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Martin Chyla , 31.10., 7.11.2012

Martin Chyla , 31.10., 7.11.2012. What has happened in the last 7 days?.

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Martin Chyla , 31.10., 7.11.2012

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  1. Martin Chyla, 31.10., 7.11.2012

  2. What has happened in the last 7 days? • Obama was elected a President of USA, againwhat it means: US-EU vs US-Asia, US Middle East- power of democrats, power of masses good/bad- which businesses will grow? (state spending, state control, debts manageent, hope for healthcare transform, …- how can Europe and SK learn from it?

  3. Innovation assessment questions • New to the world (Consumers are not familiar with benefits of my innovation) • New to us (How big technology shift this is for my company?) • Size of the idea (Market potential. Try to calculate, guess or buy buy data. E.g. all EU University daily students, 3 occassions per year, 3 EUR = 9270x3x3) • Profitability (assess investment cost and then calculate that as % of Market Potential) • Internal Cannibalism (important if your innovation replaces your current product.)

  4. 3 tips to find a profitable idea

  5. 3 tips to find a profitable idea

  6. 3 tips to find a profitable idea

  7. 3 tips to find a profitable idea

  8. 3 tips to find a profitable idea

  9. 3 tips to find a profitable idea

  10. Innovation pipeline matrix

  11. Assessing ideas

  12. What shall I prepare for the next class? • Project plan; Goal, Team, Budgets. Building the case • The power of networking! Using resources 2.0. Use networks for ideas, talents and capital searches. Portfolio of ideas or services. Peter Skarzynski - Innovation to the core 2008, pages 113, 118-122 Innovation to the core 2008, pages 161-178

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