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IMP³rove
European Innovation Management Academy
Experience sharing by Iraklis Agiovlasitis:Developing an Innovation Strategy
Iraklis Agiovlasitis, FFG – Austrian Research Promotion Agency
June 29, 2018
202.12.2015/49907dwww.improve-innovation.eu; IMP³rove is a registered trademark
Agenda
Welcome
Experience sharing by Iraklis Agiovlasitis: Developing an Innovation Strategy
• The problem
• Some theory
• A tool
• FFG‘s process
• Example
Final Q&A and wrap-up
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Welcome and introduction
Source: A.T. Kearney Library Map, 2014
• We will put you on mute to
enhance the audio quality
• You can „raise your hand“
and we will call you up
• You can type in your
questions via the online
chat (right box at the
bottom) Please address the
question to “Everyone” or to
“Mark Steins” (right box at
the bottom).
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Experience sharing by Iraklis Agiovlasitis: Developing an Innovation Strategy
• The problem
• Some theory
• A tool
• FFG’s process
• Example
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01 //
What is the
problem?
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Innovation strategy
“it’s all Greek to me”
Innovation strategy
“it’s all Greek to me”
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Innovation strategy
“it’s all Greek to me”
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Innovation strategy
“it’s all Greek to me”
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Innovation strategy
“it’s all Greek to me”
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What is your vision of the future?
What are the key trends that are impacting your industry?
How do you plan to respond by innovation?
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Innovation strategy
• Vision and strategic focus on innovation
• Implementation of strategy
Organization and culture
• Roles and responsibilities
• Organizational structure
• Organizational culture and climate
Innovation life cycle processes
• Idea management
• Product/service/business model/organizational or process development
• Launch and continuous improvement
Enabling factors
• Project management
• Human resources and incentives
• IT and knowledge management
Innovation results
• Growth in revenue
• Growth in profit
• Growth in number of employeesInnovation results
Innovation life-cycle management
Enabling factorse.g. Human resource management, IP-/knowledge management,
project and program management, controlling and IT
Innovationorganization and culture
Product/ service/ business model/
organisation/process development
Idea management
Launch/ continuous improvement
Innovation strategy
1
2
3
4
5
Source: IMP³rove – European Innovation Management Academy 2016
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Strategy
“the roof is on fire”
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Meeting part of the criteria
Meeting all assessment criteria
86%
14%
Have no innovation strategy at all
Do have an innovation strategy
Ntotal= 2,544 small and medium-sized companies within the EUSource: IMP³rove – European Innovation Management Academy; Figures as of October 2016
Criteria:
• It results from an analysis of
potential business areas for
future innovation activities
• It sets clear objectives for
your innovation
management activities
• It guides your idea
management
• …
22%
78%
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the
coherency problem
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02 //
theory
(but quick)
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Definitions
An innovation strategy is a plan to grow market share or profits through product and service innovation.
A plan made by an organization to encourage advancements in technology or services, usually by investing in research and development activities.
From: https://strategyn.com/innovation-strategy/
From: http://www.businessdictionary.com/definition/innovation-strategy.html/
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inspiring
ambitious
open
specific
communicated
adaptive
innovation
strategy
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How to develop an Innovation Strategy with an SME client within the EIMC Framework:a tool and a process
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1. HOW?
COMPANY: VERSION: 0.1
4. AIMING?
2. WHERE? 3. WHAT?
5. WHEN?
6. WHAT IS OUT THERE?
7. PLAN?
DATE: 14/05/2018
0. WHY?
Innovation Strategy Canvas
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1. ROLEQUALITATIVE VISION
1. Market-, Competition-, Technology-,
Time- or Cooperation -oriented
2. Development, Differentiation,
Sustainability
COMPANY: VERSION: 0.1
4. TARGETSQUANTITATIVE TARGETS
• Duration: e.g. 3 years,
• KPIs (Output, Process, Input)
2. FIELD1. Key technologies or domains
2. Current Portfolio and new offerings
3. Markets
4. Innovation search fields
3. TYPE• Product/Service
• Process
• Organisational
• Business Model
• Hybrid
5. MARKET ENTRY• First mover,
• Pioneer,
• Early Follower,
• Late Follower
6. PLATFORMS & MONITORING• Themes and ecosystems
• Future scenarios
• Platforms
• Competition and external factors
7. IMPLEMENTATION• Resources and Know-how (internal, external)
• Tools (Project Management, Idea Management, Process Management, CRM,
Business units etc)
• Innovation Roadmaps based on key technologies and markets (internal,
external)
• Steps, Duration
DATE: 14/05/2018
0. INNOVATION NEED:
Innovation Strategy Canvas
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STEP 1
Workshop
Innovation Strategy #1
• FFG
STEP 2
Intermediate Report
• FFG
STEP 3
Homework/To-Dos
• Company/Client
STEP 4
Workshop
Innovation Strategy #2
• FFG
STEP 5
Implementation
• Company/Client
STEP 6
Update
• Company/Client
3202.12.2015/49907dwww.improve-innovation.eu; IMP³rove is a registered trademark
STEP 1
Workshop
Innovation Strategy #1
• EEN
1. CURRENT Situation
2. Theory & Why is it important
3. Innovation Strategy Canvas
4. Innovation Strategy editing
Tools used: Innovation Strategy Canvas
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STEP 2
Intermediate Report
•EEN
1. Decisions made
2. To-do List
3. KPI List
Tools used:
• KPI List,
• Search-field matrix,
• SWOT & PEST Analyses
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STEP 3
Homework/To-Do‘s
•Company/Client
1. Concrete To-Dos
2. Internal discussion/ preparation/
workshops necessary (on behalf of the
company)
3. High commitment
4. Presentation preparation
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STEP 4
Workshop #2
•EEN
1. Introduction and current situation
2. Presentation of the company regarding all
„Innovation Strategy“ fields
3. Discussion
4. Link to further EEN Support
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STEP 4
Workshop #2
•EEN
Innovation management
•Idea management
•External Networking & Open
Innovation
Brokerage Events
•Software Days 2017
•MWC
•CeBIT
Technology Transfer
•Technology Offer or Request
•R&D Projects
•EEN.at Marketplace
Financial Support
•AT
•European (H2020, Eureka/Eurostars)
How can we help you further?
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STEP 5
Implementation
•Company/Client
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STEP 6
Update
•Company/Client
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Austrian Bit Experts
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“software tools for embedded multi-core systems”
• Consulting
• Development
• Support
• Floor contamination Robot
• Precision Farming Robot
• Software simulation tool for chip producers
Devise a strategy!
- Examine strengths
- Partnerships
- Opportunities
- Markets
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“software tools for embedded multi-core systems”
1. Role: Market- and cooperation-oriented
innovation strategy
2. Fields: Simulation software, Chip design,
Hardware programming.
3. Primary market: Chip producers
4. Secondary market: Telecom, IoT, Automotive,
5. Focus on Product innovation (incremental)
6. KPIs1. Time to market
2. Impact on growth
3. Organisation of innovation management
7. Timing: First to market
4302.12.2015/49907dwww.improve-innovation.eu; IMP³rove is a registered trademark
“software tools for embedded multi-core systems”
• Consulting
• Development
• Support
• Floor contamination Robot
• Precision Farming Robot
• Software simulation tool for chip producers
Results
• Funding (Eureka, National funding programme)
• Brokerage Events
• Collaboration with Infineon
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Günther Nadbath, CEO, ABIX GmbH (Austria)
By analyzing our innovation management, we became more aware of what our
true strengths are and how we can manage and improve on individual
vulnerabilities. We have implemented concrete measures to help us through
the Enterprise Europe Network (EEN), especially for our innovation strategy to
focus on the topics that are important for our future growth.
The Enterprise Europe Network took a lot of time to give us in-depth advice and
get to know our extensive portfolio of services. In this context, we have
participated in several collaborative exchanges of the EEN, providing an
excellent opportunity to expand our network and find international research
partners. As a result, we have submitted a first funding project and are currently
working on the preparation of new projects for an expanded clientele.
Link: https://een.at/referenzen/testimonials/100114-abix-gmbh
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Final Q&A and wrap-up
• Please place your questions for
clarifying all uncertainties
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Don’t hesitate to contact me when you are working with your clients – and need support!
Iraklis Agiovlasitis
FFG – Austrian Research Promotiong Agency
Sensengasse 1
1090 Vienna
Austria
Tel: +43 57755-4704
Iraklis.Agiovlasitis@ffg.at
IMP³rove Academy
IMP³rove – European Innovation Management
Academy EWIV
Dreischeibenhaus 1
D-40211 Düsseldorf
Tel: +49 (0)211 1377 2305
info@improve-innovation.com