SlideShare a Scribd company logo
How to frame business challenges for
Innovation teams
Paris, April 10th
Olivier Eudeline
Head of Innovation
Franck Debane
Innovation Thinker
Innovation
Agency
Innovation Team?
1. Cross functional teams with dedicated time
2. Autonomous to make their own decisions
3. Has access to customers to run experiments
4. Self-selected and motivated by the opportunity
Innovation Team, please!
I want a chat bot!
Please tell me what we should do can do with big data?
Can we bring AI/blockchain in?
Find an innovative solutions to double our sales
Please improve our customer experience
Please find the next disruptive business model!
How to increase our market share in the silver economy via Google Home?
Work on how to bring this new product to market
Problem for Mr Innovation
Unclear request
Poor internal alignment on what is needed
No frame from the sponsor => unclear impact from delivery
No definition of success
1. Challenge is “please build this”
a. ex: I want a chatbot!
b. ex: we need an iphone app that allows users to exchange used furnitures = Project
2. Challenge is vague/broad
a. ex: big data / machine learning for our business
b. ex: as-a-service business model
3. Challenge is a Business Problem
a. ex: reduce cost of installation by 50%
b. ex: how can the purchasing department be more efficient
4. Challenge is Customer Problem
a. ex: how can we help your customer spend less
5. Challenge is #$%@!
a. ex: impossible too many constraints: technology/product defined without clear
segment
b. ex: increase our market share on 3 different products
c. Too many constraints or goals
Request come in different shapes
What the team needs to function
1. Why does this matter? What value will it bring to the business?
2. Clear objective and measurable business objective (AARRR)
3. Who is the customer, who are we trying to bring value to? (as a starting point)
4. What means do we have? Time, money and resources?
and a mandate!
Translate the request into something workable
Challenge is “please build this”
● Zoom out => ask about the business objective behind the tool
Challenge is vague/broad
● Zoom in => bring knowledge to generate concepts
Challenge is a Business Problem
● Business Focus => what’s the customer value?
Challenge is Customer Problem
● Customer Focus => what is the business value and metric?
Challenge is #$%@!
● Too many constrain / too many goals => Split it!
Tools to Frame Business Challenges
Business Challenge
Template
Exploration
workshop
Business Challenge Template
Align stakeholders on the
expected business outcomes
Define the goal and playing
field for the team
Business Challenge Template
What problem do we want to solve
What problem does the team need to solve?
Increase our market share in electricity business
What will be the ideal situation if the problem was solved?
More customer subscribing to our electricity offer.
Which metric can we measure that will tell us the problem is solved?
Acquisition and Activation. New customers subscribing.
© Franck Debane 2019 - All right reserved
What we know: context and situation
● Why is this important? (strategic alignment)
● Why is this a problem today?
Knowledge for the team:
Context the team needs to know before starting.
What has been tried before?
What does the team needs to know to save time?
What extra knowledge do we need?
© Franck Debane 2019 - All right reserved
Which customers
Who are the customers, user and partners and stakeholders to consider in this
problem?
Students: 18-25 years old moving places.
What constraints does the team needs to know?
Keeping the same price and rates. CAC should not increase.
© Franck Debane 2019 - All right reserved
What resources and support
What resources does the team have to test solutions for this problem?
5.000 euros, 3 months
Internal Designers
Who in the company can provide support for the team (access to resources or
information)
Web Marketing expert: Robert Blue
Social Media team
© Franck Debane 2019 - All right reserved
Business Challenge Template
What problem do we want to solve
What we know
Which customers
What resources and support
© Franck Debane 2019 - All right reserved
Exploration workshop
Problem mapping / Customer Journey
Knowledge Transfer
Ideation for solutions
Pitch or Canvas Prototyping
Vague/Broad =>
Framing the challenge for the team - why?
Align and embark sponsor and stakeholder into the project
Structure the expectations between the sponsor and the team
The team will refine the challenge, but you made it easy for them
Give boundaries and the flexibility for the team to pivot
A shared definition of success

More Related Content

What's hot

A Playbook for Achieving Product-Market Fit
A Playbook for Achieving Product-Market FitA Playbook for Achieving Product-Market Fit
A Playbook for Achieving Product-Market Fit
Lean Startup Co.
 
10 steps to product/market fit
10 steps to product/market fit10 steps to product/market fit
10 steps to product/market fit
Ash Maurya
 
Lean Startup Key Concepts Overview
Lean Startup Key Concepts OverviewLean Startup Key Concepts Overview
Lean Startup Key Concepts OverviewYuki Sekiguchi
 
Emotional Product Management by LinkedIn Sr PM
Emotional Product Management by LinkedIn Sr PMEmotional Product Management by LinkedIn Sr PM
Emotional Product Management by LinkedIn Sr PM
Product School
 
How to build_a_successful_mvp_lean-302
How to build_a_successful_mvp_lean-302How to build_a_successful_mvp_lean-302
How to build_a_successful_mvp_lean-302Lean Startup Machine
 
Intro to Lean Startup and Customer Discovery for Agilists
Intro to Lean Startup and Customer Discovery for AgilistsIntro to Lean Startup and Customer Discovery for Agilists
Intro to Lean Startup and Customer Discovery for Agilists
Shashi Jain
 
Quick Left - Lean MVP Deck
Quick Left - Lean MVP DeckQuick Left - Lean MVP Deck
Quick Left - Lean MVP DeckJames Kenly
 
Customer development and Agile development
Customer development and Agile developmentCustomer development and Agile development
Customer development and Agile development
dchurchv
 
How To Scale Your Product Through Experimentation w/ Milena Court, Product Ma...
How To Scale Your Product Through Experimentation w/ Milena Court, Product Ma...How To Scale Your Product Through Experimentation w/ Milena Court, Product Ma...
How To Scale Your Product Through Experimentation w/ Milena Court, Product Ma...
TheFamily
 
Apps monetization
Apps monetizationApps monetization
Apps monetization
Rangga Wiseno
 
The First 2 Steps to the Epiphany: Customer Discovery, Customer Validation an...
The First 2 Steps to the Epiphany: Customer Discovery, Customer Validation an...The First 2 Steps to the Epiphany: Customer Discovery, Customer Validation an...
The First 2 Steps to the Epiphany: Customer Discovery, Customer Validation an...
Jason Evanish
 
Eric Ries, Author/Speaker/Consultant, The Lean Startup
Eric Ries, Author/Speaker/Consultant, The Lean StartupEric Ries, Author/Speaker/Consultant, The Lean Startup
Eric Ries, Author/Speaker/Consultant, The Lean Startup
500 Startups
 
The 1 Week Minimum Viable Product (MVP)
The 1 Week Minimum Viable Product (MVP)The 1 Week Minimum Viable Product (MVP)
The 1 Week Minimum Viable Product (MVP)Alexis Roqué
 
Building B2B Minimum Viable Products (MVP)
Building B2B Minimum Viable Products (MVP)Building B2B Minimum Viable Products (MVP)
Building B2B Minimum Viable Products (MVP)
Totango
 
Finding Product Market Fit
Finding Product Market FitFinding Product Market Fit
Finding Product Market Fit
Scott Bales
 
Minimum Viable Product
Minimum Viable ProductMinimum Viable Product
Minimum Viable ProductEric Ries
 
Build A Minimum Viable Product PowerPoint Presentation Slides
Build A Minimum Viable Product PowerPoint Presentation Slides Build A Minimum Viable Product PowerPoint Presentation Slides
Build A Minimum Viable Product PowerPoint Presentation Slides
SlideTeam
 
NeDeNa Lean Startup lean talk Barcelona 24.1.2019 -Björn Ühss
NeDeNa Lean Startup lean talk Barcelona 24.1.2019 -Björn ÜhssNeDeNa Lean Startup lean talk Barcelona 24.1.2019 -Björn Ühss
NeDeNa Lean Startup lean talk Barcelona 24.1.2019 -Björn Ühss
Björn Ühss (500+) ★ Bjoern Uehss
 
Shannon Kelly: #MOC with VWO
Shannon Kelly: #MOC with VWOShannon Kelly: #MOC with VWO
Shannon Kelly: #MOC with VWO
VWO
 
Intro to Lean Startup - Women's Startup Lab April 2015
Intro to Lean Startup - Women's Startup Lab April 2015Intro to Lean Startup - Women's Startup Lab April 2015
Intro to Lean Startup - Women's Startup Lab April 2015
Kevin Shutta
 

What's hot (20)

A Playbook for Achieving Product-Market Fit
A Playbook for Achieving Product-Market FitA Playbook for Achieving Product-Market Fit
A Playbook for Achieving Product-Market Fit
 
10 steps to product/market fit
10 steps to product/market fit10 steps to product/market fit
10 steps to product/market fit
 
Lean Startup Key Concepts Overview
Lean Startup Key Concepts OverviewLean Startup Key Concepts Overview
Lean Startup Key Concepts Overview
 
Emotional Product Management by LinkedIn Sr PM
Emotional Product Management by LinkedIn Sr PMEmotional Product Management by LinkedIn Sr PM
Emotional Product Management by LinkedIn Sr PM
 
How to build_a_successful_mvp_lean-302
How to build_a_successful_mvp_lean-302How to build_a_successful_mvp_lean-302
How to build_a_successful_mvp_lean-302
 
Intro to Lean Startup and Customer Discovery for Agilists
Intro to Lean Startup and Customer Discovery for AgilistsIntro to Lean Startup and Customer Discovery for Agilists
Intro to Lean Startup and Customer Discovery for Agilists
 
Quick Left - Lean MVP Deck
Quick Left - Lean MVP DeckQuick Left - Lean MVP Deck
Quick Left - Lean MVP Deck
 
Customer development and Agile development
Customer development and Agile developmentCustomer development and Agile development
Customer development and Agile development
 
How To Scale Your Product Through Experimentation w/ Milena Court, Product Ma...
How To Scale Your Product Through Experimentation w/ Milena Court, Product Ma...How To Scale Your Product Through Experimentation w/ Milena Court, Product Ma...
How To Scale Your Product Through Experimentation w/ Milena Court, Product Ma...
 
Apps monetization
Apps monetizationApps monetization
Apps monetization
 
The First 2 Steps to the Epiphany: Customer Discovery, Customer Validation an...
The First 2 Steps to the Epiphany: Customer Discovery, Customer Validation an...The First 2 Steps to the Epiphany: Customer Discovery, Customer Validation an...
The First 2 Steps to the Epiphany: Customer Discovery, Customer Validation an...
 
Eric Ries, Author/Speaker/Consultant, The Lean Startup
Eric Ries, Author/Speaker/Consultant, The Lean StartupEric Ries, Author/Speaker/Consultant, The Lean Startup
Eric Ries, Author/Speaker/Consultant, The Lean Startup
 
The 1 Week Minimum Viable Product (MVP)
The 1 Week Minimum Viable Product (MVP)The 1 Week Minimum Viable Product (MVP)
The 1 Week Minimum Viable Product (MVP)
 
Building B2B Minimum Viable Products (MVP)
Building B2B Minimum Viable Products (MVP)Building B2B Minimum Viable Products (MVP)
Building B2B Minimum Viable Products (MVP)
 
Finding Product Market Fit
Finding Product Market FitFinding Product Market Fit
Finding Product Market Fit
 
Minimum Viable Product
Minimum Viable ProductMinimum Viable Product
Minimum Viable Product
 
Build A Minimum Viable Product PowerPoint Presentation Slides
Build A Minimum Viable Product PowerPoint Presentation Slides Build A Minimum Viable Product PowerPoint Presentation Slides
Build A Minimum Viable Product PowerPoint Presentation Slides
 
NeDeNa Lean Startup lean talk Barcelona 24.1.2019 -Björn Ühss
NeDeNa Lean Startup lean talk Barcelona 24.1.2019 -Björn ÜhssNeDeNa Lean Startup lean talk Barcelona 24.1.2019 -Björn Ühss
NeDeNa Lean Startup lean talk Barcelona 24.1.2019 -Björn Ühss
 
Shannon Kelly: #MOC with VWO
Shannon Kelly: #MOC with VWOShannon Kelly: #MOC with VWO
Shannon Kelly: #MOC with VWO
 
Intro to Lean Startup - Women's Startup Lab April 2015
Intro to Lean Startup - Women's Startup Lab April 2015Intro to Lean Startup - Women's Startup Lab April 2015
Intro to Lean Startup - Women's Startup Lab April 2015
 

Similar to How to frame a business challenge for innovation teams

Sote ICT Business Ideas Competition 2017 Manual
Sote ICT Business Ideas Competition 2017 ManualSote ICT Business Ideas Competition 2017 Manual
Sote ICT Business Ideas Competition 2017 Manual
Sote ICT
 
The Garage Group on Bringing the Outside In: Collaborating with External Stak...
The Garage Group on Bringing the Outside In: Collaborating with External Stak...The Garage Group on Bringing the Outside In: Collaborating with External Stak...
The Garage Group on Bringing the Outside In: Collaborating with External Stak...
The Garage Group
 
PM Skills & Toolkit for Driving Customer-Focused Teams
PM Skills & Toolkit for Driving Customer-Focused TeamsPM Skills & Toolkit for Driving Customer-Focused Teams
PM Skills & Toolkit for Driving Customer-Focused Teams
Product School
 
How to Build and Finance Very Successful Start Ups the coming 10 years
How to Build and Finance Very  Successful  Start Ups the coming 10 yearsHow to Build and Finance Very  Successful  Start Ups the coming 10 years
How to Build and Finance Very Successful Start Ups the coming 10 yearsMike Mastroyiannis
 
Idea to Success, a Guide for First Time Entrepreneurs
Idea to Success, a Guide for First Time EntrepreneursIdea to Success, a Guide for First Time Entrepreneurs
Idea to Success, a Guide for First Time Entrepreneurs
Gaurav Oberoi
 
Vision & Strategy Product Launch Workbook Ipi
Vision & Strategy Product Launch Workbook IpiVision & Strategy Product Launch Workbook Ipi
Vision & Strategy Product Launch Workbook Ipi
InflectionPointInc
 
Launching a New Product in Established Company by Microsoft PM Dir
Launching a New Product in Established Company by Microsoft PM DirLaunching a New Product in Established Company by Microsoft PM Dir
Launching a New Product in Established Company by Microsoft PM Dir
Product School
 
Intro to Lean Sales Training talk for Startups and Engineers
Intro to Lean Sales Training talk for Startups and EngineersIntro to Lean Sales Training talk for Startups and Engineers
Intro to Lean Sales Training talk for Startups and Engineers
Walter Roth
 
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
FA Michael Odiembo
 
Understanding product development economics - why it matters?
Understanding product development economics - why it matters?Understanding product development economics - why it matters?
Understanding product development economics - why it matters?
Contribyte
 
Maturity Model For Internet Marketing Strategy
Maturity Model For Internet Marketing StrategyMaturity Model For Internet Marketing Strategy
Maturity Model For Internet Marketing Strategy
Michael Galo
 
Hands- on Social Media 7: Building And Selling Social Strategy
Hands- on Social Media 7: Building And Selling Social StrategyHands- on Social Media 7: Building And Selling Social Strategy
Hands- on Social Media 7: Building And Selling Social Strategyagencyside
 
E2Tech4Cities_event - evaluation criteria
E2Tech4Cities_event - evaluation criteriaE2Tech4Cities_event - evaluation criteria
E2Tech4Cities_event - evaluation criteriaElena Angiolini
 
Guiding Documents for Assignments 1 to 5 - YUKTI Innovation Challenge 2023.pptx
Guiding Documents for Assignments 1 to 5 - YUKTI Innovation Challenge 2023.pptxGuiding Documents for Assignments 1 to 5 - YUKTI Innovation Challenge 2023.pptx
Guiding Documents for Assignments 1 to 5 - YUKTI Innovation Challenge 2023.pptx
Saraswathi79
 
Enterprise Skills
Enterprise SkillsEnterprise Skills
Enterprise Skills
Graham Royce
 
How to Excite Your Executives About Online Community!
How to Excite Your Executives About Online Community!How to Excite Your Executives About Online Community!
How to Excite Your Executives About Online Community!
Leader Networks
 
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
Erin Murphy
 
Wittmayer. from idea to product pcmn (1)
Wittmayer. from idea to product pcmn (1)Wittmayer. from idea to product pcmn (1)
Wittmayer. from idea to product pcmn (1)
ProductCamp Minnesota
 
Connect-a-Mater:The One Stop Solution for your Career
Connect-a-Mater:The One Stop Solution for your CareerConnect-a-Mater:The One Stop Solution for your Career
Connect-a-Mater:The One Stop Solution for your Career
Nilav Patro
 

Similar to How to frame a business challenge for innovation teams (20)

Sote ICT Business Ideas Competition 2017 Manual
Sote ICT Business Ideas Competition 2017 ManualSote ICT Business Ideas Competition 2017 Manual
Sote ICT Business Ideas Competition 2017 Manual
 
The Garage Group on Bringing the Outside In: Collaborating with External Stak...
The Garage Group on Bringing the Outside In: Collaborating with External Stak...The Garage Group on Bringing the Outside In: Collaborating with External Stak...
The Garage Group on Bringing the Outside In: Collaborating with External Stak...
 
PM Skills & Toolkit for Driving Customer-Focused Teams
PM Skills & Toolkit for Driving Customer-Focused TeamsPM Skills & Toolkit for Driving Customer-Focused Teams
PM Skills & Toolkit for Driving Customer-Focused Teams
 
How to Build and Finance Very Successful Start Ups the coming 10 years
How to Build and Finance Very  Successful  Start Ups the coming 10 yearsHow to Build and Finance Very  Successful  Start Ups the coming 10 years
How to Build and Finance Very Successful Start Ups the coming 10 years
 
Idea to Success, a Guide for First Time Entrepreneurs
Idea to Success, a Guide for First Time EntrepreneursIdea to Success, a Guide for First Time Entrepreneurs
Idea to Success, a Guide for First Time Entrepreneurs
 
Vision & Strategy Product Launch Workbook Ipi
Vision & Strategy Product Launch Workbook IpiVision & Strategy Product Launch Workbook Ipi
Vision & Strategy Product Launch Workbook Ipi
 
Target partner profiles 2019
Target partner profiles 2019Target partner profiles 2019
Target partner profiles 2019
 
Launching a New Product in Established Company by Microsoft PM Dir
Launching a New Product in Established Company by Microsoft PM DirLaunching a New Product in Established Company by Microsoft PM Dir
Launching a New Product in Established Company by Microsoft PM Dir
 
Intro to Lean Sales Training talk for Startups and Engineers
Intro to Lean Sales Training talk for Startups and EngineersIntro to Lean Sales Training talk for Startups and Engineers
Intro to Lean Sales Training talk for Startups and Engineers
 
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
317589235-e-Types-Strategy-Formulation-GL-v1-0.pdf
 
Understanding product development economics - why it matters?
Understanding product development economics - why it matters?Understanding product development economics - why it matters?
Understanding product development economics - why it matters?
 
Maturity Model For Internet Marketing Strategy
Maturity Model For Internet Marketing StrategyMaturity Model For Internet Marketing Strategy
Maturity Model For Internet Marketing Strategy
 
Hands- on Social Media 7: Building And Selling Social Strategy
Hands- on Social Media 7: Building And Selling Social StrategyHands- on Social Media 7: Building And Selling Social Strategy
Hands- on Social Media 7: Building And Selling Social Strategy
 
E2Tech4Cities_event - evaluation criteria
E2Tech4Cities_event - evaluation criteriaE2Tech4Cities_event - evaluation criteria
E2Tech4Cities_event - evaluation criteria
 
Guiding Documents for Assignments 1 to 5 - YUKTI Innovation Challenge 2023.pptx
Guiding Documents for Assignments 1 to 5 - YUKTI Innovation Challenge 2023.pptxGuiding Documents for Assignments 1 to 5 - YUKTI Innovation Challenge 2023.pptx
Guiding Documents for Assignments 1 to 5 - YUKTI Innovation Challenge 2023.pptx
 
Enterprise Skills
Enterprise SkillsEnterprise Skills
Enterprise Skills
 
How to Excite Your Executives About Online Community!
How to Excite Your Executives About Online Community!How to Excite Your Executives About Online Community!
How to Excite Your Executives About Online Community!
 
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
4.02.09 Teleclass Doing Your Best Marketing In The Worst Of Times
 
Wittmayer. from idea to product pcmn (1)
Wittmayer. from idea to product pcmn (1)Wittmayer. from idea to product pcmn (1)
Wittmayer. from idea to product pcmn (1)
 
Connect-a-Mater:The One Stop Solution for your Career
Connect-a-Mater:The One Stop Solution for your CareerConnect-a-Mater:The One Stop Solution for your Career
Connect-a-Mater:The One Stop Solution for your Career
 

More from Franck Debane

A few things about feedback
A few things about feedbackA few things about feedback
A few things about feedback
Franck Debane
 
Problem Interview exercice for OCTO meetup
Problem Interview exercice for OCTO meetupProblem Interview exercice for OCTO meetup
Problem Interview exercice for OCTO meetup
Franck Debane
 
Business Agility and Luxury Companies: The Burberry Case
Business Agility and Luxury Companies: The Burberry CaseBusiness Agility and Luxury Companies: The Burberry Case
Business Agility and Luxury Companies: The Burberry Case
Franck Debane
 
De l'idée au produit: Lean Startup Telecom ParisTech Workshop #3
De l'idée au produit: Lean Startup Telecom ParisTech Workshop #3De l'idée au produit: Lean Startup Telecom ParisTech Workshop #3
De l'idée au produit: Lean Startup Telecom ParisTech Workshop #3Franck Debane
 
Crowdfunding overview
Crowdfunding overviewCrowdfunding overview
Crowdfunding overviewFranck Debane
 
De l'idee au produit - workshop for Telecom ParisTech
De l'idee au produit - workshop for Telecom ParisTechDe l'idee au produit - workshop for Telecom ParisTech
De l'idee au produit - workshop for Telecom ParisTechFranck Debane
 
Digital marketing overview for EBS
Digital marketing overview for EBSDigital marketing overview for EBS
Digital marketing overview for EBS
Franck Debane
 

More from Franck Debane (7)

A few things about feedback
A few things about feedbackA few things about feedback
A few things about feedback
 
Problem Interview exercice for OCTO meetup
Problem Interview exercice for OCTO meetupProblem Interview exercice for OCTO meetup
Problem Interview exercice for OCTO meetup
 
Business Agility and Luxury Companies: The Burberry Case
Business Agility and Luxury Companies: The Burberry CaseBusiness Agility and Luxury Companies: The Burberry Case
Business Agility and Luxury Companies: The Burberry Case
 
De l'idée au produit: Lean Startup Telecom ParisTech Workshop #3
De l'idée au produit: Lean Startup Telecom ParisTech Workshop #3De l'idée au produit: Lean Startup Telecom ParisTech Workshop #3
De l'idée au produit: Lean Startup Telecom ParisTech Workshop #3
 
Crowdfunding overview
Crowdfunding overviewCrowdfunding overview
Crowdfunding overview
 
De l'idee au produit - workshop for Telecom ParisTech
De l'idee au produit - workshop for Telecom ParisTechDe l'idee au produit - workshop for Telecom ParisTech
De l'idee au produit - workshop for Telecom ParisTech
 
Digital marketing overview for EBS
Digital marketing overview for EBSDigital marketing overview for EBS
Digital marketing overview for EBS
 

Recently uploaded

Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
seoforlegalpillers
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
tjcomstrang
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
dylandmeas
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
anasabutalha2013
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
 
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
PaulBryant58
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 
chapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxationchapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxation
AUDIJEAngelo
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
marketingjdass
 
Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed Guide
YourLegal Accounting
 
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deckPitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
HajeJanKamps
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 

Recently uploaded (20)

Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf20240425_ TJ Communications Credentials_compressed.pdf
20240425_ TJ Communications Credentials_compressed.pdf
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...Discover the innovative and creative projects that highlight my journey throu...
Discover the innovative and creative projects that highlight my journey throu...
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
 
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
chapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxationchapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxation
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 
Filing Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed GuideFiling Your Delaware Franchise Tax A Detailed Guide
Filing Your Delaware Franchise Tax A Detailed Guide
 
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deckPitch Deck Teardown: RAW Dating App's $3M Angel deck
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 

How to frame a business challenge for innovation teams

  • 1. How to frame business challenges for Innovation teams Paris, April 10th
  • 2. Olivier Eudeline Head of Innovation Franck Debane Innovation Thinker Innovation Agency
  • 3. Innovation Team? 1. Cross functional teams with dedicated time 2. Autonomous to make their own decisions 3. Has access to customers to run experiments 4. Self-selected and motivated by the opportunity
  • 4. Innovation Team, please! I want a chat bot! Please tell me what we should do can do with big data? Can we bring AI/blockchain in? Find an innovative solutions to double our sales Please improve our customer experience Please find the next disruptive business model! How to increase our market share in the silver economy via Google Home? Work on how to bring this new product to market
  • 5. Problem for Mr Innovation Unclear request Poor internal alignment on what is needed No frame from the sponsor => unclear impact from delivery No definition of success
  • 6. 1. Challenge is “please build this” a. ex: I want a chatbot! b. ex: we need an iphone app that allows users to exchange used furnitures = Project 2. Challenge is vague/broad a. ex: big data / machine learning for our business b. ex: as-a-service business model 3. Challenge is a Business Problem a. ex: reduce cost of installation by 50% b. ex: how can the purchasing department be more efficient 4. Challenge is Customer Problem a. ex: how can we help your customer spend less 5. Challenge is #$%@! a. ex: impossible too many constraints: technology/product defined without clear segment b. ex: increase our market share on 3 different products c. Too many constraints or goals Request come in different shapes
  • 7. What the team needs to function 1. Why does this matter? What value will it bring to the business? 2. Clear objective and measurable business objective (AARRR) 3. Who is the customer, who are we trying to bring value to? (as a starting point) 4. What means do we have? Time, money and resources? and a mandate!
  • 8. Translate the request into something workable Challenge is “please build this” ● Zoom out => ask about the business objective behind the tool Challenge is vague/broad ● Zoom in => bring knowledge to generate concepts Challenge is a Business Problem ● Business Focus => what’s the customer value? Challenge is Customer Problem ● Customer Focus => what is the business value and metric? Challenge is #$%@! ● Too many constrain / too many goals => Split it!
  • 9. Tools to Frame Business Challenges Business Challenge Template Exploration workshop
  • 10. Business Challenge Template Align stakeholders on the expected business outcomes Define the goal and playing field for the team Business Challenge Template
  • 11. What problem do we want to solve What problem does the team need to solve? Increase our market share in electricity business What will be the ideal situation if the problem was solved? More customer subscribing to our electricity offer. Which metric can we measure that will tell us the problem is solved? Acquisition and Activation. New customers subscribing. © Franck Debane 2019 - All right reserved
  • 12. What we know: context and situation ● Why is this important? (strategic alignment) ● Why is this a problem today? Knowledge for the team: Context the team needs to know before starting. What has been tried before? What does the team needs to know to save time? What extra knowledge do we need? © Franck Debane 2019 - All right reserved
  • 13. Which customers Who are the customers, user and partners and stakeholders to consider in this problem? Students: 18-25 years old moving places. What constraints does the team needs to know? Keeping the same price and rates. CAC should not increase. © Franck Debane 2019 - All right reserved
  • 14. What resources and support What resources does the team have to test solutions for this problem? 5.000 euros, 3 months Internal Designers Who in the company can provide support for the team (access to resources or information) Web Marketing expert: Robert Blue Social Media team © Franck Debane 2019 - All right reserved
  • 15. Business Challenge Template What problem do we want to solve What we know Which customers What resources and support © Franck Debane 2019 - All right reserved
  • 16. Exploration workshop Problem mapping / Customer Journey Knowledge Transfer Ideation for solutions Pitch or Canvas Prototyping Vague/Broad =>
  • 17. Framing the challenge for the team - why? Align and embark sponsor and stakeholder into the project Structure the expectations between the sponsor and the team The team will refine the challenge, but you made it easy for them Give boundaries and the flexibility for the team to pivot A shared definition of success