Innovate1000: Double Growth Through Innovation
Your enterprise may be growing at present. But, you can be certain that innovation and disruption will erode what have been successful services or products. We see this at work all the time.
Think of your enterprise like an innovation bullseye target with 3 rings:
Centre ring: Your existing activities, or “core business”.
Middle ring: Your time horizon for the next 1-3 years.
Experts say this is the length of time required to identify a new innovation.
Outermost ring: On your innovation roadmap bullseye is a period of 3-5 years.
This business innovation program will expand on the targets to keep your enterprise thriving:
Your Enterprises Future in a Bulls Eye
Expectation of Your Current Product Mix:
- Downsize the Dogs
- Question the Question Marks
- Milk the Cash Cows
- Aim for the Stars
- Your Need for Innovation
The Innovation Strategy Smorgasbord:
- Plenty of Choice for Innovation Strategies
- Matching Managers to Innovation
- Rationing Other Resources
- Customer Reaction to Innovation