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I3V A T I O N “MANTRA”

What are I3vation Objectives?

“The importance of I3VATION”

– A means of generating I3vation to achieve two objectives that are implicit in any good strategy:

  • make best use of and/or improve what we have today
  • determine what we will need tomorrow and how we can best achieve it, to avoid the Dinasaur Syndrome

– I3vative thought has, as a prime goal, the object of improving competitiveness through a perceived positive differentiation from others in:

Value Add

I3vative thought has, as a prime goal, the object of improving competitiveness through a perceived positive differentiation from others in Value.

Quality Add

I3vative thought has, as a prime goal, the object of improving competitiveness through a perceived positive differentiation from others in Quality.

Knowledge Add

I3vative thought has, as a prime goal, the object of improving competitiveness through a perceived positive differentiation from others in Knowledge.

Price Add

I3vative thought has, as a prime goal, the object of improving competitiveness through a perceived positive differentiation from others in Price.

Performance Add

I3vative thought has, as a prime goal, the object of improving competitiveness through a perceived positive differentiation from others in Performance.

X Add

I3vative thought has, as a prime goal, the object of improving competitiveness through a perceived positive differentiation from others in X.

Why I3vation Is Important?

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I3vation Grid

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I3vation Classification

How to classify newness and degree of I3vation and what to focus on:

New to the firm?

New to the market?

New to the world?

Incremental or radical I3vation?

Our I3vative Idea Development

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The I3vation Process

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Our I3vation Process

  • I3vation starts as an idea/concept that is refined and developed before application.
  • I3vations may be inspired by reality (known problem). The I3vation (I3vative idea development) process, leads to useful economic and social impact and requires:

-Research
-Development (up-scaling, testing)
-Production
-Supply
-Marketing
-Usage

  • Experience with our product/process results in feedback and leads to incrementally/radically improved I3vations.

Our I3vative Idea Development Stages

  • I3Vation
  • Screening
  • Concept Development and Testing
  • Business Analysis
  • Beta Testing and Market Testing
  • Technical Implementation
  • Commercialization

The I3vation Skeleton

Translation of a I3vative Idea into Useful Application

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Why I3vation Is Important?

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