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Practical Innovation Models for SMEs

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 talk. What we are going to cover:

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Practical Innovation Models for SMEs

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  1. Practical Innovation Models for SMEs

  2. 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).

  3. Today’s talk What 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.

  4. 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.

  5. A question….. Do you feel that the products/services provided by your organisation are innovative?

  6. However innovation is of critical importance now…. Why? Web 3.0 is why!

  7. 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…..

  8. MORE OF THE SAME

  9. CHAOS

  10. What are the more common frameworks for business model innovation? Business Model Canvas Lean Canvas

  11. A picture tells a thousand words

  12. Lean Canvas

  13. Business Model Canvas

  14. And now for some practical implementations of each canvas……

  15. Both of these tools are available online • Business Model Canvas: www.businessmodelgeneration.com • Lean Canvas: www.leancanvas.com

  16. Thank you for your time • Eoin Costello • Eoin.costello@hothouse.ie • Brian Bracken • brian@siteshare.ie • Andrew Considine • aconsidine@willstream.com

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