Innovation |
Innovation in technology and the development of people |
What is innovation? Read more ….
Practical innovation to solve a specific, urgent and compelling client requirement is what we are focused upon here.
What we bring:
We share and implement innovative ways of funding innovation. Where and how you find funds will determine your businesses and your own future.
You can avoid some of the pitfalls we experienced.
Our experiences in innovation should save you a lot of effort. We lower the risk of your innovation while increasing access to opportunities for your business.
How to contract us:
Innovators use all their money in their projects and cannot (Will not.) pay consultants!
Therefore, for payment from projects we like, we normally take a stake in the projects future for in return for the consulting and small percentage of the funds for fund raising. Read more here …Client money FFFF, Angel, Venture, etc. incvestors.
Some of our stories:
Our current investments, and the companies we sold, tell the story.
Inala and telecommunication technology shows the innovation applied locally developed products as well as with agencies and distribution. - Inala www.inala.co.za
Ipico shows the processes applied the Intellectual property. - iPico www.ipico.co.za
There were many lessons learned. These teams have networks and experiences which become accessible by your projects to save you time and money and lowers the inherent risks of innovation.
We are particularly capable to take innovation all the way from inception, industrialize, commercialize and take it to market locally and internationally.
Our associates understand the engineering disciplines to assist you and your processes. We normally transfer the knowledge and experience where the competencies exist to absorb it.
See the Slide set on innovation experiences.
See the reality Challenge discussion.
Applicable History:
We learned from Hewlett Packard in California directly through our long associations working for HP at first and then with them implementing the innovation outside in companies with history. (IST, BSW, Inala, Next S, etc.)
The people in these companies continued the innovation as “traditional” spin-offs and spinouts. (These companies are often called “startups”!
All successful companies like Di-data are like the iceberg.
The 3 rd above the water bakes in the sun and breaks up. Pieces float away. Some melt and some form Ice bergs again. The big growth should be under the water where the world only sees it once it is visible in the profit line. Thanks to Colin Haynes!
The “startups” or spinouts talk for themselves. Fulcrum, Solit, Globetom, etc. and their stories.
More on innovation with technology:
Innovation means creating solutions from existing and new technologies. We look at low to ridiculous risk innovation. In each case, you require resources and client access to go the distance.
Over optimism and lack of resources means someone else collect on your hard work once you are tired and almost there.
- Drive for pure business driven functionality. It saves money by the business challenge reducing existing functionality in existing products.
- Price advantages
- Performance high price
- Scarcity meeting an urgency
- Functionality reduced
- They offer more than required play or brag technology. Miss the business case.
- Ask money for functions reduced since ownership costs saved long time.
- Become good at challenging the business case? Know techniques like PESTLE, ZOPA, WATNA, BATNA site 1 avoid disputes and site 2 on dispute resolution
- New solutions at a low risk from existing technologies integrated differently.
- Similar to existing solutions applied in different industry.
- Innovation including new technology is typically at high risk and slow adoption cycles.
- Missionary technology waiting for a practical industry opportunity.
- Original research and innovation and www.iPico.com with a “bend in the road” or disruptive technology. The challenge is getting new research out of laboratories, industrialized, commercialized and marketed with distribution. Commercial processes on Aleph synergy and a very good process from Holland. Centre for Intellectual Property
The Next S slides and stories above will make you think.
Look at the books and processes we found useful:
The cycles of development and the chasms are real. Both books help much to identify the trends within clients and apply the books wisdom in consulting. Several consulting groups in RSA were trained in applying the processes. One could easily add the awareness of the wisdom to any consulting projects. RAMMPP from GE could easily accommodate the innovation processes.
We could add the wisdom by referring to the http://www.chasmgroup.com/ and innovation cycles from Christiansen http://www.hbscny.org/PastEvents/moreClaytonChristiansen9-4.htm
Innovation is hard to keep going in the same company since the first innovation and its implementation tends to rule the roost and almost always see new innovation as competition for bottom line or expenses.
The CHASM in the Next S slides makes the roll out of clear certain and obvious technology a nightmare in false promises and insufficient resources to make it to the tornado and fast growth safely. The pragmatists with the oodles of money want to see results and the first results are hard to come by.
Please add these two web sites to your repertoire.
"Please apply this summary and sites for really good and solid innovation and intellectual property management processes and include Aleph synergy. Refer to the local Innovation hub and Unistel for further assistance"
Some more good books on selling and keeping it sold.
The knowledge will help you focus your effort on getting and keeping the project sold.
All the models work. The key is awareness and focus. So choose the one you like best!
Read about it on the web. Discuss with selected team members or colleagues. Get critical feedback and act on it. The value is in the process more than the system.
Solution selling
The Strategic selling models will help a lot to realize where your gaps in client relationships are.
Power selling.
Spin selling. |
