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Innovation-Ambition Matrix (PowerPoint PPTX Slide Deck)
PowerPoint (PPTX) 35 Slides FlevyPro Document
DESCRIPTION
Innovation is more than invention—it is the structured process of developing and implementing new ideas, products, services, or processes that create tangible business value. Successful Innovation fuels competitive differentiation, operational efficiency, and market leadership.
Innovation Portfolio Management (IPM) provides a systematic approach to evaluating, prioritizing, and executing Innovation initiatives that align with strategic objectives, ensuring long-term, sustainable growth.
This PPT presentation offers a comprehensive overview of the Innovation-Ambition Matrix, a structured model that helps organizations strategically allocate investments and resources to high-potential growth initiatives. The framework enables organizations to balance their Innovation portfolio, highlighting the essential connection between market expansion and product development.
The Innovation-Ambition Matrix categorizes Innovation initiatives into 3 distinct types, based on their impact on markets and products:
1. Core Innovations – Enhancing the existing product or service portfolio to reinforce market position and drive short-term revenue growth.
2. Adjacent Innovations – Extending the reach of existing capabilities by expanding into new markets or developing complementary products, aiming for moderate growth.
3. Transformational Innovations – Introducing breakthrough offerings that create entirely new markets, with the goal of achieving long-term growth and industry leadership.
By leveraging the Innovation-Ambition Matrix, leaders can define their Innovation-Ambition with clarity, ensuring that Innovation initiatives align with long-term strategic goals. This PPT presentation digs deeper into each of these types of Innovation.
Maintaining Innovation across all 3 levels requires specialized capabilities, skill sets, structured processes, management systems, and key performance indicators. To support this, organizations must focus on 5 critical management areas:
1. Talent
2. Integration
3. Resources (Funds)
4. Pipeline Management
5. Metrics
Each of these management areas is also discussed in depth.
This PowerPoint presentation on Innovation-Ambition Matrix also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Innovation PowerPoint Slides: Innovation-Ambition Matrix PowerPoint (PPTX) Presentation Slide Deck, LearnPPT Consulting
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