Activating innovation the holistic approach
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Holistic Innovation framework that provides Innovation results for companies
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Activating innovation the holistic approach
- 1. ACTIVATING INNOVATION - THE HOLISTIC APPROACH 1 Frank Dethier – Aperitivoi Jan 30th 2014
- 2. BUSINESS MODEL CANVAS Frank Dethier – Aperitivoi Jan 2014 2
- 3. COMPANY CULTURE Culture as the way things get done around here The Monkey Experiment Frank Dethier – Aperitivoi Jan 2014 3
- 4. WHAT’S INNOVATION? Innovation = Generating Value from Creativity Generating: Value: Creativity: what needs to be done to spark and sustain effort (often blood, sweat & tears) assuring that concept will provide benefit to stakeholders finding fresh ideas and combinations of ideas Frank Dethier – Aperitivoi Jan 2014 4
- 5. TYPES OF INNOVATION Any business can be tuned to enable different types of Innovation Product Innovation Service Innovation Business model Innovation Frank Dethier – Aperitivoi Jan 2014 Process Innovation 5
- 6. INNOVATION FRAMEWORK Strategy Process Organisation Resources Culture Frank Dethier – Aperitivoi Jan 2014 6
- 7. S INNOVATION FRAMEWORK STRATEGY R P C O C Timing? Strategy sets scope & direction Strategic challenges? Funding magnitude? What do you want to achieve? … Frank Dethier – Aperitivoi Jan 2014 7
- 8. S INNOVATION FRAMEWORK PROCESS OVERVIEW R P C O C Driven by Strategy Inspiration & Trends Create & Select Ideas Prototype Market Launch Consumer Need Milestones Frank Dethier – Aperitivoi Jan 2014 8
- 9. INNOVATION FRAMEWORK INSPIRATION & TRENDS Inspiration Customer Ideas Prototype Market Frank Dethier – Aperitivoi Jan 2014 S R P C O C 9
- 10. S INNOVATION FRAMEWORK UNDERSTAND YR CUSTOMER NEEDS Inspiration Customer Ideas Prototype Market R P C O C Voice-of-the-Customer Observe Interviews Frank Dethier – Aperitivoi Jan 2014 10
- 11. INNOVATION FRAMEWORK IDEA CREATION Inspiration Customer Ideas Prototype S R P C O 6 thinking hats C Market Brainstorm From other industries Day in yr life SCAMPER Frank Dethier – Aperitivoi Jan 2014 11
- 12. INNOVATION FRAMEWORK IDEA SELECTION Inspiration Customer Ideas Prototype Market Create mini-business case for each idea Evaluate yr idea with yr customer S R P C O C Take yr time-> 2/3 Share yr strategy Frank Dethier – Aperitivoi Jan 2014 12
- 13. S INNOVATION FRAMEWORK R C O Most business are structured to maintain the status quo C P Focus on next launch Short term goals and metrics Functional centers of excellence Little extra-departmental communications Clear hand off of roles and responsibilities ... Innovative organisations have structures that nurture Innovation Recognition of Innovation value at most senior levels Autonomous Innovations functions & €s Cross-functional working at all levels Innovation metrics Voice of the customer used accross whole business Innovation board ‘Characters’ who can drive innovation processes forwards … Frank Dethier – Aperitivoi Jan 2014 13
- 14. INNOVATION FRAMEWORK AMBIDEXTROUS S R P C O C Exploration Exploitation Frank Dethier – Aperitivoi Jan 2014 14
- 15. S INNOVATION FRAMEWORK AMBIDEXTROUS, HOW? R P C O C Focus on exploration Option 1 Structural Focus on exploitation Focus on exploration (agreed % of time) Option 2 Focus on exploitation Focus on exploration (time N) Time based Option 3 Focus on exploitation (time N+1) Frank Dethier – Aperitivoi Jan 2014 15
- 16. S INNOVATION FRAMEWORK RESOURCES R P C O C Strategy, Process & Organisation are important, but People Innovate! Individuals Project Teams Right person, Right job Diversity Frank Dethier – Aperitivoi Jan 2014 16
- 17. INNOVATION FRAMEWORK PERSONALITY PROFILE PEOPLE S R P C O C NT = Starters SJ = Finishers Frank Dethier – Aperitivoi Jan 2014 17
- 18. INNOVATION FRAMEWORK PROJECT TEAMS - DIVERSITY S R P C O C Heterogeneous 2014 Team Frank Dethier – Aperitivoi Jan 18
- 19. S INNOVATION FRAMEWORK INNOVATIVE CULTURE Characteristics of Innovative company culture R P C O C Encourages openness & Interactions Allows cooperation between different people Accepts failures Manages riscs Learns Shares know-how and experiences Explores new things Embraces entrepeneurship … Frank Dethier – Aperitivoi Jan 2014 19
- 20. S INNOVATION FRAMEWORK INNOVATIVE CULTURE R P C O Company has several levers to change culture C Leadership Communication & Know-how sharing People you employ Work environment Frank Dethier – Aperitivoi Jan 2014 Attitude towards riscs Metrics & KPIs 20
- 21. S APPLY @ TWTP In presentation of Marc later Frank Dethier – Aperitivoi Jan 2014 R P C O C 21
- 22. BACK-UP 22
- 23. INNOVATIEKADER LEAN STARTUP S R P C O Lean Startup method is based on 3 key principles C 1. Summarize your hypotheses in a business model canvas 2. Use a “get out of the building” approach (customer development) to test your hypotheses.. Then 1. 2. 3. Iterate Pivot Practice agile development Frank Dethier – Aperitivoi Jan 2014 23
- 24. S INNOVATIEKADER R LEAN STARTUP Do I have a Have I built 3 stages of problem worth a startup something solving? people want? Problem/ Solution Fit • Problem • Solution • Customer Segments Product/Market Fit • Value proposition • Key activities Frank Dethier – Aperitivoi Jan 2014 P C O How C I do accelerate growth? Scale • • • • Cost structure Revenue streams Key resources Customer relationships 24