Accelerating Brand Innovation April 2002. HENSHALL & ASSOCIATES 2 Reflections identify and decide on...
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Transcript of Accelerating Brand Innovation April 2002. HENSHALL & ASSOCIATES 2 Reflections identify and decide on...
Accelerating Brand Innovation
April 2002
HENSHALL & ASSOCIATES2
Reflections
• identify and decide on new programs or initiatives?
• prospect for new opportunities?• get involvement? When, how, stages? • nurture discoveries and thwart idea killers?• as a culture use prototypes? Betas?• assess what’s working or not?• work to speed the process and reduce costs?
How do you….
HENSHALL & ASSOCIATES3
• What is the emerging context for business over the next 10 years?
• What skills and competencies will the future require? • How do you devise a clear innovation strategy?• Is your approach to market research failing new
product - service breakthroughs?• Are you effective at thinking forward, beyond
competitors - collaboratively?• What questions should you really be asking?
In the knowledge economy learning faster may be the only competitive advantage!
How do you speed up succcessful strategy generation?
Can we predict the future?
HENSHALL & ASSOCIATES4
Reputations & relationships drive tomorrow’s value creation
Traditional Model• Think Excellence
• Best Practice / Specs.
• Scorecard Measures capture past performance
• Inconclusive, inaccurate, untimely data from key market(s)
• How to gather ongoing data from key market(s)?
• How to develop new products and services?
Network Model• Think Connectivity
• Prototypes / rapid learning
• Accurate and timely information on needs and preferences
• Key markets are always accessible, (24/7/365)
• Products introduced to market 2-3 times faster
• Knowledge available and shared
• Links & speeds network learning
Resulting in:
Increased bottom-line results, (revenue and costs)
Faster decision making
Products/services introduced faster
Greater brand loyalty
Increased customer satisfaction
HENSHALL & ASSOCIATES5
Example designing new learning processes
Start NavigateBuild Innovation Space
Run Rapid Prototypes
Expand Networks
Database Assessment
Chart
Internal Conversations
Project Network
Brand Position
Remarkable People
Creative Sensors
Future Narratives
Risk Options
STEEP
Trends
Future Needs Simulator
Experience Design
Exploratory Prototyping
Network Conversations
Connective Feedback
Creative Learning Networks
Current Narrative Stories
Sustainable Brand Innovation
Internal
Ext
erna
l
Brand ScenariosWorkshop
Modeling Workshop
Bet
a T
esti
ng
Scorecard
Online Internal Assesment
Core Project Team
Permission Panels
Mental Models
Project Team
Innovation Space
Concepts
Accelerate Learning
Internal - Brand Worshop
HENSHALL & ASSOCIATES6
Stuart HenshallPrincipal - Innovation Architect
• 20+ years leading strategic product development
• GBN Global Business Network Scenario Practioner
• Member Entovation Network E100 - Global Knowledge Innovation Leader
• Founder KCI Knowledge Communities International
• SVP Marketing & Sales - Consumer Products
• Facilitator, speaker, writer, Haas & U of Ak. Executive Programs
Stuart Henshall
HENSHALL & ASSOCIATES7
To acclaim
• “Stuart provided us with the external push we needed to take us outside of our comfort zone and into the realm of future possibilities we needed to explore.”
Gary Anderson Chairman and CEO of Dow Corning
• “The bringing together of diverse minds creates an environment that is ripe for attaining leadership in new marketspaces!”
Luce Chandon – Manager Comtech Communications
• "Stuart is a highly skilled strategist, facilitator, and consultant. I value his content knowledge about e-commerce as well as his process skills in managing groups and projects."
Jay Ogilvy, Co-founder of Global Business Network
• “….. a framework that will help tie together various development initiatives into a platform which will be the basis for future growth…...”
Liz Koh General Manager E.S.R.