This presentation discusses how companies can implement a controlled and repeatable innovation process. It introduces the InnoSpecting Framework, which is a three-phase approach to innovation: Capture, REFINE, and Retire. In the Capture phase, companies identify internal and external sources of new ideas. In REFINE, ideas are ranked and tested through small experiments. The top opportunities are implemented. The framework provides tools to manage the innovation process. The presentation aims to help companies maximize value from innovation initiatives.

1. Charting a Course Through
the Innovation Minefield
October 11, 2018

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 Help companies actualize controlled
innovation and achieve significant business
transformation.
 Guide companies through value maximization
by instilling an environment of continual
experimentation and offering diversification.
 Over 25 years' experience partnering with
Fortune 500 companies, small, and medium
organizations to drive innovation and develop
market leading strategies and solutions.
Ever Evolving, Inc.
Who we are, and what do we do

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Ever Evolving, Inc.
What We Provide to Our Partners
Maximization of Value for Innovation Initiatives
Access to Our Innovation Community - InnoSpection
Risk Management Strategies Within the Framework
Process to Get Ahead / Stay Ahead of Competition
Repeatable Plan for Strategic Experimentation
Methodologies for Increased Idea Generation
Solutions Tailored to YOUR Business
Path to a Culture of Innovation
Enterprise-Wide Innovation Visibility and Decisioning

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Scaling
Companies have scaling issues
when manpower is tied to
customer growth. What comes
first, more employees or more
customers?
Diversifying
Companies with one dominate
product are susceptible to
unpredictable market shifts. How
do you leverage your position to
launch new products and services?
Innovation
Repeatable and perpetual
innovation is the key to addressing
all three areas.
Modernizing
New technologies add speed and
accuracy, yet how do you add
them without disrupting current
operations?
Partner Challenges

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How do you make the process repeatable?1
Most Common Troubles with Corporate
Innovation
Where do new ideas come from and who is
responsible for them?2
How do you align those new ideas with the
strategic direction of the organization?3
How do you compare innovations across
business functions?4
How do you limit wasting time and resources
on ideas that simply won’t work?5
How do you keep any initial momentum
going?6

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 This presentation is designed for those who
are interested in bringing consistent and
perpetual innovation to their organization.
 It will deep dive into how companies collect
and prioritize opportunities. And:
– Identify tools and methodologies for each
– Talk through what organizations should
consider when prioritizing opportunities
– Provide participants with FREE version of
InnoSpecting Framework Management Tool
 We will look at the retail service industry as a
backdrop to this discussion
6
Presentation Overview

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Learning Objectives
What sources can your company tap
into today to find new ideas?
How can your organization go about
capturing those ideas?
How do you take those ideas and
determine which ones are worthy of
future investment?
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8. The InnoSpecting FrameworkTM8

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InnoSpecting is the idea of looking both internally and
externally for Innovative ideas, and turning those ideas
into profit streams or cost savings measures for the
company through a controlled, repeatable process.
InnoSpecting is a Trademarked property of Ever Evolving, Inc.

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Capture REFINE Retire
 New ideas are collected from
sources both internal and
external to your organization.
 The most promising ideas are
taken from concept to creation
and rolled out to interested
stakeholders.
 The company cuts ties with
products and processes before
they become an emotional and
economical drain.
Three-Phase Framework
* Capture, REFINE, and Retire is a Trademark property of Ever Evolving, Inc.

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Phase I: Capture

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 During the Capture Phase, an organization
looks for new initiatives that drive their
business forward
 Those sources can be internal or external to
the organization
 Your biggest challenges, is taking something
non-sensical, and getting something useful
from it
All Fires Start with a Spark
And All Innovations Start With an Idea

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Sources to Get the
New Ideas
Methods for Capturing
New Ideas
Tools for Managing
New Ideas

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Phase II: REFINE

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 The REFINETM process takes ideas from
conception to completion through
– Ranking ideas based on priority
– Experimenting with ideas on a small scale
to prove their merits
– Financing the full productization
– Implementing the innovation
– Notifying and working with early adopters
to generate interest
– Expand into broader markets
To Invest in the Right Opportunties
You Must Say No to a Lot of Wrong Ones

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8 Icons
Strategic Alignment
Innovation Maturity Timeframe
Innovation Type
Category Power
Company Category Power
Company Market Power
Offer Power
Execution Power
Eight Areas to Consider When Ranking Ideas
I
II
III
IV
V
VI
VII
VIII

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Work Through
an Example:
Retail vs.
E-commerce
Sales

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Scenario: You
work for a leading
retail store that is
tired of losing
revenue to your
online
competitors.
What can you do?

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Learning Objectives: Review
What sources can your company tap
into today to find new ideas?
How can your organization go about
capturing those ideas?
How do you take those ideas and
determine which ones are worthy of
future investment?
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Complimentary Ranking Tool: https://everevolving.biz/doi2018

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Contact Us
Steve Palmer
(302) 242-7778
steve@everevolving.biz
https://everevolving.biz