built to thrive: using toyota to illustrate innovation portfolio management
Post on 17-Oct-2014
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The Social Based Innovation approach assists companies in delivering on their innovation campaigns. This presentation shows the Innovation Portfolio at a conceptual level and is part of the Built to Thrive project. Check www.builttothrive.com and www.systemiclogic.comTRANSCRIPT
Radical Ideas | Practical Implementation
Built to Thrive:using Toyota to illustrate
innovation portfolio management
Dr. Jay van Zyl
www.BuiltToThrive.com
www.SystemicLogic.com
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
How Innovative is Toyota?How Innovative is Toyota?
What can you learn from them?What can you learn from them?
Radical Ideas | Practical Implementation
OFFERINGS
ORGANIZATION CAPABILITIES
Enhance Renew
Enhance
Renew
INCREMENTAL INNOVATION
DISRUPTIVE INNOVATION:DISRUPT OFFERING
RADICAL INNOVATION
DISRUPTIVE INNOVATION:DISRUPT CAPABILITY
TOYOTA TSUSHO
Innovation Portfolio Assessment:Innovation Portfolio Assessment:Managing the balance between execution and innovation
TOYOTA NEW BUSINESS
ENTERPRISES
TOYOTA PRODUCTION
SYSTEM
This is a qualitative depiction, and should be used for illustrative purposes only.
TOYOTA WORLD-WIDE
OPERATIONS
TOYOTA LOCALIZATION
STRATEGY
TOYOTA WORLD-WIDE
OPERATIONS
TOYOTA METAPOLIS
Radical Ideas | Practical Implementation
OFFERINGS
ORGANIZATION CAPABILITIES
Enhance Renew
Enhance
Renew
INCREMENTAL INNOVATION
DISRUPTIVE INNOVATION:DISRUPT OFFERING
RADICAL INNOVATION
DISRUPTIVE INNOVATION:DISRUPT CAPABILITY
TOYOTA TSUSHO
Innovation Portfolio Assessment:Innovation Portfolio Assessment:Driving today's priorities for future success
Plan for the future for today's success
TOYOTA SCION TOYOTA NEW
BUSINESS ENTERPRISES
TOYOTA GLOBAL PRODUCTION
NETWORK & MUTUAL SUPPLY
TOYOTA CAROLLA
TOYOTA HYBRID CARS
TOYOTA ROBOTICS AND
MOBILITY
TOYOTA PRODUCTION
SYSTEM
TOYOTA FINANCIAL SERVICES
This is a qualitative depiction, and should be used for illustrative purposes only.
TOYOTA WORLD-WIDE
OPERATIONS
TOYOTA LEXUS
Radical Ideas | Practical Implementation
DOMINANT IDEACUSTOMER IMMERSION
NETWORK PARADIGM
CO-PRODUCTION
VENTURING FOR SUCCESS
INNOVATORS DILEMMA
Radical Ideas | Practical Implementation
The Dominant IdeaThe Dominant Idea
Radical Ideas | Practical Implementation
The Dominant Idea: Innovate The Dominant Idea: Innovate offerings and not just products offerings and not just products
and servicesand servicesCentered on the theme "Innovation into the Future," the Toyota Global Vision 2010 proposes the corporate image for which all of Toyota should strive and the paradigm change Toyota should undergo.
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Customer Immersion:Customer Immersion:A Globalized View on Customer A Globalized View on Customer
UnderstandingUnderstanding
Radical Ideas | Practical Implementation
Key Corporate Strategy Feedback:Key Corporate Strategy Feedback:Collecting wisdom to drive competitive edgeCollecting wisdom to drive competitive edge
Radical Ideas | Practical Implementation
Key Corporate Strategy Feedback:Key Corporate Strategy Feedback:Beyond the value chain, towards value networksBeyond the value chain, towards value networks
Radical Ideas | Practical Implementation
Key Corporate Strategy Feedback:Key Corporate Strategy Feedback:Market-making through localizationMarket-making through localization
Radical Ideas | Practical Implementation
Manufacturing: World-Wide Operations:Manufacturing: World-Wide Operations:Capturing the essence of local capabilitiesCapturing the essence of local capabilities
Radical Ideas | Practical Implementation
Design, Research & Development:Design, Research & Development:Integrated perspective on delivering valueIntegrated perspective on delivering value
Radical Ideas | Practical Implementation
Rethinking LocalizationRethinking Localization
Getting closer to customers
Radical Ideas | Practical Implementation
Rethinking LocalizationRethinking LocalizationGetting closer to customers
Radical Ideas | Practical Implementation
Building a Brand in Banking:Building a Brand in Banking:Customers for LifeCustomers for Life
Radical Ideas | Practical Implementation
Social Connections: Considering Future Car-based Social Connections: Considering Future Car-based Lifestyles with CustomersLifestyles with Customers
Test driving, purchasing with virtual currency, and driving virtual cars based on production models.
Test driving, purchasing with virtual currency, and driving future cars and other vehicles that it would be difficult to experience in the real world.
Plant and worksite tours at the virtual Toyota Motor Corporation.
Learning about motor vehicles and Toyota's history in a virtual museum.
Learning about technologies and products through a variety of games.
Interacting with other users and with TMC through various events and services.
Radical Ideas | Practical Implementation
Towards an Towards an Integrated Network ParadigmIntegrated Network Paradigm
Radical Ideas | Practical Implementation
Toyota’s Next-Generation Telematics Service Toyota’s Next-Generation Telematics Service
Radical Ideas | Practical Implementation
Networked SocietyNetworked Society
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Technology R&DTechnology R&DAchieving further advances in ITS will require the merging of a Achieving further advances in ITS will require the merging of a wide range of technologies that go beyond the conventional wide range of technologies that go beyond the conventional approach to building cars, such as detection technologies, approach to building cars, such as detection technologies, telecommunication technologies, and information-processing telecommunication technologies, and information-processing technologies.technologies.Toyota is leading the way to the commercialization and widespread Toyota is leading the way to the commercialization and widespread implementation of ITS by actively participating in research and implementation of ITS by actively participating in research and development and verification test projects in cooperation with development and verification test projects in cooperation with governmental agencies, the private sector, and academic institutions. governmental agencies, the private sector, and academic institutions. Individual companies within the Toyota Group are also participating Individual companies within the Toyota Group are also participating in efforts in their respective areas of expertise, and are working in efforts in their respective areas of expertise, and are working together to further advance the various control technologies and together to further advance the various control technologies and telecommunication technologies that have been researched and telecommunication technologies that have been researched and developed in the course of designing and building cars.developed in the course of designing and building cars.
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
The Scion Story:The Scion Story:
Using Co-Production to move Using Co-Production to move Towards CrowdsourcingTowards Crowdsourcing
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Towards the FutureTowards the Future
Radical Ideas | Practical Implementation
Some Key InnovationsSome Key Innovations
Radical Ideas | Practical Implementation
Rethinking Mobility:Rethinking Mobility:Experimenting to Achieve Future SuccessExperimenting to Achieve Future Success
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Venturing for SuccessVenturing for Success
Radical Ideas | Practical Implementation
The Origin and Development of New The Origin and Development of New Business Enterprises Business Enterprises
Radical Ideas | Practical Implementation
Venturing for SuccessVenturing for Success
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Aero Asahi Corporation: creating your tomorrow through Aero Asahi Corporation: creating your tomorrow through the fusion of aviation and spatial informationthe fusion of aviation and spatial information
Radical Ideas | Practical Implementation
Good Life Design Co. LtdGood Life Design Co. Ltd
Radical Ideas | Practical Implementation
Toyota activity in BiotechnologyToyota activity in Biotechnology
Radical Ideas | Practical Implementation
The Innovators DilemmaThe Innovators Dilemma
Radical Ideas | Practical Implementation
Externalize ResearchExternalize Research
Radical Ideas | Practical Implementation
““The New Corporation's Philosophical System The New Corporation's Philosophical System comprising four levels and opens up the new times”comprising four levels and opens up the new times”
Basic philosophy - "Corporate Philosophy"Basic philosophy - "Corporate Philosophy" Living and prospering together with people, society, and the Living and prospering together with people, society, and the
globe, we aim to be a value-generating corporation that globe, we aim to be a value-generating corporation that contributes to creation of a prosperous society.contributes to creation of a prosperous society.
"Behavioral Guidelines” - As a good corporate citizen, we will:"Behavioral Guidelines” - As a good corporate citizen, we will: implement open and fair corporate activitiesimplement open and fair corporate activities fulfill our social responsibilities, and conserve the global fulfill our social responsibilities, and conserve the global
environment.environment. offer creativity, and provide added valueoffer creativity, and provide added value respect people, and create an active workplace worth working respect people, and create an active workplace worth working
in.in.
Radical Ideas | Practical Implementation
Creating new companies for a new futureCreating new companies for a new future
Vision - "VISION2015 -LEAD THE NEXT-"Vision - "VISION2015 -LEAD THE NEXT-" Strategic IntentionsStrategic Intentions Becoming a "value generating corporation," the new Toyota Becoming a "value generating corporation," the new Toyota
Tsusho aims to make a further leap by creating next-generation Tsusho aims to make a further leap by creating next-generation businesses in 6 business domains = 6 business divisions.businesses in 6 business domains = 6 business divisions.
“LEAD THE NEXT”
Radical Ideas | Practical Implementation
Radical Ideas | Practical Implementation
Expansive ThinkingExpansive Thinking
Radical Ideas | Practical Implementation
DOMINANT IDEACUSTOMER IMMERSION
NETWORK PARADIGM
CO-PRODUCTION
VENTURING FOR SUCCESS
INNOVATORS DILEMMA