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Agile Innovation Management

How to manage innovation more efficiently and profitably

www.interconnectionconsulting.com

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Agile Innovation Management = Innovation Together with the Customer Objectives

Tight resources

Technology first, customer second

Scant knowledge of current trends, opportunities, and risks

Problems coordinating innovation

Failure to capitalize on plans and ideas

Starting Point

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Get the customer involved

Understand and assess customer value

Create internal culture of innovation

Learn to learn

Market knowledge

Flexibility

Need for Optimization

Implement successful agile concepts in

all project phases

Relevant market information

Create points of contact with the

customer

Recognize one‘s own strengths

Ongoing monitoring of success

Success with Agile Innovation Management

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Agile Innovation Management Multiplies Rate of Innovation

Quelle: The Standish Group, Chaos Report 2015

Success rate of traditional innovation management

11% Innovation projects

3% Large innovation projects

Success rate of agile innovation management

39% Innovation projects

18% Large innovation projects

Advantages

P.3

3%

18%

11%

39% Innovation Projects Large Innovation Projects

Traditional

Agile

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Agile Innovation Management Encompasses an Array of Measures

Integration of stakeholders across various levels We show you which stakeholders you need to involve at what point in the innovation process

Ongoing testing We create tailored test scenarios with you that you can apply during the entire span of your project

Flexible learning We develop logical feedback loops so you won‘t forget what you have learned

Knowledge management within the company We help you to design a knowledge management framework for your company – so that everyone working on a project has access to the same level of information

Team building We help you to put together a solid innovation team

Provisioning We generate business volume with you even during the innovation project

Analysis and implementation from a single source Our consultants develop procedures with you and help you to implement them

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Advantages

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Customers decide if your innovation is good or not - getting them on board is the success factor

Advantages

P.5

Brainstorming & Research Development & Implementation

Market

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5 Steps for Increasing Efficiency in Innovation Management 5 Steps of Innovation Management 5 Steps

4. Implementation

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1. Innovation Audit

Culture of innovation

Strategy & mission

Innovation pipeline

Implementing results

Feedback loop

Integrating customers

5. Controlling

Cost, benefit, and risk

analysis

Profitability

Increase profitability

• With shorter development times

• With products that satisfy customer value

3. Action Plan

Project planning

Organizational structure

Communication

2. Agile Market Research

Customer feedback

Radar trends

Benefit analysis & market simulations

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How large is your innovation potential?

We analyze your culture and history of innovation in terms of your strategy and mission

We analyze your current innovation pipeline

We show you your current innovation potential

Interviews with 5 - 7 key persons in your company

Analysis of strengths and weaknesses

Classification of your current innovations

Survey: One-time

You understand the current state

of your company

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5 Steps Step 1 – Audit

Approach Method

Transparency of your innovation potential Audit Goal

Result

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Innovation Potential Can Be Measured

We analyze your target markets with regards to trends, potentials, and risks

We analyze your relevant markets – overall market development, market of the competition, & user market

We identify hidden needs and customer value

Approach

Professional interviews

Market and price simulations with conjoint analysis

Focus groups and in-depth interviews

A mix of the above according to marketability

Method

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5 Steps Step 2 – Market Intelligence

Knowledge of relevant markets of the future Market Intelligence

Goal

Result

You understand what the market and the customer

is ready for

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Positive Development Due to Upswing in Constrution Industry

Germany: Market Development 2015-2020f; Quantity in Units x 1.000, Value in Mio EUR Market Analysis

87,6104,9

121,5141,9

162,3 172,6

1.731,8

2.059,8

2.375,0

2.754,9

3.128,83.302,8

2015 2016 2017e 2018f 2019f 2020f

Millio

nen

12,4%

11,6%

CAGR17-20f

19,8%15,9% 16,8% 14,4%

6,3%

18,9%15,3% 16,0%

13,6%

5,6%

Value in Mio €

Annual Change in %

Units

QuantityValue

Market Development

Example charts

Overview of the entire market development

P.9

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Focusing on the Right Steps

Creation of organizational requirements for the selected innovation project in terms of:

Processes Teams & organization Communication Regulation & control

Approach

Interviews with key persons in your company

Workshops

Method

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5 Steps Step 3 – Action Plan

To create transparent innovation structures and procedures Action Plan Goal

Result

You understand the measures

your innovation management

needs to follow

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Step-by-Step Implementation

Together with you, we implement the identified measures in one or more innovation projects

Introduce feedback loops to learn from the results

Integrate your customers in a meaningful way

Approach

Feedback loops: interviews, workshops

User integration: Methods according to type of innovation and status of project: open innovation, interviews, survey, focus groups, workshops, support during field tests, etc.

Method

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Advantages Step 4 – Implementation

Implementation of the necessary measures Implementation Goal

Result

More innovation output

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Ongoing Controlling of Costs and Results

You gain control of the costs, benefits, and risks of your activities

Analysis of the projects (costs, personnel costs, duration, time to market, etc.)

Approach

Interviews / Workshops with key persons of the innovation process

Creation of a controlling system

Method

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5 Steps Step 5 – Controlling

Ongoing controlling of results and costs Controlling Goal

Result

Clear results and true costs

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What else you should know about us…

For over twenty years, Interconnection Consulting has been applying its consulting and research expertise in the area of innovation management

Our consultants all have long-standing experience in innovation management within the fields of international research and industry, and will gladly help you to create a holistic process for increasing your innovation output

Speed is one of our core values: We optimize time to market and focus on customer value and needs by employing the latest methods

Together with our business partners, we will also gladly advise you in the area of grant management

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Advantages

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Your Investment in Viability

Your investment costs:

Our services include consulting sessions and project-oriented market research costs, which vary according to the method and scope of survey.

1 day-long consulting session - Senior Consultant: EUR 1,790 /Junior Consultant: EUR 1,290

We will be pleased to make you an individual offer!

Pricing

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Selected References

“IC is a permanent partner of ours and provides helpful data for decisions.” Mr. Bernd Blümmers

Director General, Saint-Gobain Solar Systems, Central Europe, Aachen, Germany

References

© Interconnection

Submit a request

We‘re always glad to answer

any questions you may have!

Interconnection Consulting

Getreidemarkt 1, A-1060 Wien

Doris Bankosegger – Market Analyst

Tel: +43 1 5854623 -77

Fax: +43 1 5854623 -30

bankosegger@interconnectionconsulting.com

Interconnection Consulting

Vienna • Bratislava • Lviv • Buenos Aires • Oberstdorf

www.interconnectionconsulting.com

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