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Planning
Innovation
Yomna Hassan
What is innovation?
What is innovation?
Innovation
stereotype
1
Result not
process
Innovation
stereotype
2
Steve Jobs
and Howard
Schultz
What is innovation?
 Not all ideas come suddenly out of the ground
 We are all innovators!
What is innovation?
 It's about problem solving, understanding
how to ask the right questions, and seeing
patterns before facts. True innovation takes a
bit of planning.
Planning for innovation: steps
Define what you're bringing to
market
 Identify which trends are indicative of changing
consumer needs.
 How can you affect consumer behavior?
 Why are you going to be relevant in consumers'
daily lives?
Push to the market
 Once you've identified the idea, how do you
create believers, and drive momentum without
polluting your brand?
It’s not all about being completely
different
 The key battle to differentiating is balancing
your intuition with certainty. It's not just about
what makes you competitively distinct. It's
what you stand for in people's lives.
Innovation in brand not only
product
 Great brands think about the entire
engagement of the innovation and improve
every aspect, not solely the product.
Remember that packaging is not an
afterthought, and it's not just an execution: It's
the most tangible touch point the consumer
has with your brand.
Planning for innovation: steps
 Define what you're bringing to market
 Push to the market
 It’s not all about being completely different
 Innovation in brand not only product
Gear up and start planning!!!
Questions
References
 How to Plan Innovation, Laura Jakobsen,
Bloomberg Business Week, 2011.

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Planning Innovation

  • 3. What is innovation? Innovation stereotype 1 Result not process Innovation stereotype 2 Steve Jobs and Howard Schultz
  • 4. What is innovation?  Not all ideas come suddenly out of the ground  We are all innovators!
  • 5. What is innovation?  It's about problem solving, understanding how to ask the right questions, and seeing patterns before facts. True innovation takes a bit of planning.
  • 7. Define what you're bringing to market  Identify which trends are indicative of changing consumer needs.  How can you affect consumer behavior?  Why are you going to be relevant in consumers' daily lives?
  • 8. Push to the market  Once you've identified the idea, how do you create believers, and drive momentum without polluting your brand?
  • 9. It’s not all about being completely different  The key battle to differentiating is balancing your intuition with certainty. It's not just about what makes you competitively distinct. It's what you stand for in people's lives.
  • 10. Innovation in brand not only product  Great brands think about the entire engagement of the innovation and improve every aspect, not solely the product. Remember that packaging is not an afterthought, and it's not just an execution: It's the most tangible touch point the consumer has with your brand.
  • 11. Planning for innovation: steps  Define what you're bringing to market  Push to the market  It’s not all about being completely different  Innovation in brand not only product
  • 12. Gear up and start planning!!!
  • 14. References  How to Plan Innovation, Laura Jakobsen, Bloomberg Business Week, 2011.