practical innovation models for smes. our goal to introduce two easy to use frameworks for...
TRANSCRIPT
Practical Innovation Models for SMEs
Our Goal
To introduce two easy to use frameworks for innovating within your SME that can be immediately implemented (yes, with no
expensive training or steep learning curve).
Today’s talkWhat we are going to cover:• What we see as innovation and why this matters
now.• Two practical tools to help provide frameworks
for your innovation activities.• Two case studies from participants using these
tools on our current Hothouse New Frontiers programme.
How this links in with today’s event
There are trained mentors here today from Dublin City Enterprise Board who are
familiar with many SME innovation tools and want to help you and your business.
A question…..
Do you feel that the products/services provided by your organisation are
innovative?
However innovation is of critical importance now….
Why?
Web 3.0 is why!
So if business model innovation is the anti-dote to constant change how do we go about formulating strategy as an SME?
A strategic framework is needed to avoid…..
MORE OF THE SAME
CHAOS
What are the more common frameworks for business model
innovation?
Business Model Canvas
Lean Canvas
A picture tells a thousand words
Lean Canvas
Business Model Canvas
And now for some practical implementations of each canvas……
Both of these tools are available online
• Business Model Canvas: www.businessmodelgeneration.com
• Lean Canvas: www.leancanvas.com
Thank you for your time
• Eoin Costello
• Brian Bracken
• Andrew Considine