Aspiration and capability The growth gap describes the difference in extrapolated business performance and the business planning, for example, in 5 years. To close the gap requires an innovation portfolio with innovation projects that ensure growth. Such a portfolio ensures the inflow of new "H2 projects," which arise from incremental improvement innovations as well as disruptive technologies from the field…
A product portfolio contains product lines across many horizons according to their lifecycle. Therefore overall business performance depends on the contributions of all of these products.
They are in different adoption phases. They can grow easily or strongly, are in saturation, or are completely outdated by new approaches. (more…)
In our framework, we use 7 innovation types: Business Model Services Products Processes Organizational Structures Management System Production A deep dive in 16 aspects and 66 skills answers the question of how unused types can be built up and realized. For example, there are strong service organizations, but they hide the product and business model areas too much. Products are…
Innovation methods need to be balanced and timed
A sweet spot of innovation has been found and balance is achieved when a new product has proven feasible, its business model is viable and customers feel a desire to get it and use it. Thus answering the questions what, how and why?
Differentiation and competitive advantage is added when all of your competitors cannot target the same spot, or, have solutions ready.
But how can we achieve this? (more…)