innovation, the new business renaissance
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Innovation, The New Business Renaissance. Reinventing Business In The 21 st Century. The Innovation Imperative “Innovate, Or Risk Becoming Irrelevant” . - PowerPoint PPT PresentationTRANSCRIPT
“In the 20th Century , businesses used innovation to stay ahead of the competition. Today, businesses rely on innovation as a Survival Strategy! ” [DaVinci Consulting]
The evidence; companies that failed to innovate in time…
The Innovation Imperative
“Innovate, Or Risk Becoming Irrelevant”
“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change. “ [Charles Darwin]
The Innovation StormThe convergence of many forces has resulted in a storm of unprecedented transformational change to how businesses develop and distribute products and services to the marketplace and their customers. Like an approaching hurricane, it’s intensity and power are gaining in strength and speed as these forces converge and become more entwined.
The New Business Normal
Marketing Predictive and Data Driven [Analytics and Social Media Trending]
Products On-line Comparatives [Aggregators] Crowd Sourced Reviews
Pricing “Pay As You Go” Model [Telematics] Industry Based Search [Travelocity]
Services Real Time Guidance [GPS] Immediate Response [On Star]
Loyalty Rewards Programs Expanded Services [Emirates Limo Service]
Traditional business models are being replaced more and more with new operating models underpinned by new technologies, social media, data analytics and cloud computing resulting in a new business normal. Impacting virtually all facets of business, it is propelling incremental and disruptive innovation across the marketplace.
Communications Technology
Social Community
Information
Information, The New Currency
Immediate Access
Anytime - AnywhereOn-line Services & ProductsTransactionally EmpoweredFully Connected At All Times
Socially Driven
Cloud Computing
Mobile Technology
SmartPhones
Texting
Web Services
Data AnalyticsVideo Conferencing
Skype
Crowd Sourcing
Aggregators
WikiPedia
RSS Feeds
YouTube
The New “Information Empowered” Consumer
GPS
Marketplace rules are rapidly changing. While price and product will always drive consumer buying decisions, convenient online access to products, services and information is becoming more and more relevant each day.
The Social Revolution
Broader Access Virtually
Crowd Sourcing
Shared Experiences
Consumer Reviews
On-line Shopping
Direct To Consumer
Consumers are now more connected than ever before and rapidly opting for the direct empowerment that Social and Technology provides and abandoning the more traditional marketing and intermediary business models.
Join the New Business Renaissance now and start
Reinventing Your Business today!
Here’s how DaVinci Consulting can help you get started:
Collaborative Management Consulting - Virtual Collaboration - Cross Functional Teams - 360 Degree Perspective
Multidimensional Innovation Solutions - Battlespace Assessment - Collaborative Ideation - Design Thinking - Innovation Challenges
Business Strategy Development - Vision Based / Goals Based Planning - Market Structure & Competitive Analysis - Blue Ocean Strategy
Scenario Planning - Flexibility Assessment - "What If" Scenario Exploration - Dealing With Scenarios "Head On"
Workshop Facilitation - Brainstorming Sessions - Round Table Ideation - Innovation Approaches / Practice Sessions
Please see DaVinci Consulting’s web site for more information at: DaVinciConsulting.vpweb.com
or send an eMail to: [email protected]