Uploaded byInnovation Excellence
Gamechangers - Innovations That Makes Life Better
The document discusses innovation in a volatile and complex world, emphasizing the importance of 'game changers' who see things differently and challenge the status quo. It outlines key business innovation strategies, the evolution of model systems, and the significance of co-creation for enhancing customer experiences and achieving success. Ultimately, it stresses that innovation should aim to improve people's lives and offers insights into future opportunities and value creation.
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Gamechangers - Innovations That Makes Life Better
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- 41. Business Innovation 1. Businessmodel 5. Product performance how the enterprise makes basic features, performance and functionality money 2. Networking 6. Product system enterprise’s structure/ extended system that surrounds an offering value chain 7. Service how you service your customers Finance Process Offering Delivery Business Networking Enabling Core Product Product Service Channel Brand Customer model process process performance system experience 8. Channel how you connect your offerings 3. Enabling process to your customers assembled capabilities 9. Brand how you express your offering’s 4. Core process benefit to customers proprietary processes that add value 10. Customer experience how you create an overall experience for customers
- 42. Where we focused Finance Process Offering Delivery Business Networking Enabling Core Product Product Service Channel Brand Customer model process process performance system experience Volume of innovation efforts Last 10 years
- 43. What impact itmade Finance Process Offering Delivery Business Networking Enabling Core Product Product Service Channel Brand Customer model process process performance system experience Cumulative value creation Last 10 years
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- 66. VALUE CREATION Actual profits of previous years Estimated profits of future years Adjusted profits of future years (discounted for uncertainty) (more accurately, we consider the “economic” profit, which takes into the cost of capital) Economic “value” is the sum of the likely future profits Previous This Future years year years
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- 86. peterfisk@peterfisk.com www.theGeniusWorks.com genius @geniusworks works +44 7834483830