Cover Angebot. Agile Innovation Management. How to manage innovation more efficiently and profitably. we show you the way

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1 Cover Angebot we show you the way Agile Innovation Management How to manage innovation more efficiently and profitably

2 Agile Innovation Management = Innovation Together with the Customer Starting Point Objectives Tight resources Technology first, customer second Scant knowledge of current trends, opportunities, and risks Problems coordinating innovation Failure to capitalize on plans and ideas Success with Agile Innovation Management Implement successful agile concepts in all project phases Need for Optimization Get the customer involved Understand and assess customer value Create internal culture of innovation Learn to learn Market knowledge Flexibility Relevant market information Create points of contact with the customer Recognize one s own strengths Ongoing monitoring of success P. 2

3 Agile Innovation Management Multiplies Rate of Innovation Advantages Success rate of agile innovation management 39% Innovation projects 18% Large innovation projects Success rate of traditional innovation management Innovation Projects Large Innovation Projects 39% 11% Innovation projects Traditional 3% Large innovation projects Agile 3% 11% 18% Quelle: The Standish Group, Chaos Report 2015 P.3

4 Agile Innovation Management Encompasses an Array of Measures Advantages Integration of stakeholders across various levels Ongoing testing Flexible learning We show you which stakeholders you need to involve at what point in the innovation process We create tailored test scenarios with you that you can apply during the entire span of your project We develop logical feedback loops so you won t forget what you have learned Knowledge management within the company We help you to design a knowledge management framework for your company so that everyone working on a project has access to the same level of information Team building We help you to put together a solid innovation team Provisioning We generate business volume with you even during the innovation project Analysis and implementation from a single source Our consultants develop procedures with you and help you to implement them P 4

5 Customers decide if your innovation is good or not - getting them on board is the success factor Advantages Market Brainstorming & Research Development & Implementation P.5

6 5 Steps for Increasing Efficiency in Innovation Management 5 Steps of Innovation Management 5 Steps 4. Implementation 5. Controlling 1. Innovation Audit 2. Agile Market Research Customer feedback Radar trends 3. Action Plan Project planning Organizational structure Communication Implementing results Feedback loop Integrating customers Cost, benefit, and risk analysis Culture of innovation Strategy & mission Benefit analysis & market simulations Innovation pipeline Profitability Increase profitability With shorter development times With products that satisfy customer value P. 6

7 How large is your innovation potential? Step 1 Audit 5 Steps Audit Goal Transparency of your innovation potential Approach Method Result We analyze your culture and history of innovation in terms of your strategy and mission We analyze your current innovation pipeline We show you your current innovation potential Interviews with 5-7 key persons in your company Analysis of strengths and weaknesses Classification of your current innovations Survey: One-time You understand the current state of your company P. 7

8 Innovation Potential Can Be Measured Step 2 Market Intelligence 5 Steps Market Intelligence Goal Approach Knowledge of relevant markets of the future Method Result We analyze your target markets with regards to trends, potentials, and risks We analyze your relevant markets overall market development, market of the competition, & user market We identify hidden needs and customer value Professional interviews Market and price simulations with conjoint analysis Focus groups and in-depth interviews A mix of the above according to marketability You understand what the market and the customer is ready for P. 8

9 Market Development Example charts Overview of the entire market development Positive Development Due to Upswing in Constrution Industry Germany: Market Development f; Quantity in Units x 1.000, Value in Mio EUR Market Analysis e 2018f 2019f 2020f CAGR 17-20f 3.128, ,8 11,6% 2.754, ,0 Units 2.059, ,8 87,6 104,9 121,5 141,9 162,3 172,6 12,4% Value in Mio 19,8% 18,9% 15,9% 15,3% 16,8% 16,0% 14,4% 13,6% 6,3% 5,6% Quantity Value Annual Change in % 35 P.9

10 Focusing on the Right Steps Step 3 Action Plan 5 Steps Action Plan Goal To create transparent innovation structures and procedures Approach Method Result Creation of organizational requirements for the selected innovation project in terms of: Processes Teams & organization Communication Regulation & control Interviews with key persons in your company Workshops You understand the measures your innovation management needs to follow P. 10

11 Step-by-Step Implementation Step 4 Implementation Advantages Implementation Goal Implementation of the necessary measures Approach Method Result Together with you, we implement the identified measures in one or more innovation projects Feedback loops: interviews, workshops Introduce feedback loops to learn from the results Integrate your customers in a meaningful way User integration: Methods according to type of innovation and status of project: open innovation, interviews, survey, focus groups, workshops, support during field tests, etc. More innovation output P. 11

12 Ongoing Controlling of Costs and Results Step 5 Controlling 5 Steps Controlling Goal Ongoing controlling of results and costs Approach Method Result You gain control of the costs, benefits, and risks of your activities Interviews / Workshops with key persons of the innovation process Analysis of the projects (costs, personnel costs, duration, time to market, etc.) Creation of a controlling system Clear results and true costs P. 12

13 What else you should know about us Advantages For over twenty years, Interconnection Consulting has been applying its consulting and research expertise in the area of innovation management Our consultants all have long-standing experience in innovation management within the fields of international research and industry, and will gladly help you to create a holistic process for increasing your innovation output Speed is one of our core values: We optimize time to market and focus on customer value and needs by employing the latest methods Together with our business partners, we will also gladly advise you in the area of grant management P. 13

14 Your Investment in Viability Pricing Your investment costs: Our services include consulting sessions and project-oriented market research costs, which vary according to the method and scope of survey. 1 day-long consulting session - Senior Consultant: EUR 1,790 /Junior Consultant: EUR 1,290 We will be pleased to make you an individual offer!

15 Selected References References IC is a permanent partner of ours and provides helpful data for decisions. Mr. Bernd Blümmers Director General, Saint-Gobain Solar Systems, Central Europe, Aachen, Germany

16 Contact We re always glad to answer any questions you may have! Interconnection Consulting Getreidemarkt 1, A-1060 Wien Doris Bankosegger Market Analyst Tel: Fax: bankosegger@interconnectionconsulting.com Interconnection Consulting Vienna Bratislava Lviv Buenos Aires Oberstdorf Submit a request