The Communication Initiative Network

Where communication and media are central to social and economic development

E-magazines


Average Rating: 5 out of 5 (2 ratings submitted)

Innovation, Growth, and Getting to Where You Want to Go

Summary

In this article on "design thinking" - encompassing design research and the design process - the authors present the “ways to grow” model to help managers direct and assess innovation efforts, using design thinking as a business asset. The authors work from the premise that "innovation loves structure".

They recommend that "innovation bias" be determined in the initial stage of a design process and list these three questions to identify biases:

  1. Human: “How might we become more relevant to people outside our existing markets?”
  2. Technology: “How might we leverage this new technology in the marketplace?”
  3. Business: “How might innovation allow us to grab share from our competitors in this growing new market?”


Next, they offer the framework "Ways to Grow", for "identifying, describing, and prioritizing opportunities for growth in a way that is simple yet actionable." The "Extend and Create" categories are suited to new offerings, while the "Manage" and "Adapt" categories are suited to existing offerings. Viewing the vertical columns, the "Extend" and "Manage" categories are focused on existing users, while the "Create" and "Adapt" categories are suited to new users.


EXTEND                     MANAGE

• Extending brands     • Raising price

• Share of wallet         • Raising usage

• Leveraging users      • Winning share

CREATE                     ADAPT

• Creating markets     • Expanding footprint

• Disrupting markets   • Winning share

A second tool is used: "a) to identify the type of growth you intend to create, b) to recognize the scope of that challenge and deploy an appropriate innovation process, and c) to assess your portfolio of innovation efforts. It uses quadrants to assess growth as "revolutionary, evolutionary, or incremental." Placing a process in one of its quadrants can help match resources and processes, including the right type of people to assign to the team, and the right type of outcome measures to measure success. For example, a revolutionary project requires exploration-focused processes and people, while an incremental project requires execution-focused processes and people.

Source: 

"Innovation, Growth, and Getting to Where You Want to Go" by Ryan Jacoby and Diego Rodriguez, in Design Management Review, Vol. 18 No. 1.

Teaser: 

"Way to Grow" Design Model

5
Average: 5 (2 votes)
Your rating: None

Contact

Design Management Review
Design Management Institute (DMI)
Tel: 617 338 6380
Fax: 617 338 6570

Source

"Innovation, Growth, and Getting to Where You Want to Go" by Ryan Jacoby and Diego Rodriguez, in Design Management Review, Vol. 18 No. 1.



Placed on the Communication Initiative site May 22 2008
Last Updated May 23 2008



How useful did you find the knowledge and contacts on this page to your work?


5
Average: 5 (2 votes)
Your rating: None

Post your comments (review comments from others below):

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

COMMENTS POSTED


PREMIER EVENTS LLC ,dubai uses its Innovative method for market penetration..your article shed more light on them. I appreciate your article..it looks more practiacal and effective one

Help Seed The CI Network

Jobs and more...

Journalist/Reader Connection

What are the best possibilities for journalist-readership connections? (you may choose more than one; please add clarifying comments)