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Innovation & Management
Guo Ren, (Mike) Lee
Toothfilm Inc.
2015.3.4 @ NCKU
Not Yet A Successful Story
But We Learned…..
The Golden Rule
Why We Do It
Why We Exist
Selling “WHY”
When It Comes To………
Technology Innovation
• It’s NOT about how to do it
• It’s about WHY we do it….
Problems to be solved?
EX: Toothfilm / T-Spray by toothfilm Inc
Changes to be made to better life?
EX: MSN/Skype by Microsoft
Envisioned life that people want?
EX: Space Travel by XSpace
Remember Again…
People Buy Why You Develop It….
NOT How you make it happen and not even
WHAT you have with it….
Startups/Enterprises
What is Successful Innovation ?
Innovations that make $$$.....
The question is NOT “What” makes $ or “How” to make $
The question is “Why” people want to buy In
It’s the start of any business partnership
WHY
HOW
WHAT
Clients
Consumers
1. Product doesn’t have to be
perfect. Apple & Tesla included.
2. Message has to be clear and
simple. Communication can be
very costy. Geek languages
(牙本質小管再礦化、牙周囊袋抑
菌) v.s Human language (牙敏感、
牙周流血)
3. People buy why you deliver it.
Do you hit customers’ pain
points? Do you create their
needs?
There is NO so-called customer
royalty if there is no palpable
value (why) the org. exists.
Palpable Value Creation…
• Solve Problems – iPhone
Pain Point palpable enough ?
Market big enough ? Matters?
Cost to get TA pay?
• Envision New Life – Tesla
Needs wanted badly?
Market big enough? Matters?
Cost to get TA pay?
Now we talk about
“HOW”
• Know-How determines execution performance and
ability to make it big.
• Either Me-Only or Me-Better innovative products could
rely on Old Business Models.
• New Business Models beyond
the scope of the course today.
Old
Business
Model
New
Business
Model
Me-Only
Products
Me-Better
Products
Business Model is how you
sell and how you get
people pay
 Channels (margin game)-where consumers are
 Marketing (communication ability)-what consumers
listen
 Regulations: obstacles but also entry barrier
 Business terms: payment and time of AR.
 Repeated-buying & product life cycle strategies
Understanding “WHO” ?
• User-oriented : both products & biz models
• Style : User-friendly design & Aesthetically design
• Content : Technical design
• Keep asking why….
why 1. why 2. why 3……..
Style/Materials used/Formula functions
Production OK  High Yield & Risk
Regulations OK  Time is $ & Risk
Cost OK  Margins & Risk
Technology Innovation &
Management
• Technology Innovation
 “WHATs”, already in all the WHYs
• Management
Standards/Principle/Guidelines
All the WHYs that touch consumers and all the
HOWs that make doing business easier.
Case Insights & Inside
Case
Innovate & Manage
with Why/How/What principles
6 mins each, 30 secs leeway
Get All These Done :
You Win
If You Fully Understand Why You Innovate
If Your Communication With Users Is Sound
If Your Target Audience Buy In Your Why
If You Happen To Make It Easily
Available & Affordable & Accessible
Survival Rate Is Higher

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Technology innovation-management ncku-20150227

  • 1.
  • 2. Innovation & Management Guo Ren, (Mike) Lee Toothfilm Inc. 2015.3.4 @ NCKU
  • 3. Not Yet A Successful Story
  • 4. But We Learned….. The Golden Rule Why We Do It Why We Exist Selling “WHY”
  • 5.
  • 6.
  • 7. When It Comes To……… Technology Innovation • It’s NOT about how to do it • It’s about WHY we do it…. Problems to be solved? EX: Toothfilm / T-Spray by toothfilm Inc Changes to be made to better life? EX: MSN/Skype by Microsoft Envisioned life that people want? EX: Space Travel by XSpace
  • 8. Remember Again… People Buy Why You Develop It…. NOT How you make it happen and not even WHAT you have with it….
  • 9. Startups/Enterprises What is Successful Innovation ? Innovations that make $$$..... The question is NOT “What” makes $ or “How” to make $ The question is “Why” people want to buy In It’s the start of any business partnership
  • 10. WHY HOW WHAT Clients Consumers 1. Product doesn’t have to be perfect. Apple & Tesla included. 2. Message has to be clear and simple. Communication can be very costy. Geek languages (牙本質小管再礦化、牙周囊袋抑 菌) v.s Human language (牙敏感、 牙周流血) 3. People buy why you deliver it. Do you hit customers’ pain points? Do you create their needs? There is NO so-called customer royalty if there is no palpable value (why) the org. exists.
  • 11. Palpable Value Creation… • Solve Problems – iPhone Pain Point palpable enough ? Market big enough ? Matters? Cost to get TA pay? • Envision New Life – Tesla Needs wanted badly? Market big enough? Matters? Cost to get TA pay?
  • 12. Now we talk about “HOW” • Know-How determines execution performance and ability to make it big. • Either Me-Only or Me-Better innovative products could rely on Old Business Models. • New Business Models beyond the scope of the course today. Old Business Model New Business Model Me-Only Products Me-Better Products
  • 13. Business Model is how you sell and how you get people pay  Channels (margin game)-where consumers are  Marketing (communication ability)-what consumers listen  Regulations: obstacles but also entry barrier  Business terms: payment and time of AR.  Repeated-buying & product life cycle strategies
  • 14. Understanding “WHO” ? • User-oriented : both products & biz models • Style : User-friendly design & Aesthetically design • Content : Technical design • Keep asking why…. why 1. why 2. why 3…….. Style/Materials used/Formula functions Production OK  High Yield & Risk Regulations OK  Time is $ & Risk Cost OK  Margins & Risk
  • 15. Technology Innovation & Management • Technology Innovation  “WHATs”, already in all the WHYs • Management Standards/Principle/Guidelines All the WHYs that touch consumers and all the HOWs that make doing business easier.
  • 16. Case Insights & Inside Case Innovate & Manage with Why/How/What principles 6 mins each, 30 secs leeway
  • 17. Get All These Done : You Win If You Fully Understand Why You Innovate If Your Communication With Users Is Sound If Your Target Audience Buy In Your Why If You Happen To Make It Easily Available & Affordable & Accessible Survival Rate Is Higher