customer centric innovation... · 3 19/02/2016 business development / tero hottinen. customer value...

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Page 1: CUSTOMER CENTRIC INNOVATION... · 3 19/02/2016 Business Development / Tero Hottinen. CUSTOMER VALUE HARVESTING CUSTOMER VALUE EXPLORATION DESIGN THINKING User experience, providing

© Wärtsilä

CUSTOMER CENTRIC INNOVATION

Tero Hottinen, GM, Business InnovationServices Business Development

19/02/20161

Page 2: CUSTOMER CENTRIC INNOVATION... · 3 19/02/2016 Business Development / Tero Hottinen. CUSTOMER VALUE HARVESTING CUSTOMER VALUE EXPLORATION DESIGN THINKING User experience, providing

© Wärtsilä Internal

Source of Competitive Advantage Changing...

2

INDUSTRIAL AGELabour / Capital

BUREAUCRACYPosition is privileged

INFORMATION AGEInformation / Knowledge

MERITOCRACYKnowledge is privileged

“AGILE AGE”Action / Conviction

ADHOCRACYAction is privileged

~1980-90

Coordination achieved…By Rules

Decisions made trough…Hierarchy

People motivated by…Extrinsic Rewards

Coordination achieved…Mutual Adjustment

Decisions made trough…Logical Argument

People motivated by…Personal Mastery

Coordination achieved…Around Opportunity

People motivated by…Achievement

~2010-20

Business Development / Tero Hottinen2/19/2016

Decisions made trough…Focused

Experimentation

Page 3: CUSTOMER CENTRIC INNOVATION... · 3 19/02/2016 Business Development / Tero Hottinen. CUSTOMER VALUE HARVESTING CUSTOMER VALUE EXPLORATION DESIGN THINKING User experience, providing

© Wärtsilä Internal

Understanding and Delivering Customer Value in Adhocracy

19/02/2016 Business Development / Tero Hottinen3

CUSTOMER VALUE

HARVESTING

CUSTOMER VALUE

EXPLORATION

DESIGN THINKING

User experience, providing added value through usability and service design

Understanding the latent needs (BI, foresighting, opportunity scouting, end-user research)

Providing true added value offering, shared risk and value-based revenue, co-creation

Agile experimentation, simultaneous development of solution and earnings logic, cross-disciplined know-how

OFFERING DEVELOPMENT

DIGITALIZED SERVICE

OFFERING

Specific subset

Page 4: CUSTOMER CENTRIC INNOVATION... · 3 19/02/2016 Business Development / Tero Hottinen. CUSTOMER VALUE HARVESTING CUSTOMER VALUE EXPLORATION DESIGN THINKING User experience, providing

© Wärtsilä Internal

Plenty of Tools and Methods…

19/02/2016 Business Development / Tero Hottinen4

Page 5: CUSTOMER CENTRIC INNOVATION... · 3 19/02/2016 Business Development / Tero Hottinen. CUSTOMER VALUE HARVESTING CUSTOMER VALUE EXPLORATION DESIGN THINKING User experience, providing

© Wärtsilä

Wärtsilä Marine Mastermind – Open Innovation Contest

19 February 2016 Start-up collaboration at wärtsilä5

• Digitalized service offering in marine business

• Targeted for start-ups and growth companies

• Objective for Wärtsilä to– Explore the disruptive initiatives– Learn from lean start-up mindset

• Key criteria– Fit to marine– Innovativeness– Focus on customer need– Business potential and scalability

Page 6: CUSTOMER CENTRIC INNOVATION... · 3 19/02/2016 Business Development / Tero Hottinen. CUSTOMER VALUE HARVESTING CUSTOMER VALUE EXPLORATION DESIGN THINKING User experience, providing

Wärtsilä Marine Mastermind

19/02/2016 W-S Innovation Team meeting6 © Wärtsilä

47 APPLICATIONS

17 COUNTRIES

5 FINALISTS

Finalists: http://www.wartsila.com/marinemastermind

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© Wärtsilä

THANK YOU!Tero Hottinen, GM, Business [email protected]+358 44 583 8253

19/02/20167