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AYES 2010
(Sanitized Version)
Innovation as Process:
Lessons from the
Corporate World.
Today
Background
About Us
Innovation as Process
White Space, Proposition Development
Case Study (deleted from this version)
Carbon Trust Enterprises
Today
Background
About Us
Innovation as Process
White Space, Proposition Development
Case Study
Carbon Trust Enterprises
Put simply
We work with boards of
directors and senior
management to turn their
most strategic sustainability
challenges into business
opportunity.
• Financial
• Non-financial
Building the business case
Developing a real world
action plan
• Top level strategy
• Tactics on the ground
• Helping clients
see how doing
the right thing
makes powerful
business sense
• Working closely
with clients to
build an actionable
strategy
Making sustainability
“business as usual”
• Staff
• Customers
• Suppliers
• Community
• Helping make the
changes that lead
to breakthrough
transformation
(1) Sustainability strategy.
.
… guiding clients on the long term journey to
sustainability
New products, services, brands and businesses
BrandGreen innovation process
Opportunity
Evaluation
Commercial
Proposition
“Scope”
Business
Case
“Develop”
Proof of
Concept
“Build”
Establish
Business
“Launch”
Decision
Gates
Go / No Go Board Launch ReadyIdea Screening
Fast track: from idea to reality in 3-6 months
(2) Strategic innovation.
… our structured approach to innovation maximizes
success rate and speeds time to launch
New
ideas
Government
Investors / advisors Education / IOs / NGOs
Corporates
… from top 100 companies and financial investors,
to government agencies and NGOs
Our clients.
Today
Background
About Us
Innovation as Process
White Space, Proposition Development
Case Study
Carbon Trust Enterprises
Observations.
 Innovation is much talked about these days.
 Few understand what it means in the real world, and fewer still actually
practise innovation in a meaningful way.
Innovation
As Process
Many equate innovation
with entrepreneurship,
yet the world’s most
successful innovators
historically have been
larger corporates.
Today we will look at:
 The concept of “white space”
 The structured innovation
process
 Examples from the corporate world
that may be of value to young
entrepreneurs (next section)
“White Space” Innovation
As Process
Enterprise
Proposition
Branded
Proposition
Filters
Market Failure
 Significant emissions
 Reductions not happening
Market Attractiveness
 Customer demand
 Trends
Green IT Opportunity Landscape
Right to Play
 Competitive advantage
 Feasibility
Want to Play
 Fit with assets and skills
 Do-ability
… abnormal returns can be achieved by identifying
and capturing white space opportunities
[Indicative Only]
Structured innovation. Innovation
As Process
…well developed innovation methodologies and tools
are available to support decisions at each “stage gate”
Commercialisation “stage gate” methodology
Formal ideas capture.
…there isn’t scope today to look at the varieties of ideation,
but we can reinforce the need for rigour in documentation
Capturing:
 Description of the
idea
 Who are the
target
customers?
 What needs does
it address?
 How do we make
money out of it?
 Validation
questions?
Proposition development.
Lifting the lid on innovation practitioners’
trade secrets!
Capturing:
 Customer needs
 Precedents and
parallels
 The opportunity
 How?
 Benefits?
 Target customers
 Sizing the
opportunity
High Level Opportunity Summary Template
Proposition development.
Capturing:
 Existing players
 Existing products
 Relative
competitive
advantage
 Sizing and
growth rates
 Key criteria for
comparison
Mapping the market and identifying the high growth,
high value white space
Market Map Template
Proposition development.
Capturing:
 Clear articulation of the
target market
 Precise identification of
the customer needs that
are currently unmet
 Mapping of which
competitors are playing in
which part of the space
 Clear description of the
opportunity scope and
boundaries
Clearly articulating the opportunity
Opportunity Definition Template
Proposition development.
Capturing:
 The future direction of the
new product / business
 New market sectors /
customer segments
 Geographical expansion
 Feature migration
 Product / service
enhancements
Mapping the future sustainability / migration path
options over time
Sustainability Map Template
Proposition development.
Capturing:
 The capabilities needed to
capitalise on the identified
opportunity
 Mapping existing capabilities
and assets
 Identifying capability gaps
 Highlighting strategies to
close the capability gaps
Mapping the capability needs and performing detailed
capability gap analysis
Capabilities Template
Proposition development.
Capturing:
 The revenue model: how
you make money
 Key assumptions
 First five year revenue
projections
Defining the revenue model and developing base case
financial projections: financial attractiveness
Financial Headlines Template
Proposition development.
Capturing:
 Risks
 Issues
 Mitigation approach
Risks and issues capture schedules, completed throughout the
project, will avoid surprises and enable course correction
Risks and Issues Template
Templates
10 Page Proposition
Template
Generic proposition template
XX Month 2010
Sub-header
Add logo
22
xxx
xxx
 xxx (Source: xxx)
xxx
 xxx (Source: xxx)
Customer needs Addressable market and trends
23
xxx
Low High
Low
High
XXX
XXX
XXX
XXX
XX
XX
24
The opportunity
Competitors
The customer needs and market
xxx
25
The proposition –
“xxx”
 xxx (Source: xxx)
“xxx”
 xxx (Source: xxx)
xxx
 xxx (Source: xxx)
Profitability H xxx
Acquisition M xxx
Retention L xxx
The customerThe proposition
Why (company)?
26
Sustainability map
xxx
xx
• xxx
Time
xxx
xxx
xx
• xxx
xxx
27
Capabilities
Capabilities required Existing capabilities within
xxx H M L • xxx
xxx H M L • xxx
xxx H M L • xxx
xxx H M L • xxx
xxx H M L • xxx
xxx H M L • xxx
xxx H M L • xxx
xxx H M L • xxx
xxx H M L • xxx
xxx H M L • xxx
xxx
xxx
xxx
There are some capability
gaps emerging
28
Xxx
xxx
• Xxx
– Xxx
Xxx
xxx
• Xxx
– xxx
Xxx
xxx
• Xxx
– Xxx
Xxx
xxx
• Xxx
– xxx
Financial headlines
(SGD m unless stated) Year 1 Year 2 Year 3 Year 4 Year 5
XXX £ £ £ £ £
Revenue projections
Revenue model Assumptions
29
Risks and issues management
Risks and issues Mitigation approach
• xx • xx
• xx • xx
• xx • xx
• xx • xx
• xx • xx
• xx • xx
• xx • xx
• xx • xx
30
Next steps
XXX
• X
• X
• X
• X
• X
Contact
dean@brandgreen.co.uk
+65 9445 8880
for further templates
or support.

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AYES2010 - Dean Stanton

  • 1. AYES 2010 (Sanitized Version) Innovation as Process: Lessons from the Corporate World.
  • 2. Today Background About Us Innovation as Process White Space, Proposition Development Case Study (deleted from this version) Carbon Trust Enterprises
  • 3. Today Background About Us Innovation as Process White Space, Proposition Development Case Study Carbon Trust Enterprises
  • 4. Put simply We work with boards of directors and senior management to turn their most strategic sustainability challenges into business opportunity.
  • 5. • Financial • Non-financial Building the business case Developing a real world action plan • Top level strategy • Tactics on the ground • Helping clients see how doing the right thing makes powerful business sense • Working closely with clients to build an actionable strategy Making sustainability “business as usual” • Staff • Customers • Suppliers • Community • Helping make the changes that lead to breakthrough transformation (1) Sustainability strategy. . … guiding clients on the long term journey to sustainability
  • 6. New products, services, brands and businesses BrandGreen innovation process Opportunity Evaluation Commercial Proposition “Scope” Business Case “Develop” Proof of Concept “Build” Establish Business “Launch” Decision Gates Go / No Go Board Launch ReadyIdea Screening Fast track: from idea to reality in 3-6 months (2) Strategic innovation. … our structured approach to innovation maximizes success rate and speeds time to launch New ideas
  • 7. Government Investors / advisors Education / IOs / NGOs Corporates … from top 100 companies and financial investors, to government agencies and NGOs Our clients.
  • 8. Today Background About Us Innovation as Process White Space, Proposition Development Case Study Carbon Trust Enterprises
  • 9. Observations.  Innovation is much talked about these days.  Few understand what it means in the real world, and fewer still actually practise innovation in a meaningful way. Innovation As Process Many equate innovation with entrepreneurship, yet the world’s most successful innovators historically have been larger corporates. Today we will look at:  The concept of “white space”  The structured innovation process  Examples from the corporate world that may be of value to young entrepreneurs (next section)
  • 10. “White Space” Innovation As Process Enterprise Proposition Branded Proposition Filters Market Failure  Significant emissions  Reductions not happening Market Attractiveness  Customer demand  Trends Green IT Opportunity Landscape Right to Play  Competitive advantage  Feasibility Want to Play  Fit with assets and skills  Do-ability … abnormal returns can be achieved by identifying and capturing white space opportunities [Indicative Only]
  • 11. Structured innovation. Innovation As Process …well developed innovation methodologies and tools are available to support decisions at each “stage gate” Commercialisation “stage gate” methodology
  • 12. Formal ideas capture. …there isn’t scope today to look at the varieties of ideation, but we can reinforce the need for rigour in documentation Capturing:  Description of the idea  Who are the target customers?  What needs does it address?  How do we make money out of it?  Validation questions?
  • 13. Proposition development. Lifting the lid on innovation practitioners’ trade secrets! Capturing:  Customer needs  Precedents and parallels  The opportunity  How?  Benefits?  Target customers  Sizing the opportunity High Level Opportunity Summary Template
  • 14. Proposition development. Capturing:  Existing players  Existing products  Relative competitive advantage  Sizing and growth rates  Key criteria for comparison Mapping the market and identifying the high growth, high value white space Market Map Template
  • 15. Proposition development. Capturing:  Clear articulation of the target market  Precise identification of the customer needs that are currently unmet  Mapping of which competitors are playing in which part of the space  Clear description of the opportunity scope and boundaries Clearly articulating the opportunity Opportunity Definition Template
  • 16. Proposition development. Capturing:  The future direction of the new product / business  New market sectors / customer segments  Geographical expansion  Feature migration  Product / service enhancements Mapping the future sustainability / migration path options over time Sustainability Map Template
  • 17. Proposition development. Capturing:  The capabilities needed to capitalise on the identified opportunity  Mapping existing capabilities and assets  Identifying capability gaps  Highlighting strategies to close the capability gaps Mapping the capability needs and performing detailed capability gap analysis Capabilities Template
  • 18. Proposition development. Capturing:  The revenue model: how you make money  Key assumptions  First five year revenue projections Defining the revenue model and developing base case financial projections: financial attractiveness Financial Headlines Template
  • 19. Proposition development. Capturing:  Risks  Issues  Mitigation approach Risks and issues capture schedules, completed throughout the project, will avoid surprises and enable course correction Risks and Issues Template
  • 21. Generic proposition template XX Month 2010 Sub-header Add logo
  • 22. 22 xxx xxx  xxx (Source: xxx) xxx  xxx (Source: xxx) Customer needs Addressable market and trends
  • 25. 25 The proposition – “xxx”  xxx (Source: xxx) “xxx”  xxx (Source: xxx) xxx  xxx (Source: xxx) Profitability H xxx Acquisition M xxx Retention L xxx The customerThe proposition Why (company)?
  • 27. 27 Capabilities Capabilities required Existing capabilities within xxx H M L • xxx xxx H M L • xxx xxx H M L • xxx xxx H M L • xxx xxx H M L • xxx xxx H M L • xxx xxx H M L • xxx xxx H M L • xxx xxx H M L • xxx xxx H M L • xxx xxx xxx xxx There are some capability gaps emerging
  • 28. 28 Xxx xxx • Xxx – Xxx Xxx xxx • Xxx – xxx Xxx xxx • Xxx – Xxx Xxx xxx • Xxx – xxx Financial headlines (SGD m unless stated) Year 1 Year 2 Year 3 Year 4 Year 5 XXX £ £ £ £ £ Revenue projections Revenue model Assumptions
  • 29. 29 Risks and issues management Risks and issues Mitigation approach • xx • xx • xx • xx • xx • xx • xx • xx • xx • xx • xx • xx • xx • xx • xx • xx
  • 30. 30 Next steps XXX • X • X • X • X • X
  • 31. Contact dean@brandgreen.co.uk +65 9445 8880 for further templates or support.