cisco / government of south australia—department of premier and cabinet / nab / pwc / zoos south australia / government of south australia—department of state development / concordia university / raa / nikkai university / deloitte / technische universitÄt dresden /renewal sa / robin hood ventures / government of south australia—department of communities and social inclusion / adelaide city council / university of technology sydney / adelaide smart city studio / temple university—fox school of business / ach group / tech ranch / wyatt / centennial park / flinders university—australian industrial transformation institute / good company ventures

SOME OF OUR INNOVATION PARTNERS

The ınnovatıonLab is tailored to your organisation’s needs. To enquire about the ınnovatıonLab contact us via email at innovation@flinders.edu.au or phone (08) 8201 7928

nviflinders.com.au/llab

journey: deliver impactDuring the third deep dive participants’ focus will shift from creating value to commercialising value and optimising impact, learning and practicing innovation techniques to unlock, deliver and capture value.

toolkit ཀྵ Business Model Innovation :

Commercialisation and Routes-to-Market; Business Model Design

ཀྵ Business Model Fit: Business Model Canvas

ཀྵ Environmental Analysis: Trend Analysis; Macroeconomic Forces; Industry Forces; Market Forces

ཀྵ Business Model Validation: Assumptions Testing

ཀྵ Generating Buy-In: Storytelling for Influence

outcomeParticipants build and test business models that create, deliver and capture value for the user and organisation. The objective is to facilitate go/no-go decisions, identify commercialisation pathways and accelerate business model fit and early launch.

journey: build scaleIn the fourth and final deep dive, the focus is on sustainability on a participant level as well as a broader organisational level. Within their team, participants will learn and practice innovation techniques to scale innovation initiatives and contribute to an organisation and culture of sustained innovation and transformation.

toolkit ཀྵ Scaling-Up: Growth Hacking,

Building Movements ཀྵ Sustaining Innovation: Innovation

Portfolio; Innovation & Growth Lifecycles

outcomeParticipants adopt a long-term approach to innovation, ensuring initiatives and outcomes are scalable and sustainable, embedding innovation into the organisational DNA.

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the ınnovatıonLab Model is a hands–on innovation prograM that fuses capability building, practical acceleration and opportunity developMent within organisations.

The Innovation Lab Framework is built around three pillars:

ཀྵ The Innovation journey: Working on live initiatives, participants develop their innovation competence and experience during four, one-day, “deep-dives”, each aligned with a key stage of the innovation journey from ideation through validation, launch and scale.

ཀྵ The Innovation toolkit: We build participants’ capability across a range of contemporary, best-practice innovation methodologies and frameworks e.g. Design Thinking, Agile Innovation, Business Model Design.

ཀྵ The Innovation outcome: The Innovation Lab is outcomes and impact focused. We build participants’ ability to accelerate the process of developing and validating the commercial and social potential of proposed new opportunities and ventures.

THE FRAMEWORKjourney: discover opportunityThe first deep dive focuses participants on the discovery and generation of opportunities within the organisation and the exploration of the “problem space”.

toolkit ཀྵ Innovative & Creative Thinking: Growth

Mindset, Divergent & Convergent Thinking Tools, Diversity & Teams

ཀྵ Exploring Problem Spaces: Design Thinking; Problem Definition & Framing; Assumptions Matrix

ཀྵ Insights & Analysis: Root Cause; Stakeholder & Journey Mapping; User Empathy & Personas Creative Problem Solving: Generating & Evolving Solutions, Innovation Sweetspot; Problem –Solution Fit.

outcomeParticipants are challenged to ensure the problem being addressed is fully understood and validated by users before resources are invested in building solutions.

journey: create valueThe second deep dive challenges participants to convert opportunity into unique and valuable user solutions. Participants will explore the “solution space”, focussing on customer-centred, agile product/service development and on the search for product/market fit.

toolkit ཀྵ Value Proposition Design:

Value Proposition Canvas ཀྵ Customer Development Methodology:

Customer Segmentation & Profiles, Jobs-to-be-Done & Value Mapping

ཀྵ Competitive Advantage & Unique Value Proposition Development

ཀྵ Agile Innovation & Validation: Build-Measure-Learn; Rapid Prototyping Principles & Practice

outcomeParticipants are challenged to rapidly build and validate solutions that deliver a unique value proposition to users. The objective is to test for assumptions, de-risk investment, identify minimum viable product and accelerate product/market fit.

ཀྵ discover opportunity: recogNisiNg the right chAlleNges ཀྵ create value: creAtiNg uNique vAlue propositioNs ཀྵ deliver impact: DesigNiNg iNNovAtive busiNess moDels ཀྵ build scale: embeDDiNg iNNovAtioN iNto the orgANisAtioNAl DNA

T H E I N N O V A T I O N J O U R N E Y