7. NEW OFFERINGS
Revolutionary
Innovation disrupting the status quo
TRANSFORMATIONAL ex. Kickstarter
Evolutionary
Innovation improving or including
ADJACENT ex. tablet computing
EXISTING OFFERINGS
Incremental
Innovation fixing something broken
CORE ex. ER waiting room
EXISTING USERS NEW USERS
8. “The Golden Ratio”
Allocation of resources Return on investment
70% 70%
CORE TRANSFORMATIONAL
20% 20%
ADJACENT ADJACENT
10% 10%
TRANSFORMATIONAL CORE
* From Bansi Najgi and Geoff Tuff’s 2012 pattern research on out-performers in the S&P 500
18. Data-Driven Decision Making
sensors
listening-in
social media
mobile devices data science
data exhaust
passive
ANALYZE
CLEAN
COLLECT EXTRACT DECIDE
COMBINE
VISUALIZE
active
quantified self
data visualizations
EHR
Online voting
Proprietary/
corporate data
19. Antony Down’s Issue-Attention Cycle
euphoric reaction
alarmed discovery
ATTENTION
counting the cost
pre-publicity
quiescence
TIME
20. Predictive analytics’ effect on the Issue-Attention Cycle
euphoric reaction data-based change
x
alarmed discovery
ATTENTION
counting the cost
pre-publicity
quiescence
TIME
21. Demystify innovation in your organization.
Create and stick with your portfolio approach.
Look beyond “insights” for disruption.
Openness drives innovation.
Data: If you predict it, you can change it.