Notes
Slide Show
Outline
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Innovation
  • From Technology towards Innovation...
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Process vs. Innovation
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What is Innovation?
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Where Innovation come from?
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Definition of Innovation (yesterday)
  • Idea
    (SHOULD)
  • Market
    (IS)
  • Attractive Concept
    (how to sell SHOULD?)
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Definition of Innovation (today)
  • Market
    (IS)
  • Idea
    (SHOULD)
  • Attractive Concept
    (How can SHOULD be positioned?)


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The Important Questions
  • What?
  • Were?
  • How?
  • Why?
  • What next? What if?
  • Were else? Were next?
  • How then? How much?
  • Why not? And then?
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Customer Value
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Customer Behaviour
  • Choice or Rejection?
  • The customer has to switch from the existing product to the new product.
  • The customer rejects the existing solution to favour the new one.
  • Question:
    In order to favour our product, what solutions will be rejected?
    Why should the customer do so?
    Why would the customer proceed with the existing product and reject the new product?
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Market Launch vs. Market Acceptance
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Use of the General Knowledge
  • Market
    Compared to the customer value, what would be the best opportunity?
  • Competitor
    What customer values are put aside or missed by the competitor?
  • Technology
    What kind of customer value may be fulfilled with new technologies?
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What does that mean?
  • Optimal cooperation between marketing, sales, and R&D (global teams)
  • Access to the respective information (database)
  • Understanding of each point of view (cross-cultural communication)
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Definition of the Product Concept
  • What is the product?
  • What does the product?
  • Who is intended the product for?
  • What does the product mean to the customer?
  • The product is the right one when the internal integrity (being and use) meet the external integrity (customer, perception)
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Customer/Value Proposition
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Take Home Message