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Innovation Effectiveness Curve   28-slide PPT PowerPoint presentation (PPT)
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Innovation Effectiveness Curve (PowerPoint PPT)

File Type: 28-slide PPT PowerPoint presentation (PPT)

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This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
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This product (Innovation Effectiveness Curve) is a 28-slide PPT PowerPoint presentation (PPT), which you can download immediately upon purchase.

For many companies, developing new products is a hit-or-miss proposition. Successful Innovation—the kind that leads to customer engagement and profits—is rare and hard to achieve. Some have tried investing intensively in research and development.

In a global study of public companies representing almost 60% of global R&D expenditures, it was found out that there is generally no correlation between R&D spending and financial metrics such as sales or profit growth. Open Innovation has been resorted to by some companies but this, too, does not necessarily lead to higher Innovation returns. A strategy of tacit benchmarking has also been pursued. Near the average amount of R&D spending have been invested but this led to greater number of minor product line extensions with often diminishing returns.

On the other hand, there are companies that do best at dreaming up great new products while spending less to do it. One of these is Apple, which commits 5.9% of sales to R&D, less than its industry’s average of 7.6%. This shows that, when it comes to Innovation investment, the key question is not how much to spend but how to spend it.

Indeed, Innovation success depends on mysterious factors. But there are companies that can overcome these hurdles and regularly product high-yield Innovations. The answer is the use of the best approach in determining which Innovation success and why others fail.

This framework provides an in-depth discussion on Return on Innovation Investment or ROI2 Approach and the Innovation Effectiveness Curve. The Innovation Effective Curve has 3 core properties.

1. Comprehensive
2. Stable
3. Correlated to Growth

The 3 core properties of the Innovation Effective Curve make the curve a most powerful analytical tool. Raising the Innovation Effectiveness Curve can increase organic growth rates that is persistent over time.

This deck also includes slide templates for you to use in your own business presentations.

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Source: Best Practices in Innovation, Growth Strategy PowerPoint Slides: Innovation Effectiveness Curve PowerPoint (PPT) Presentation, LearnPPT Consulting


$25.00
FlevyPro price: FREE (included in subscription)
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
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File Type: PowerPoint ppt (PPT)
Number of Slides: 28 (includes cover and all slides)


ABOUT THE AUTHOR

Author: LearnPPT Consulting
Additional documents from author: 100

We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.

We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies. [read more]


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