Framework for Dual Innovation Ecosystem Models PPT
This PPT slide, part of the 25-slide Dual Innovation Ecosystem Strategy PowerPoint presentation, presents a framework for understanding the Dual Innovation Ecosystem Strategy through 3 distinct models: balanced, centralized, and decentralized. Each model is characterized by its approach to innovation, organizational structure, and focus areas, which are crucial for decision-making in innovation strategy.
Model 1 is labeled as balanced, indicating a dual focus on both business units (BUs) and corporate-level initiatives. This model emphasizes the importance of creating new opportunities while reshaping and optimizing existing core operations. The playing fields are clearly defined, with "Create the New," "Reshape the Core," and "Optimize the Core" as key areas of focus. The arrows suggesting "Adapt" and "Scale" imply a dynamic approach to innovation that allows for flexibility and growth.
Model 2 is centralized, concentrating solely on corporate initiatives while limiting the role of business units to a specific focus area. This model may facilitate streamlined decision-making and resource allocation at the corporate level, but risks stifling innovation at the BU level. The same playing fields are present,, but the emphasis shifts, potentially leading to a more rigid structure.
Model 3 is decentralized, placing the onus of innovation on business units while the corporate entity focuses on a different playing field. This model allows for greater autonomy and responsiveness at the BU level, which can drive innovation, but may lead to misalignment with corporate goals.
The slide concludes with a note on evolutionary innovation, suggesting that organizations must critically assess their limitations and adapt their strategies accordingly. This framework serves as a guide for executives contemplating how to structure their innovation efforts effectively.
This slide is part of the Dual Innovation Ecosystem Strategy PowerPoint presentation.
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Innovation Management Business Model Innovation Organizational Structure Innovation
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