Industry foresight is an understanding of emerging trends, drivers, opportunities, and disruptions within a market or industry. It allows companies to establish strategies that leverage future trends to gain a competitive advantage. Strategic innovation is created at the intersection of industry foresight, customer insight, and strategic alignment across an organization. An effective process monitors triggers in the external environment, engages thought leaders, and brings together these three elements to identify new opportunities like products, services, business models, and markets.
Tvs motors summer internship report a study on customer satisfaction towards ...Priyansh Kesarwani
A study on Customer satisfaction towards TVS Motors in Kanpur City
Objective of the study:
• To know the customer satisfaction level towards services of TVS Motors.
• To know the problems presently faced by the customers at TVS Motors.
• To study the post-sales service performance.
• To know the new area of improvement.
M.B.A sem 2 report in this report i have completed all subject related topic like
marketing :- 4'p
financial management:- working capital and leverage
quantitative analysis :- transportation problem sum
management information system:- hardware and networks related information
human resource management :- h.r planing and hr performance appraisal
cost accounting :- cost control & cost reduction
production of management :- layout & process etc..
Tvs motors summer internship report a study on customer satisfaction towards ...Priyansh Kesarwani
A study on Customer satisfaction towards TVS Motors in Kanpur City
Objective of the study:
• To know the customer satisfaction level towards services of TVS Motors.
• To know the problems presently faced by the customers at TVS Motors.
• To study the post-sales service performance.
• To know the new area of improvement.
M.B.A sem 2 report in this report i have completed all subject related topic like
marketing :- 4'p
financial management:- working capital and leverage
quantitative analysis :- transportation problem sum
management information system:- hardware and networks related information
human resource management :- h.r planing and hr performance appraisal
cost accounting :- cost control & cost reduction
production of management :- layout & process etc..
John Mullins, Associate Professor of Management Practice in Marketing and Entrepreneurship, presents a toolkit for assessing and shaping market opportunities and a better way for entrepreneurs to assess the adequacy of what they bring to the table as
individuals and as a team. These seven domains address the central elements in the assessment of any market opportunity.
This was first published in Business Strategy Review, Volume 25, Issue 2 - 2014. Subscribe today to receive your quarterly copy delivered to your home or work place. http://bit.ly/BSR-subscribe
Strategy Implementation, Strategic Analysis, Strategic analysis process, Strategic Choice, Steps in strategic choice, Factors affecting Strategic Choice, objective factors, subjective factors, Tools and Techniques of Strategic Analysis, The Boston Consulting Group (BCG) Matrix, GE Planning Grid, GE 9 Cell, Strategic Decisions, Invest, Protect, Harvest, Market Attractiveness , Competitive Strength, Industry Structure Analysis – The Life-Cycle MODEL, Porters 5 Force Model, Competitive advantage, PESTLE and Porter’s Five Forces Analysis, The McKinsey 7 – S Framework, VRIO Analysis, VRIO of H&M, Value Chain, Benchmarking, Mergers and acquisitions (M&A)
In the search to find the winning formula, managing innovation is based on hard work and reliable data, not entirely on the practice, recognizing necessary but sufficient conditions and context. A set of propositions potentially lay the foundation for a review of the existing basis for measuring performance and success in delivering towards shareholder expectations in today’s knowledge era – however, how does existing concepts, methods, approaches, models, practices and theoretical constructs support investment decision-making for achieving maximum shareholder value and sustained business success, recognizing your specific business context, whether starting up, growing, mature or in turn-around.
John Mullins, Associate Professor of Management Practice in Marketing and Entrepreneurship, presents a toolkit for assessing and shaping market opportunities and a better way for entrepreneurs to assess the adequacy of what they bring to the table as
individuals and as a team. These seven domains address the central elements in the assessment of any market opportunity.
This was first published in Business Strategy Review, Volume 25, Issue 2 - 2014. Subscribe today to receive your quarterly copy delivered to your home or work place. http://bit.ly/BSR-subscribe
Strategy Implementation, Strategic Analysis, Strategic analysis process, Strategic Choice, Steps in strategic choice, Factors affecting Strategic Choice, objective factors, subjective factors, Tools and Techniques of Strategic Analysis, The Boston Consulting Group (BCG) Matrix, GE Planning Grid, GE 9 Cell, Strategic Decisions, Invest, Protect, Harvest, Market Attractiveness , Competitive Strength, Industry Structure Analysis – The Life-Cycle MODEL, Porters 5 Force Model, Competitive advantage, PESTLE and Porter’s Five Forces Analysis, The McKinsey 7 – S Framework, VRIO Analysis, VRIO of H&M, Value Chain, Benchmarking, Mergers and acquisitions (M&A)
In the search to find the winning formula, managing innovation is based on hard work and reliable data, not entirely on the practice, recognizing necessary but sufficient conditions and context. A set of propositions potentially lay the foundation for a review of the existing basis for measuring performance and success in delivering towards shareholder expectations in today’s knowledge era – however, how does existing concepts, methods, approaches, models, practices and theoretical constructs support investment decision-making for achieving maximum shareholder value and sustained business success, recognizing your specific business context, whether starting up, growing, mature or in turn-around.
Michael Reilly - Learning to rhyme: reflections on foresightSTEPS Centre
Presentation at the STEPS Conference 2010 - Pathways to Sustainability: Agendas for a new politics of environment, development and social justice
http://www.steps-centre.org/events/stepsconference2010.html
Innovaro’s Trend and Foresight group specializes in the integration of foresight, strategy, and innovation. We deliver timely and provocative technology and consumer foresight research to Fortune 500 and government organizations, helping them look 5, 10, or even 25 years into the future.
Simply put, we help our clients build the capacity to understand and influence the future.
Gain awareness of the future
Uncover new market opportunities
Identify global consumer trends
Learn about impactful emerging technologies
Understand driving forces shaping the future
Gain a long-range perspective for planning
What has happened to Foresight in the UK?Ian Miles
The UK Foresight Programme has been widely lauded. But how is it valued by the current government? This presentation examines trends in the Programme, which suggest that forebodings expressed in 2010 have proved accurate.
Trends for strategic foresight - Cristina FerrazCristina Ferraz
Struggling to navigate disruption? Here's how trends can help you.
Trend analysis has been increasingly winning a space in current business strategy as a methodology to provide qualitative insights that help identify new horizons and changing values.
Trend analysis helps adapt to fast-changing times and reinforce a leadership position in the market by guiding innovation from vision to downstream. Adding trend knowledge to any business toolkit gives strategic advantage to your proposition and promotes disruptive innovation. Trend foresight helps us discover emerging consumer behaviours and needs, spot qualitative growth opportunities, create vision landscapes on a determined subject, define critical emerging drivers shaping the future of industry and enrich decision-making from a qualitative and intuitive perspective.
Foresight 2020 study has been made by utilizing the methodology of future studies complemented with over 100 interviews covering the spectrum of our customers’ industries. See here the industry trends and scenarios.
Cross industry innovation toolkit: 50 inspiring companies and industries you ...Marc Heleven
50 inspiring companies and industries you can learn from.
'cross-industry innovations' refers to innovations that come about by applying cross- industry analogies or by transferring approaches from one industry to another.
GETTING STARTED WITH MERGENTACCESSING MERGENT1 Go to tMatthewTennant613
GETTING STARTED WITH MERGENT
ACCESSING MERGENT
1 Go to the Library Homepage(access through Course Homepage or Student Portal)
2 Click “Find Articles & More”
3 Select “Databases by Subject”
4 Select “Business & Economics”
5 Select “Mergent”
RESEARCHING MERGENT
1 Enter the company name or ticker symbol
2 Select your company from the search results
3 Locate important information
}
}
Contact
information
Key
Figures
}
Company
information
in tabs
4 Select reports and download
5 Citation Format
Author. (year). Title of Document. Retrieved from name of database.
Examples:
Mergent. (2016). Acadia Healthcare Annual Report. Retrieved from Mergent Online database.
Mergent. (2017). Acadia Healthcare Company Details. Retrieved from Mergent Online database.
Mergent. (2017). Acadia Healthcare Company Financials. Retrieved from Mergent Online database.
LIBRARY
ASHFORD UNIVERSITY
October 2017
BUSINESS INSIGHTS: GLOBAL
Accessing Business Insights: Global
Watch a short video to
learn more about what this
resource has to offer,
including:
company information
industry information
data visualization tools
case studies
a business glossary
Go to the Library Homepage
(access through Course Homepage or Student Portal)
Click “Find Articles & More”
Select “Databases by Subject”
Select “Business & Economics”
Select “Business Insights: Global (Gale)”
1
2
3
4
5
https://www.youtube.com/watch?v=aXAKj6lQICg
Researching Business Insights: Global
1 Enter the company name or ticker symbol
2 Select your company from the search results
3 Locate important information
}Contact information
} CompanyInformation
Key
Figures}
4 Limit to Full Text
5 View Full Text
6
Share, save, print, download, or cite*
*always double-check database citations. For citation information, go to writingcenter.ashford.edu
LIBRARY
ASHFORD UNIVERSITY
November 2017
http://writingcenter.ashford.edu/
External Environmental
Analysis
Learning Objectives
By the time you have completed this chapter, you should be able to do the following:
• Conduct an industry and competitive analysis and understand why it is important.
• Conduct a market analysis and understand why it is important.
• Scan the general environment for any changes or trends that might favor or adversely affect the company.
4
Belinda Images / SuperStock
CHAPTER 4Section 4.1 Industry and Competitive Analysis
Chapter Outline
4.1 Industry and Competitive Analysis
4.2 Market Analysis
4.3 Environmental-Trend Analysis
An analysis of the external environment covers the industry or segment in which the company
competes, its competitors, markets, and other relevant environmental trends and changes. The
purpose is to understand how the company’s relevant environment is changing and might change
in the future—in this sense, “relevant” means anything the company might affect or could be
affected by. Without such an understanding, doing strategic planning becom ...
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Welocme to ViralQR, your best QR code generator.ViralQR
Welcome to ViralQR, your best QR code generator available on the market!
At ViralQR, we design static and dynamic QR codes. Our mission is to make business operations easier and customer engagement more powerful through the use of QR technology. Be it a small-scale business or a huge enterprise, our easy-to-use platform provides multiple choices that can be tailored according to your company's branding and marketing strategies.
Our Vision
We are here to make the process of creating QR codes easy and smooth, thus enhancing customer interaction and making business more fluid. We very strongly believe in the ability of QR codes to change the world for businesses in their interaction with customers and are set on making that technology accessible and usable far and wide.
Our Achievements
Ever since its inception, we have successfully served many clients by offering QR codes in their marketing, service delivery, and collection of feedback across various industries. Our platform has been recognized for its ease of use and amazing features, which helped a business to make QR codes.
Our Services
At ViralQR, here is a comprehensive suite of services that caters to your very needs:
Static QR Codes: Create free static QR codes. These QR codes are able to store significant information such as URLs, vCards, plain text, emails and SMS, Wi-Fi credentials, and Bitcoin addresses.
Dynamic QR codes: These also have all the advanced features but are subscription-based. They can directly link to PDF files, images, micro-landing pages, social accounts, review forms, business pages, and applications. In addition, they can be branded with CTAs, frames, patterns, colors, and logos to enhance your branding.
Pricing and Packages
Additionally, there is a 14-day free offer to ViralQR, which is an exceptional opportunity for new users to take a feel of this platform. One can easily subscribe from there and experience the full dynamic of using QR codes. The subscription plans are not only meant for business; they are priced very flexibly so that literally every business could afford to benefit from our service.
Why choose us?
ViralQR will provide services for marketing, advertising, catering, retail, and the like. The QR codes can be posted on fliers, packaging, merchandise, and banners, as well as to substitute for cash and cards in a restaurant or coffee shop. With QR codes integrated into your business, improve customer engagement and streamline operations.
Comprehensive Analytics
Subscribers of ViralQR receive detailed analytics and tracking tools in light of having a view of the core values of QR code performance. Our analytics dashboard shows aggregate views and unique views, as well as detailed information about each impression, including time, device, browser, and estimated location by city and country.
So, thank you for choosing ViralQR; we have an offer of nothing but the best in terms of QR code services to meet business diversity!
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™UiPathCommunity
In questo evento online gratuito, organizzato dalla Community Italiana di UiPath, potrai esplorare le nuove funzionalità di Autopilot, il tool che integra l'Intelligenza Artificiale nei processi di sviluppo e utilizzo delle Automazioni.
📕 Vedremo insieme alcuni esempi dell'utilizzo di Autopilot in diversi tool della Suite UiPath:
Autopilot per Studio Web
Autopilot per Studio
Autopilot per Apps
Clipboard AI
GenAI applicata alla Document Understanding
👨🏫👨💻 Speakers:
Stefano Negro, UiPath MVPx3, RPA Tech Lead @ BSP Consultant
Flavio Martinelli, UiPath MVP 2023, Technical Account Manager @UiPath
Andrei Tasca, RPA Solutions Team Lead @NTT Data
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdfPaige Cruz
Monitoring and observability aren’t traditionally found in software curriculums and many of us cobble this knowledge together from whatever vendor or ecosystem we were first introduced to and whatever is a part of your current company’s observability stack.
While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
I, a former op, would like to extend an invitation to all application developers to join the observability party will share these foundational concepts to build on:
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
1. Industry Foresight as a Driver
of Strategic Innovation
Understanding Emerging Trends
for Business Growth
1
1
2. The Challenge of Foresight
2
While it’s impossible to forecast the future, it is possible to make a series of opinions
about the future, and test these opinions against future scenarios that are grounded in
an understanding of emerging and converging industry trends. Without a creative
view of the future, companies are limited by the strategies and opportunities of the
past.
2
3. What is Industry Foresight?
• Industry Foresight represents a deep understanding
of the emerging trends, drivers, inhibitors, potential
dislocations, and emerging opportunities within a
market, industry or set of converging markets and
industries
• Organizations that possess Industry Foresight are
better positioned to establish a strategy that leverages
future trends – and even helps define them – to create
a leadership position in the marketplace
3
3
4. Industry Foresight as a Capability
• Gaining and applying Industry Foresight is a continuous
activity that requires an organization to:
• Engage in processes that define an explicit linkage between the
evolving external environment, potential growth opportunities, and
business strategies/tactics
• Create an ongoing capability for tracking and quickly responding to
positive or potentially detrimental changes in the competitive business
environment
• View “Opportunity Planning” as an ongoing process, rather than as an
annual event, such as “Strategic Planning”)
4
4
5. Environmental Forces
Market Forces Economic Conditions Technological Forces
Specific customer wants and needs, Macro (GNP, trade, inflation), Emerging technologies,
shopping and distribution Micro (wages, consumer technological infrastructure,
preferences, spending habits... spending), regional variation... breakthroughs, R&D trends...
Demographic Patterns International Relations Competition
Aging trends, family/household Levels of conflict and wars, trade New competition, industry
composition, labor force and protectionism, monetary structure, product substitutes,
composition, immigration... systems and exchange rates... alliances, acquisitions...
Social/Lifestyle Factors Political & Regulatory Value Chain Factors
Consumer values, psychographic Geopolitical trends, policy shifts, Supply chains, logistics,
profiles, education levels, social government projects, deficits, emerging distribution channels,
issues, lifestyle trends... emerging policies and regulations... key differentiators...
Physical Environment Natural Resources Wild Cards
Air/water/land pollution trends, Energy prices and availability, Surprise forces with major impact,
environmental protection trends, raw materials supplies, lower probability but significant
global warming effects... resource usage trends... consequences...
5
The world of meteorology provides a compelling analogy. The ongoing monitoring of
a complex, intertwined set of environmental forces allows us to forecast how they may
collide to impact our lives in terms of the weather.
Similarly, visionary organizations establish a process for monitoring the complex
interplay of trends that may potentially impact their business.
While it’s not possible or necessary to rigorously monitor the entire spectrum of
business drivers trends, it is essential to develop an awareness of the key forces that
could impact your industry. Doing so enables an organization both to avert threats to
the existing business and to identify potential market opportunities that may arise
when industry trends converge. Equally critical is creating the capability and a
mechanism for tracking trends, and building this intelligence into the ongoing strategic
planning and corporate development processes.
5
6. Monitoring Industry Shifts through Triggers
• A “trigger” is an external event that represents an early
warning signal – an indicator that the environment is
shifting and that new strategies may be required to
achieve (or maintain) competitive advantage
• May involve specific events (e.g., Competitive consolidation – IBM
purchases PriceWaterhouseCoopers)
• May involve measurable thresholds (e.g., half of all US households
have DVD players)
• Some triggers may be company specific (e.g., an increase in orders
of a specific product) while others may be visible to the world (e.g.,
new or anticipated government regulations)
6
By building a capability to monitor “triggers” that have direct significance to one’s own
organization, markets, customers, and industry, it becomes possible to more quickly
adapt and respond to shifts in the external environment.
6
7. Who are the Thought Leaders in your Industry?
• By tapping the knowledge of industry Thoughts
Leaders, it becomes possible to develop a set of future
scenarios from the very people who are driving the
future
• Company Executives • Government Advisors
• Industry Analysts • Expert Witnesses
• Industry Observers and Writers • Board Members
• Think Tanks and Visionaries • Consultants
• Educators/Academics • “Cultural Creatives”
7
Thought Leaders are the best source of Industry Foresight. There are several ways to
involve them. These include: interviews, surveys, modified focus groups and “Thought
Leader Panels”.
While one approach is to meet with Thought Leaders on a one-at-a-time basis, a far
more powerful method is to orchestrate interactions between them in a managed
forum. Successfully managing the synergy between Thought Leaders is where
breakthrough opportunities are often identified.
7
8. Strategic Innovation: Key Elements
• Strategic
Innovation is Industry Foresight Customer Insight
created at the • Non-traditional • Non-traditional
intersection of foresight techniques customer
reveal emerging trends engagement
Industry Foresight, and drive speculation techniques reveal
Customer Insight around alternative unarticulated
futures and disruptive insights
and Strategic opportunities Strategic
Alignment Innovation
Strategic Alignment
• Cross-functional
understanding of emerging
trends, customer needs and
potential opportunities
• Alignment around strategic
direction & implementation
requirements
8
•Industry Foresight is one of three core elements within a holistic approach to opportunity
planning.
•Traditional strategy development is limited -- and often delivers uninspired, incremental results.
•Conversely, Strategic Innovation is created at the intersection of Industry Foresight, Customer
Insight and Strategic Alignment.
8
9. Framework for Strategic Innovation
Value Drivers New
(external perspectives) Strategies
Industry Foresight
Future-oriented New
Success Factors Products & Services
Customer Insight
Articulated & New
Unarticulated Needs Managed Innovation Process Business Models
• Strategic Alignment
New
• New Insights &
Organizational Drivers Understanding New Markets
(internal capabilities & limitations) Revenue
• Opportunity Identification, Streams
Prioritization & Development New
Core Technologies Relationships
& Competencies • Implementation Planning
New
Organizational Disciplined Business Practices
Readiness Implementation
Sustainable
Innovation
9
• Strategic Innovation is “a future-focused business development framework that identifies breakthrough
growth opportunities with measurable impact, both in the near-term and longer-term, and defines the supporting
decisions and actions to achieve a compelling business vision”.
• Combining creative, non-traditional approaches with conventional consulting models, the Strategic Innovation
framework inspires cross-functional teams to identify new revenue streams, to create breakthrough growth
strategies, to define innovative new products, services and business models, to stimulate new business
relationships and to rethink current business practices.
• Strategic Innovation is driven by a Managed Innovation Process that orchestrates the interplay between a
company’s External Value Drivers and its Internal Organizational Drivers. External Value Drivers include
Industry Foresight and Customer Insight, while Internal Organizational Drivers include Core
Technologies & Competencies.
• Industry Foresight provides a “top-down” perspective, an understanding of the complex forces driving
change in the industry, including emerging/converging trends, competitive strategies, potential
dislocations.
• Customer Insight provides a “bottom-up” perspective, a deep understanding of both the articulated
(stated) and unarticulated (latent) needs of existing and potential customers.
• Core Competencies and Technologies assesses “internal capabilities”, taking a hard look at
organizational competencies and assets that can be leveraged to deliver value to customers, including
technologies, intellectual property and strategic relationships.
• The managed innovation process weaves together these three elements, incorporating them with its
Organizational Readiness to act and the degree to which it exhibits Disciplined Implementation. Strategic
Alignment galvanizes an organization around shared goals and builds stakeholder support.
• To succeed in the long term, it is necessary to move beyond a purely ad hoc or unstructured approach to
innovation, and to create a platform for Sustainable Innovation.
9
10. “The best way to predict
the future is to invent it.”
Alan Kay
Fellow, Apple Computer
10
10
11. InnovationPoint LLC
510.428.1644
Info@innovation-point.com
http://www.innovation-point.com
11
Thank you for your interest. We invite you to contact us to explore how our unique
approach to strategy innovation might be applied to your high priority business needs.
11