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Relating to the New Innovation Era

Paul4innovating's Innovation Views

I firmly believe we are on the cusp of a new innovation era. When you step back and recognize all the different advancements we have making in designing tools and frameworks, in understanding innovation, it holds promise.

Yet it is this recognition that the present is not working anymore with existing innovation systems, you do need to search for a real lasting change that does transform and connect all the parts into a new innovation designed ‘whole’. There are a number of intersections and driving forces that are coming together and what is emerging is this new innovation era. Now we have to weave them together.

Of course, much of what we have will still remain. We are still in need of finding innovations that provide new products, services or business models. These outcomes remain constant, it is the way we approach these that is in need of being seen…

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Blue Ocean, Methods, Senza categoria

Blue Ocean Strategy #2

Be The Pilot of Your Life

Analytical Tools and Frameworks

How do you break out of this Red Oceans of bloody competition to make the competition irrelevant? How do you open up and capture a Blue Oceans of uncontested market space?

To address these questions, we turn to the strategy canvas, an analytic framework that is central to value innovation and the creation of Blue Oceans.

The value curve, the basic component of the strategy canvas, is a graphic depiction of a company’s relative performance across it’s industry’s factors of competition. To set a company on a strong, profitable growth trajectory in the face of these industry conditions, it won’t work to benchmark competitors and try to outcompete them by offering a little more for little less.

Therefore, to reconstruct buyer value elements in crafting a new value curve, Blue Oceans have developed the four actions frameworks.

1.Reduce

Which factors should be reduced…

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Innovations Degree’s of Connectivity, Interactivity and Sharing

Paul4innovating's Innovation Views

We often forget it is our people that really make innovation work. They determine the ideas, drive these forward to deliver them as new innovation concepts into the world. People connect the fragmented pieces or dots within innovation from being random and intangible, into being explicit and tangible.

In the past we have often believed it is the genius laboring away in his lab that has made the discovery that has led to real breakthroughs in innovation.

So often in the past this lack of making the invention connection has often held many of us back to become engaged in discovery, ideas or contributions as we felt discouraged, as we had felt innovation can only happen in these ‘special’ places.

Most of us became disconnected with the early part of the discovery for innovation, we simply became just the implementors, pushing the innovation through the pipeline into its final execution…

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