (shall we say) mediocre. In this honest talk, he’ll discuss what it took to get the necessary (continued) support, why it was imperative for the team to do an honest self-assessment of what was going right, and more importantly, what was going wrong. He’ll lead a participatory discussion with the audience on how to hire and lead for innovation.
The Lean Product Lifecycle Book- Product Innovation & Business Growth (Craig ...strongandagile.co.uk
An overview on how The Lean Product Lifecycle can transform your business to simultaneously innovate and grow by taking on insights from Venture Capital, Private Equity, Budgeting, Agile, Lean, Lean Startup, Beyond Budgeting and more.
Know how to take your idea and build a successful business.
A nice document on building a corporate innovation machine from Jeffrey Baumgartner that visualizes and describes one view on the process of innovaiton.
View from the Trenches: What Went Wrong with Our Lean Startup Program?Lean Startup Co.
Ken Durand, Ericsson, @atlideafactory
With all of the success of Lean in the startup community, this should be pretty easy to implement in the Corporate environment, right? After launching with very little to show in the way of success, the team in Ericsson’s Atlanta Idea Factory had to take a step back and evaluate what changes were necessary to implement Enterprise Lean Startup with success. One key principle had to be learned… People are an organization’s greatest asset, AND its greatest barrier to success.
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For more info follow @leanplc
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Kent Business School Open innovation network (Presentation: 5th June 2013): H...Kent Business School
Designed to bring organisations – large and small - together who are interested in developing innovation both internally and collaboratively with others.
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Business Model Canvas explanation and examples from technology, creative, and home products industries:
Cirque Du Soleil Business Model Canvas
Skype Business Model Canvas
Easy Taxi Business Model Canvas
Facebook Business Model Canvas
Kinder Business Model Canvas
Louis Vitton Business Model Canvas
Airbnb Business Model Canvas
Nespresso Business Model Canvas
Netflix Business Model Canvas
Google Search Business Model Canvas
Black Eyed Peas Business Model Canvas
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Leading successful Digital Transformation projects cannot be successful without a Strategy for their success.
This briefing shows how to develop and apply a Strategy for Program Success through clear and concise descriptions of the strategic outcomes, Measures of Effectiveness and Performances, and identification of Value needed to meet business goals in a timely manner for the needed budget.
In an earlier Linkage webinar delivered by Lonney Gregory, we explored behaviors to develop an innovative mindset and stimulate creativity. We believe in order to stay ahead of the competition, individuals and teams must be creative and innovative. And while that is true, creativity and innovative behaviors alone won’t guarantee innovation initiatives will succeed. But what if you could hedge your bets on innovation and increase the likelihood of success; would you do it? In addition to engaging in ways of thinking that inspire breakthroughs, repeatable organizational processes, cultural adaptations, and clearly defined approaches for integrating it all, including handling risks, will significantly increase the likeness of success for innovation in your organizations. This next session on innovation will introduce three basic concepts that lead toward successfully enabling an innovation capable organization; one that drives innovation throughout the organization.
In this session, participants learn about:
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Ironside's VP of Strategy & Innovation, Greg Bonnette, delivered a presentation on "How to Build a Winning Strategy for Data & Analytics" to provide a framework for data-driven decision making.
Business Planning in Real Life, Part 1John Doxaras
In the context of "Innovation and Entrepreneurship" course of Health and Exercise MSc of University of Thessaly we gave the following lecture on business planning (http://www.pe-uth.gr/msc/). We adopted a case study approach elaborating on a project that resonates with the background of the majority of the students in the class, originating from medical, coaching and nutritionist backgrounds.
In particular we describe a fitness and biorhythms monitoring portal where end users upload their trainings and life-casting behaviors, socializing and getting advices from experts on fitness straining, diets, supplements and apparel!
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A Super Solution Integrator Drives Business Outcomes by Orchestrating TechnologyInsight
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Digital transformation requires complex systems integration with modern IT solutions. Most organizations don’t have the skills or transformation experience in-house to manage a large-scale IT initiative. Alternatively, organizations will turn to outside partners for help — but managing multiple vendors across a fragmented IT environment creates its own set of challenges; integration problems, an expanding security footprint and no centralized strategy over the full project scope.
Partnering with a super solution integrator can be the difference between success and failure by helping you overcome IT transformation challenges with a robust digital transformation strategy and experience.
But what is a ‘super solution integrator’?
In this SlideShare, you’ll learn why traditional systems integrators are evolving into a Super Solution Integrator (SSI) — and how this end-to-end partner is driving meaningful business outcomes.
An Introduction to the InnoSpecting Framework Steven Palmer
At Ever Evolving, we offer our partner clients tools, tips, tricks, and techniques for getting more ROI out of their Innovation portfolios. If you are one of the 94% of corporate executives who feel that they should be getting more out of their R&D spending, take a look through our overview package and reach out to learn more.
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1. Great Ideas Need the Right Metrics to Flourish
Building the Analytics you Need to Monetize your Innovation
Gilbane Conference 2013
December 5th, 2013
Architects of Fact-Based Decisions™