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.
This product (Innovation Strategies & Leaders) is a 19-slide PPT PowerPoint presentation slide deck (PPT), which you can download immediately upon purchase.
Senior executives who stimulate, support, steer and sustain innovation in the organization are the true Innovation Leaders for the enterprise. Innovation Leaders share specific attributes that distinguish them from other corporate leaders—including creativity, vision, pragmatism, reliability, influencing, diplomacy, collaboration, courage, planning, team building, coaching, and commanding abilities.
The topics covered in detail in this deck include:
• 6 Attributes of Innovation Leaders
• Front-end vs. Back-end Innovation Leadership
• 4 Dimensions of Innovation Strategy
• 4 Categories of Innovation Strategy
• 4 Innovation Strategies and Associated Leadership Profiles
This presentation summarizes the response to the critical question of how senior executives stimulate, steer and sustain innovation.
The presentation deck also includes some slide templates for you to use in your own business presentations.
This PPT delves into the critical distinction between front-end and back-end innovation leadership. Front-end leaders are visionaries, driving new ideas and fostering a culture of creativity. Back-end leaders, on the other hand, excel in execution and operational efficiency. Understanding these roles is essential for balancing innovation and execution within your organization.
The four dimensions of innovation strategy—objective, focus, intensity, and boundaries—are explored in detail. Each dimension addresses key questions such as why, where, how much, and with whom to innovate. This framework helps senior executives align their innovation efforts with strategic goals, ensuring a comprehensive approach to innovation management.
The presentation also outlines four categories of innovation strategy: new business creation, radical innovation, incremental innovation, and business reinforcement. Each category requires a unique leadership profile to drive success. The document provides actionable insights and templates to help you implement these strategies effectively, making it a valuable resource for any innovation-driven organization.
This PPT slide outlines a framework for innovation strategy, categorized into 4 distinct dimensions. These dimensions are critical for organizations aiming to navigate their innovation efforts effectively. The framework is structured around 2 primary axes: the objective of innovation and the focus of innovation.
On the vertical axis, the objectives are divided into 2 categories: "New business creation" and "Business reinforcement." This distinction highlights the different goals organizations may pursue through innovation. New business creation focuses on developing entirely new offerings or markets, while business reinforcement emphasizes enhancing existing products or services to maintain or improve market position.
The horizontal axis presents the intensity of innovation, ranging from "Radical" to "Incremental." Radical innovation involves significant changes that can disrupt markets or create entirely new ones, whereas incremental innovation refers to smaller, gradual improvements that enhance current offerings.
The intersection of these axes creates a matrix that defines 4 innovation thrusts. Each quadrant represents a unique approach to innovation based on the organization's objectives and the intensity of change desired. This structured approach allows senior management to critically assess where to allocate resources and efforts in their innovation strategy.
The slide also emphasizes the importance of boundaries, indicating that organizations must consider with whom they will innovate. This aspect is crucial for collaboration and partnership decisions, which can significantly impact the success of innovation initiatives.
Overall, this framework serves as a strategic tool for executives to align their innovation efforts with organizational goals and market demands.
This PPT slide outlines the 4 critical dimensions of an innovation strategy, structured in a diamond format that emphasizes their interrelatedness. Each dimension poses essential questions that guide organizations in formulating their innovation approach.
The first dimension, labeled "Objective," prompts organizations to clarify the purpose of their innovation efforts. It raises the fundamental question of whether the goal is to reinforce existing business operations or to create entirely new ventures. This distinction is crucial as it influences the direction and resources allocated to innovation initiatives.
Next, the "Focus" dimension addresses where innovation should occur. It encourages leaders to consider the specific areas of innovation—whether in products, services, or systems. This focus is vital for aligning innovation efforts with strategic priorities and market needs.
The third dimension, "Intensity," examines the magnitude of innovation efforts. It questions how much innovation is necessary, whether it should be radical or incremental. This dimension helps organizations assess their risk tolerance and the potential impact of their innovation strategies.
Lastly, the "Boundaries" dimension explores the scope of innovation activities. It asks whether innovation should be pursued internally or in collaboration with external partners. This consideration is important for leveraging resources and expertise effectively.
The slide concludes with a reminder for innovation leaders to be mindful of the key questions associated with each dimension. This structured approach enables organizations to develop a comprehensive and coherent innovation strategy that aligns with their overarching business objectives.
This PPT slide outlines 2 distinct innovation strategies: New Business Creation and Radical innovation. Each strategy requires specific leadership profiles to effectively guide teams through the innovation process.
In the New Business Creation section, the focus is on the need for "mentors." These leaders are characterized as dependable yet demanding, tasked with steering teams toward market readiness. Their role is not just to provide oversight, but also to shield teams from typical hierarchical distractions that can impede progress. This suggests a need for a supportive environment where innovation can thrive, emphasizing the importance of resource allocation and coaching during challenging phases of project development.
The Radical section shifts to the concept of "architects." These leaders are described as far-sighted and practical, essential for executing entirely new business models or system innovations. Their role involves coordinating both internal and external resources, ensuring that all components work seamlessly together. The emphasis here is on visioning, indicating that these leaders must possess the ability to foresee the outcomes of their strategies and meticulously plan for every implementation step. This highlights the complexity of radical innovation and the necessity for a structured approach to manage it effectively.
The concluding note on leadership styles indicates that they should align with the chosen innovation strategy. This suggests a tailored approach to leadership, recognizing that different strategies may demand varying styles to optimize effectiveness. Overall, the slide presents a clear framework for understanding the leadership dynamics necessary for successful innovation initiatives.
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.
For $10.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.
ABOUT FLEVYPRO
This document is part of the FlevyPro Library, a curated knowledge base of documents for our FlevyPro subscribers.
FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits.
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
Read Customer Testimonials
"As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor
the material for specific purposes helped us to make presentations, knowledge sharing, and toolkit development, which formed part of the overall program collateral. While FlevyPro contains resource material that any consultancy, project or delivery firm must have, it is an essential part of a small firm or independent consultant's toolbox.
"
– Michael Duff, Managing Director at Change Strategy (UK)
"FlevyPro provides business frameworks from many of the global giants in management consulting that allow you to provide best in class solutions for your clients."
– David Harris, Managing Director at Futures Strategy
"The wide selection of frameworks is very useful to me as an independent consultant. In fact, it rivals what I had at my disposal at Big 4 Consulting firms in terms of efficacy and organization."
– Julia T., Consulting Firm Owner (Former Manager at Deloitte and Capgemini)
"One of the great discoveries that I have made for my business is the Flevy library of training materials.
As a Lean Transformation Expert, I am always making presentations to clients on a variety of topics: Training, Transformation, Total Productive Maintenance, Culture, Coaching, Tools, Leadership Behavior, etc. Flevy
It is well worth the money to purchase these presentations. Sure, I have the knowledge and information to make my point. It is another thing to create a presentation that captures what I want to say. Flevy has saved me countless hours of preparation time that is much better spent with implementation that will actually save money for my clients.
"
– Ed Kemmerling, Senior Lean Transformation Expert at PMG
"I like your product. I'm frequently designing PowerPoint presentations for my company and your product has given me so many great ideas on the use of charts, layouts, tools, and frameworks. I really think the templates are a valuable asset to the job."
– Roberto Fuentes Martinez, Senior Executive Director at Technology Transformation Advisory
"Flevy.com has proven to be an invaluable resource library to our Independent Management Consultancy, supporting and enabling us to better serve our enterprise clients.
The value derived from our [FlevyPro] subscription in terms of the business it has helped to gain far exceeds the investment made, making a subscription a no-brainer for any growing consultancy – or in-house strategy team."
– Dean Carlton, Chief Transformation Officer, Global Village Transformations Pty Ltd.
"Last Sunday morning, I was diligently working on an important presentation for a client and found myself in need of additional content and suitable templates for various types of graphics. Flevy.com proved to be a treasure trove for both content and design at a reasonable price, considering the time I
saved. I encountered a download issue during the ordering process. However, a quick email to Flevy's support team, even on a Sunday (!!!), resulted in assistance within less than an hour, allowing me to download the content I needed. Fantastic job, Flevy! I give 5 stars for both content/price and customer service. Thank you!
"
– M. E., Chief Commercial Officer, International Logistics Service Provider
"I have used FlevyPro for several business applications. It is a great complement to working with expensive consultants. The quality and effectiveness of the tools are of the highest standards."
– Moritz Bernhoerster, Global Sourcing Director at Fortune 500
Save with Bundles
This document is available as part of the following discounted bundle(s):
Download our free compilation of 50+ slides and templates on Organizational Design, Change Management, and Corporate Culture. Methodologies include ADKAR, Burke-Litwin Change Model, McKinsey 7-S, Competing Values Framework, etc.
Download our free compilation of 50+ slides and templates on Organizational Design, Change Management, and Corporate Culture. Methodologies include ADKAR, Burke-Litwin Change Model, McKinsey 7-S, Competing Values Framework, etc.
Click main image to view in full screen.
