Dual Innovation Ecosystem Strategy   25-slide PPT PowerPoint presentation slide deck (PPTX)
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Dual Innovation Ecosystem Strategy (PowerPoint PPTX Slide Deck)

PowerPoint (PPTX) 25 Slides FlevyPro Document

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INNOVATION MANAGEMENT PPT DESCRIPTION

This product (Dual Innovation Ecosystem Strategy) is a 25-slide PPT PowerPoint presentation slide deck (PPTX), which you can download immediately upon purchase.

When new technologies and competitors disrupt markets, numerous existing organizations struggle to carry on. Most likely reason is that they are inadequately prepared to cultivate new products and services amidst uncertainty.

Creating the appropriate type of Innovation Ecosystem is crucial for guaranteeing success, as well as identifying and managing sources of conflict.

To frame and understand how to develop a suitable Innovation Ecosystem Strategy, this framework introduces the concept of 3 Strategic Horizons of Innovation. These Strategic Horizons for Innovation are based on the proximity of the Innovation to the core business; and are defined as follows:

Horizon 1 – This strategic horizon relates to optimization of existing business, i.e., optimization of current Business Models and technologies, catering to prevailing markets.

Horizon 2 – This horizon pertains to both the existing business as well as new Business Model. Horizon 2 pertains to growth; i.e., speeding up and enhancing of fresh Business Models and technologies as well as adjustment of prevailing Business Models.

Horizon 3 – This horizon relates to generating new Business Models. The third horizon has to do with the future; i.e., unearthing and proving of novel Business Models and technologies, and determining of future markets.

These 3 "Fields of Innovation" that constitute the fundamental building blocks of the Dual Innovation Ecosystem Strategy framework, which presents us 3 strategic options:

Playing Field 1 – Optimize the Core
Playing Field 2 – Reshape the Core
Playing Field 3 – Create the New

Each field has its own unique conditions, which include Business Model, technology capabilities, time scale, accounting, metrics, methods, tools, as well as organizational and personal needs. Each Playing Field requires dedicated Leadership and Management for it to be successful.

Selection of the field to play in depends on the strategic direction our organization decides to take, whether it be:

1. Adapt – Modification of current core business or Operating Models; or

2. Scale – Ramping-up of authenticated, sweeping or even disruptive Innovation ideas, to convert them into substantial business impact.

This PowerPoint presentation on Dual Innovation Ecosystem Strategy also includes some slide templates for you to use in your own business presentations, which convey the concepts of the 3 Horizons of Innovation, the 3 Fields of Innovation, and Dual Innovation Ecosystem Strategy.

The framework also delves into the distinctions between Centralized and Adaptive Innovation Ecosystems, providing insights on their respective advantages. It highlights the importance of aligning innovation strategies with industry life cycles to ensure optimal outcomes.

Got a question about the product? Email us at flevypro@flevy.com.

Source: Best Practices in Innovation, Business Model Innovation PowerPoint Slides: Dual Innovation Ecosystem Strategy PowerPoint (PPTX) Presentation Slide Deck, LearnPPT Consulting

INNOVATION MANAGEMENT PPT SLIDES

Framework for Dual Innovation Ecosystem Models

Innovation Pathways: Navigating the Three Horizons of Strategic Growth

Strategic Framework for Dual Innovation Management

Comparative Analysis of Innovation Ecosystem Types

Comparative Analysis of Innovation Ecosystem Types

This PPT slide presents a comparative analysis of 2 types of innovation ecosystems: Centralized and Adaptive. It emphasizes that the choice between these ecosystems should align with the lifecycle stage of the industry in question. Centralized ecosystems are depicted as suitable for established industries characterized by stable conditions. They operate through a "broker" company that connects partners while keeping them distinct. This structure is beneficial when partners are familiar with each other and the existing business model, allowing for coordinated efforts to capture value primarily for the broker.

In contrast, Adaptive ecosystems are more fitting for nascent industries where uncertainty prevails. Here, an "orchestrator" company facilitates direct collaboration among diverse partners, encouraging innovation through the combination of varied resources. This approach is particularly advantageous when industry boundaries are shifting, as it allows for flexibility and rapid adaptation to changing market conditions.

The slide outlines specific attributes for each ecosystem, including their structure, partner dynamics, strategic focus, and the impact on the focal company. For instance, while Centralized ecosystems maintain arm's-length relationships, Adaptive ecosystems foster cooperative ties, enabling partners to explore new opportunities and innovate collectively.

The concluding notes suggest that as industries mature, companies should reassess their ecosystem strategies. Over time, as value-creation processes stabilize, transitioning from an Adaptive to a Centralized system may become advantageous. This insight is crucial for executives considering the long-term implications of their innovation strategies in relation to industry maturity.

Framework for Strategic Innovation Horizons


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