Company introduction
8
1 Customized Implementation of the Growth Through Innovation Process to Win New Innovation Challenges The GTI process starts by designing a strategic framework for growth – defining the ambition, drivers and criteria of new growth areas. Focused business creation workshops lead to a multitude of ideas, which are filtered out and consolidated into early concepts. Solid business plans are co-developed for joint business incubation. Throughout the process, internal and external expertise and market understanding are leveraged through new types of networking. Direct access to 220 Avalon Technology engineers for immediate implementation support. Harryson Consulting Group
-
Upload
2010iknowwho -
Category
Documents
-
view
345 -
download
1
Transcript of Company introduction
1
Customized Implementation of the Growth Through Innovation Process to Win New Innovation Challenges
The GTI process starts by designing a strategic framework for growth – defining the ambition, drivers and criteria of new growth areas.
Focused business creation workshops lead to a multitude of ideas, which are filtered out and consolidated into early concepts.
Solid business plans are co-developed for joint business incubation.
Throughout the process, internal and external expertise and market understanding are leveraged through new types of networking.
Direct access to 220 Avalon Technology engineers for immediate implementation support.
Harryson Consulting Group
2
Six tasks define and select the best innovation opportunities with clear roadmaps for implementation
Framing thePlatform
for Growth
Framing thePlatform
for Growth
Brainstorming Opportunities
for Growth
Brainstorming Opportunities
for Growth
Filtering outthe Top Ten Candidates
Filtering outthe Top Ten Candidates
Developing and Ranking Top-Level Busi-ness Cases
Developing and Ranking Top-Level Busi-ness Cases
Running Detailed
Feasibility Studies
Running Detailed
Feasibility Studies
Selecting Top Candidatesfor Growth
Selecting Top Candidatesfor Growth
StrategicFramework with Clear Selection
Criteria
StrategicFramework with Clear Selection
Criteria
Hundreds ofIdeas
5-15 InitialConcepts
1-3 SelectedInnovation
Projects
1-3 SelectedInnovation
Projects
3-6 BusinessCases
3-6 BusinessCases
Identify the Right People and Provide the Right Stimulus and
Scope for Breakthroughs
Use Simplicity and Crystal Clear Criteria
to Deal with Complexity
Use theFramework for
Transparent Selection
Set Prioritiesfor Profitable
Growth
Assess Risk/Rewardto Identify and Select
Potential Winners
Business Need Validation by
Lead Customer Board
Business Need Validation by
Lead Customer Board
Harryson Consulting Group
3
Implementing Knowledge Networks for Cost-Efficient Growth
Acquiring and selecting business
Writing thebusiness
Servicing customers
Which business is most profitable?
What risks have already been offered and to whom?
What are the right products in this situation?
How to better identify risks? How to price accurately? How to partner with
customers to reduce claims frequency?
What policy and endorsements should I use?
How to reduce claim severity?
What Risk Mgmt should I offer my customer?
Which questions should I ask at a Nuclear plant visit?
Business processBusiness process
KnowledgerequirementsKnowledge
requirements
Immediate knowledge
access
Immediate knowledge
access
Earthquakeguide
Current industry practice
Database on burning costs
Rating tools, wordings,special clauses
Referrals, questionnairesfor site visits
Recent trends inNuclear Energy
Risk specialistsPricing specialists
Claim specialistslegal support
New ideas forproduct development
New pricingstrategies
Conference on efficient claim procession process
Product specialistExternal consultants
ToolboxToolbox
Technicaldocumentation
Technicaldocumentation
Rating/PricingRating/Pricing
UW supportdocuments
UW supportdocuments
RiskEngineering
RiskEngineering
Topic NetworksTopic Networks
Skill InventorySkill Inventory
Discussion CornerDiscussion Corner
Knowledge Network Business Process
Harryson Consulting Group
4Harryson Consulting
1. Continued: Mapping of Step-by-Step process from initiation to completion of a development agreement
BUBU
BU
BU
BURA
W I
DE
AS
External environment Firm
An interactive web-based Open Innovation platform filters a diverse set of ideas and pre-processes it for easier transfer into internal R&D processes.
Matching External Ideas with the Internal Organization – Web Based Filtering and Human Match-Making
Harryson Consulting Group
BU
BU
BU
BU
5
Please visit VIA 2.0 at www.pioneering-innovation.com (You get an English version by clicking the British Flag in the lower left corner ;-)
INTERACTIVE INTERACTIVE CONTENT CONTENT
USER TOOLKITS USER TOOLKITS CREATE CREATE
STANDARD IDEA STANDARD IDEA FACT SHEETSFACT SHEETS
Harryson Consulting Group
6
Re-Designing and Re-Location Value Chains to High Growth Regions
Total Costs - three scenarios compared
-
500.000
1.000.000
1.500.000
2.000.000
2.500.000
3.000.000
3.500.000
4.000.000
1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35
D&E in China, Mixed team-Totalcost for the team
D&E in Sweden, Mixed team-Totalcost for the team
D&E in Sweden, Swedish team-Total cost for the team
Identifying the right activities – such as R&D as a whole, or different development steps – to be transferred abroad
Understanding critical barriers and leveraging the right enablers when transferring parts of the innovation network across countries
Strategy and controlled execution of transnational knowledge and technology transfers
Developing Innovation centers abroad while securing their effective corporate integration
Complete business modelling to assess the cost impact
Harryson Consulting Group
7
Managing Momentum From Vision to Value – Based on strategic co-ordinates
Define the strategic value based co-ordinates of the vision
Link to operations through a high-performance business scorecard
Establish an efficient report and communication process
Enable people to reach the vision through corrective actions and organizational learning
Example
Current Position
% ROI new products Market share
# of patents Sales growth
10% 20%
350 3%
One year target
% ROI new products Market share
14% 25%
# of patent Sales growth
450 6%
Ambition
% ROI new products Market share
30% 50%
# of patents Sales growth
1,000 15%
Current Gap:Distance to destination
Strategic Speed:Speed of closing the
gap to destination
Harryson Consulting Group
8
Three strategic levels with different time-perspectives
Our R&D and Innovation Management expertise serves as an outstanding base for identifying and analyzing the competitive advantages required of our clients to create and sustain high margins through a sustainable innovation leadership position
Our international team and market research expertise contribute to solid data collection and pricing analyses
Strategic pricing projects also benefit from our expertise in segmentation and strategic intelligence
Capturing the Premium of Innovation through Strategic Pricing Across three Levels
Transactional pricing- Short Term
Value pricing- Mid Term
Innovation leadership- Long Term
The Innovation Premium
Harryson Consulting Group
