your future innovation tools: expanded version

Your Future Innovation Tools Strategy Tools for the Next Generation

#stftng #feiemea

‘’How can we make

strategy more

innovative?’’

- Copenhagen, 2010

The problem

The solution

‘’…we need new, visual strategy & innovation

tools’’

- Copenhagen, 2010

Actionresearch

2010 2011 2012 2013 2014

2010 2011 2012 2013 2014

Powerful & iterative learning process

Growth ambitions

www.strategytoolsforthenextgeneration.com

imagine

You’re tasked to help create a more

innovative organization.

Where would you

begin?

Leadership?

Culture?

Metrics?

R&D?

The building blocks of innovative organizations

Map out your company; Why; What, How, using a 1 – 6 scale

Your Future Innovation Tools Strategy Tools for the Next Generation

#stftngwww.engage-innovate.comwww.strategytoolsforthenextgeneration.com

Strategy

Strategy

book of the year 2013

# Assume today’s business core business will die ..soon

# Make innovation a core skill

#Constant change and morphing …faster

#Strategy as a portfolio of options

The new strategy playbook

The Challenge:

Your turn

Sketch out your company’s strategy

How many business models…

Or, for now…how many ways

of making money…

..can you think of…

How many business models can you think

off…

for ‘’a cow’’?

CowParade is the largest and most successful public art event in the world

• CowParade events have been staged in over 75 cities worldwide since Chicago in 1999. Our host cities include New York City (2000) – Houston (2001) – London (2002) – Tokyo (2003, 2006 and 2009) – Dublin (2003) – Prague (2004) – Sao Paulo (2005 and 2010) -Mexico City (2005) -Buenos Aires (2006) -Boston (2006) – Denver (2006) – Moscow (2006) – Paris (2006) -Cape Town (2006) -Milan (2007) – Istanbul (2007) – Madrid (2009) – Taipei (2009) – Lima (2009). Xiamen, China (2010) – Rome (2010) -Margaret River, Australia (2010) – Rio de Janeiro (2011) – Austin (2011).

• Over 300 million people in 32 countries have seen at least one CowParade exhibit.

• In excess of $30 million has been raised by CowParade for worldwide charitable organizations.

+/- £10 million

!!!

!

!

!!

How much time have you spent creatively reimagine – and testing –

your business models?

Credits: @alexosterwalder and the bmgen

Intro to Business models…

1…. How do we make money?(revenue mix)



2….. How do we structure both revenues and costs (revenue mix & cost structure)



2….. How do we structure both revenues and costs (revenue mix & cost structure)

3…. ‘’…How do we design mututally reinforcing business models where all (nine) building blocks make the whole greater than the sum of parts – and do it over and over and over again…’’

1984, the rediscovered business model from 1957

Three levels of business

models

Astro TellerGoogle[x]Captain of Moonshots -2010 to Present

Advertising & Search

Motorola

Android

Glass Wallet

Loon

Cars

Nest

Model S - Most Awarded Car of 2013

‘’Tesla’s business model defies all logic’’

- CNN, 2013

Strategic Innovation Canvas

World’s greates

t

Books…

Norwegian online

bookstore

Books

Amazing

service

CD

‘’19 types

’’

Market

Place

CLoud

Kindle

Apps

Streaming

Buy autho

rs

World’s

2nd larges

t

Ambiti

ons

Ambiti

ons

Fresh

Innovation Thinking

Modes

Anybody can be strategically

- David Kelley, IDEO

creative. You just have

to learn how.

Pirate Thinking

Think Big

Dream Bigger

Just outside…

The Innovation

Pyramid

ActionRoadmap

http://www.slideshare.net/Engage-Innovate/putting-your-new-strategy-tools-to-work-on-your-ipad

Your feedback

Christian RangenPartner

[email protected]+47 92415949

Elisabeth ØvstebøManaging Partner

[email protected]+47 901 47 797

@engageinnovateengage-innovate.com

facebook.com/engageinnovateengageinnovate.wordpress.com instagram.com/engageinnovate

strategytoolsforthenextgeneration.com

mailto:[email protected]

mailto:[email protected]

http://engageinnovate.wordpress.com/

http://www.engage-innovate.com/