cme 103 innovation course sample materials alm

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  • 8/8/2019 CME 103 Innovation Course Sample Materials Alm

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    InnovationInnovation

    Training Sample MaterialTraining Sample Material

    2010 EMM Group

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    Business Problem We Are TryingTo SolveBusiness Problem We Are TryingTo Solve

    How to get genuine game-changing innovation instead of

    incremental renovation

    What are the barriers to genuine innovation?

    Self-perception (e.g. we are a ________company),We have always done it this way,

    Risk-averse culture,

    Process is the solution,

    Silos-based approach and

    Asking customers what they want.

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    Principles ofBreak-Through InnovationPrinciples ofBreak-Through Innovation

    Innovation - Creative solutions to customer problems and

    concerns.

    Problem-solution mindset.

    Process that does not stifle creativity.

    Principles of innovation:

    Find customer problems and concerns rather than claimed benefits.

    Start at the front-line of your organization.

    Stay true to the customers language.

    Data-fueled creativity.

    Solutions not products.

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    InnovationIdeas Turns Insights into Uniqueand

    RelevantProducts/Services thatDrive Growth

    InnovationIdeas Turns Insights into Uniqueand

    RelevantProducts/Services thatDrive Growth

    An innovationidea is an actionable

    concept for a customer solution:

    described in terms of features,benefits and experiences

    that meet customers needs

    described in a way that helps

    technicians anddesign experts to act

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    2010 EMM Group

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    AS/400

    AS

    /400

    IBMIBM

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    2010 EMM Group

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    IBM AS/400IBM AS/400IBM AS/400IBM AS/400

    Helps You Spend More Time Managing & Growing Your

    Business, Not Managing YourInfrastructure

    For small & intermediate-sized companies

    Family of easy-to-use, reliable, upgradable computers designedwith all-in-one platform, proven solutions, built-in security

    Choose from 1000s of applications that have already beenwritten

    Comes with database built-in

    99.9% uptime

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    !

    " " # r$%

    &

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    IBM AS/400IBM AS/400IBM AS/400IBM AS/400

    One ofIBM's Greatest Success Stories

    AS/400 became one of world's most popular business computing

    systemsWidely installed in large enterprises at department level, in smallcorporations,in government agencies & in almost every industry segment

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    IBM RewardIBM RewardIBM RewardIBM Reward

    The concept of quality at IBMRochester is linked directly to thecustomer. Detailed features are

    crafted by analyzing the needs andexpectations of existing and potentialowners of the computer hardware andsoftware.

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    TraditionalProductTraditionalProductDevelopmentDevelopment

    Product Features

    Market?

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    2010 EMM Group

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    CustomerCustomer--centricInnovationcentricInnovation

    Customer Segments

    needs/pain points

    Product Features

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    2010 EMM Group

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    CocaCoca--Colafridgepack: PackagingInnovationIdeaColafridgepack: PackagingInnovationIdeaCocaCoca--Colafridgepack: PackagingInnovationIdeaColafridgepack: PackagingInnovationIdea

    Who

    What

    Why

    Frequent users of sodas at-home

    Advanced analytics reveal high cause-and-

    effect on consumption behavior of

    convenient dispensing in-fridge systems

    Fast-paced lifestyle consumers seek product at ideal

    temperature forgrab and go refreshment

    So What

    Problem! Current dispensers not convenient

    New solution: 2X12 package is convenient to keep

    in the fridge without taking up too much space, and

    meets consumers needs.

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    2010 EMM Group

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    Dove:Communications InnovationIdeaDove:Communications InnovationIdeaDove:Communications InnovationIdeaDove:Communications InnovationIdea

    Women who seek more beautiful

    skin, hair and all-round cleansing

    Use multiple skin care products / solutions for

    many different grooming occasions and tasks

    Classic hierarchy of needs analysis reveals

    aspiration of Self-Respect + Inner Harmony

    marriage of inner and outer beauty

    Problem! Competitors portray an outer beauty that

    may be unattainable / not balanced against inner

    harmony needs.

    New solution: Dove real beauty campaign.

    Who

    What

    Why

    So What

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    2010 EMM Group

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    Swiss Bank:Consumer Experience DesignIdeaSwiss Bank:Consumer Experience DesignIdeaSwiss Bank:Consumer Experience DesignIdeaSwiss Bank:Consumer Experience DesignIdea

    Swiss consumers who are users orpotential users of consumer credit

    Bank offices were very private, discreet and

    unobtrusive and offers their were under-utilized

    Needs analysis indicated quick and flexible were key

    features, so long as trusted and accessible also in place.

    Problem! Opportunity to redesign consumerexperience

    Solution! Walk-in bank front offices, convenient hours,

    easy credit checks, flexible products and loans, total quick

    and flexible make-over with sharp rise in market share.

    Who

    What

    Why

    So What

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    2010 EMM Group