1. Idea Insights from GNPS Inverted Innovation Part 2 of 4 Episode 15-13 www.globalnpsolutions.com/idea-incubator/ 1 2. Idea Insights from GNPS Traditional vs. Inverted Innovation Models Traditional Innovation: who, why, what? Inverted Innovation What is our business? Why can we be successful? Who are necessary partners? www.globalnpsolutions.com/idea-incubator/ 2 3. Idea Insights from GNPS What is the Business? What is the business? What is the business not? Product or service does not describe the business Example: university does fundamental research But, university does not establish manufacturing enterprise Require different skill sets www.globalnpsolutions.com/idea-incubator/ 3 4. Idea Insights from GNPS What No firm can achieve long-term success if it fails to define what its business is and what its business is not Innovation strategy clarifies the purpose and communicates clear understanding Inverted innovation broadens the perspective of the firm beyond existing customers Introduce disruptive innovations! www.globalnpsolutions.com/idea-incubator/ 4 5. Idea Insights from GNPS For More Information See the full post at the Idea Incubator Blog www.globalnpsolutions.com/idea-incubator/ Free registration Contact me! 1-281-280-8717 info@globalnpsolutions.com 2323 Clear Lake City Blvd., #180-177 Houston, TX 77062 www.globalnpsolutions.com/idea-incubator/ 5 Click here