product + marketing innovation training (brochure)
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A 2 Day hands on product and marketing innovation workshop in Kuala Lumpur, Malaysia - 21-22 May 2012 in KL, Malaysia. Trainer - Angela Koch, Invitro InnovationTRANSCRIPT
Researched & Developed By:
I I V O LUM E 1 , M AR K E T I NG 20 1 0 I
In Association With:
Identify and evaluate how innovation can drive the growth of your organisation Be Empowered with processes, tools and examples to put innovation into practice Learn how to make innovation sustainable and continous Discover techniques, strategies and decision making methods and skills Acquire the skills to transform concepts and ideas into real marketable products Uncover elements of a successful product innovation system Explore tools and techniques to successfully drive innovation Increase your revenue with new innovative products and ideas as well as marketing strategies Rapidly increase your competitive edge Capture and identify ideas with the highest potential Efficiently develop and implement a marketing strategy to increase sales and market share growth Position and differentiate your products and services from your competitors Increase your organisation's sales, profit margins, shares and market valuation
Source: The Global CEO Study by IBM
Return-on-Marketing investment can sometimes seem like an oasis: just around the bend but forever evasive. At no time has this perception struck a stronger chord than today.
In the era of economic uncertainty, marketing professionals are confronted with a whole host of new challenges while driving market share
growth and profitability.
“THREE in FIVE New-Product efforts are scuttled before they ever reach the market. Of the ones that do see the light of the day, 4O%
never become profitable and simply disappear.” - Market Research Association
WHY?
Organisations often spend great resources and time developing new products and services only to find that consumer adoption is far less or far slower
than expected. Final product fails to deliver on its promises. More often, however, the problem is marketing-led; the failure to keep
pace with their customers’ evolving needs and preferences; create value through distinct; innovative new offerings;
and engage customers in consistent, profitable interactions.
High velocity change in markets, new business models, the emergence of new means of marketing and branding, shorter product life cycles, changing
customer needs and competitive pressures have pushed the need for marketing to create tighter synergy with R&D, Product Development and Branding
- much higher than expected on the CMO’s priority lists.
- Marketing Innovation is the omnipresent driver for this synergy - Marketing innovation is the process of developing, creating and maintaining new
ideas and methods for building sales teams, lead generation, getting the word out about your products and services and creating buzz
to ultimately meet customer needs.
“The business enterprise has two – and only two – basic functions: Marketing and Innovation. Marketing and innovation produce results:
All the rest are ‘costs’.” - Peter Drucker
Marketing Professionals MUST realise that they will have to substantially improve key business areas if they want
to capture future growth opportunities and attain the level of profitability.
SPEED‐TO‐MARKET AND MAGNITUDE IS THE DRIVING FORCE FOR GAINING COMPETITIVE EDGE IN A VOLATILE BUSINESS LANDSCAPE!
New ideas lie at the heart of innovation, but ideas alone are not enough. Innovation requires translating ideas into value-adding
products and services. Bridging the gap between an idea and its beneficial result is the crucial step that every marketing department should take.
While some companies achieve this particularly well, others - even those with enormous reservoirs of capital - still struggle.
Weave through your competition thru’ significant increases in incremental revenue to improved internal productivity; speed
to market, diminished product “bombs”, escalating market shares and enhanced customer loyalty.
Be the ONE threatening your competitors! TRANSFORM your ideas and make it profitable!
“We will fight our
battles not on the low road
to commoditisation, but on the
high road of innovation.”
‐ Howard Stringer, Chairman and CEO,
Sony
“Big will not beat small anymore.
It will be the fast beating the slow.”
‐ Rupert Murdoch, Chairman and CEO,
News Corporation
“Constant reinvention is the central necessity
at GE…We’re all just moments away from
commodity hell.”
‐ Jeffrey Immelt, Chairman and CEO, GE
“Partnering is the only way to extract
maximum value and avoid
reinventing the wheel.”
‐ Unnamed CEO
“The nature of innovation ‐ the inherent
definition of innovation ‐ has changed
today from what it was in the past.
It’s no longer individuals toiling
in a laboratory, coming up with
some great invention. It’s not
an individual. It’s individuals.
It’s multidisciplinary. It’s
global. It’s collaborative.”
‐ Sam Palmisano,
Chairman, President
and CEO, IBM
This Cutting-Edge Workshop Will Enable You To...
MODULE 1 PRODUCT AND MARKETING INNOVATION AS A BUSINESS DRIVER
• Why Innovation is required to drive growth • What is Innovation Strategy? • Ideas at the heart of Innovation - Examples MODULE 2 THE 5 STAGE INNOVATION MODEL
• The Model in Brief: • 1. Foundation Work • 2. Consumer Knowledge • 3. Idea Generation • 4. Idea Screening • 5. Implementation (see Figure A)
• 10 Lessons in Product & Marketing Innovation • Lesson 1 - Innovation Requires an “In Vitro” Environment • Lesson 2 - Make Innovation Continuous and Routine • Lesson 3 - Innovation is No Surrogate for Brand Clarity • Lesson 4 - Innovation is a Team Sport • Lesson 5 - Engineer the Process • Lesson 6 - Make Inspiration a Discipline • Lesson 7 - Get Centred on Your Customer • Lesson 8 - Question All Assumptions • Lesson 9 - Engage Both Left and Right Brain • Lesson 10 - Innovation is Serious Play
MODULE 3 BRAND AS ANCHOR IN INNOVATION
• Portfolio Management and Innovation • How a Brand can lead Innovation versus Technology • Case Studies: Alive by F&N Foods, P&G Haircare
MODULE 4 STAGE 1 - FOUNDATION WORK
• A detailed look at each of the 5 Steps in the Innovation Process • Framing the business issues (surveying the landscape) • Gathering Inspiration • Framing the Innovation Challenges • Set the idea parameters (in terms of: resources,
timing, marketing or product innovation)
Exercise: Discover the Business Issue and Innovation Challenges for the following categories: Laundry Detergent, Mass Market Furniture Retailer, Vitamin Supplement Range, or a Fitness Centre. MODULE 5 STAGE 2 - CONSUMER KNOWLEDGE'S THE ENGINE OF INNOVATION
• Designing a consumer knowledge programme for Innovation
• Organising existing consumer knowledge for Innovation
• New sources of Inspiration • Experience Mapping for Innovation • Service and Retail Innovation (see Figure B)
Illustrative Case: Nippon Paint Buying Experience
Exercise 1: Design an Inspirational Consumer Knowledge Programme or Exercise 2: Map the Buying Experience for Your Category MODULE 6 STAGE 3 - IDEA GENERATION
• The importance of Creativity within Innovation • Examples of Creativity as a business tool and Innovation driver • 5 Practical Tools for Generating Ideas
• Borrowing Brilliantly • Trends and Inspiration • Related Worlds • Overturn Assumptions • Random Stimulus
• Capturing Ideas • The “post-it” Idea Headline • The 3 part Idea Logic • Full Concept Board
“Innovation has been embraced by many leading
organisation as the means for greater
profitability and business growth.
Innovation is not magic and it is not
even difficult, it just requires
a little focus to understand
what innovation actually
means and how it can be
undertaken.”
‐ Roger La Salle,
La Salle Matrix Thinking
(Figure A)
• Framing the business issue • Gather inspiration • Frame the Innovation Challenge • Set Idea success parameters
• Organising existing research
• New sources of Inspiration
• Experience Mapping
• Ideation Events • Idea Management system
• Evaluation Criteria • Building on Ideas • External Idea Screener • Measuring Purchase Intent
• Project Teams
MODULE 7 STAGE 3 - LIVE IDEATION SESSION
• Participants are divided into product category groups of 3 to 4 people per group. Each group will select an Innovation Challenge from DAY 1 to focus on. Practice using all 5 of the idea generation tools to create “idea headlines”. Share with the group.
• Tips for running your own Ideation Session MODULE 8 STAGE 4 - IDEA SCREENING & TESTING
• What does a good idea look like? • Developing evaluation criteria for first level screening • Developing ideas for further testing • Some Testing Methods: External Idea Screener and Quantitative • Purchase Intent - Case: Tide China
MODULE 9 STAGE 5 - IMPLEMENTING IDEAS
• Better Product Ideas lead to better Marketing Programs
Exercise: Decode the Product Ideas Behind these Marketing Communication MODULE 10 OPEN INNOVATION AND IDEA MANAGEMENT
• Closed vs Open Innovation • Types of Open Innovation • Idea Management systems Open Innovation Best Practice: IBM, P&G Vocalpoint, Government of Ireland MODULE 11 STARTING AN INNOVATION PROGRAMME FROM TODAY
• The power to set a Marketing Innovation agenda • Culture of Innovation (creating an openness to change and new ideas) • Habits of Innovation (systematic approach to product innovation)
• 5 Things a Brand or Marketing Manager can do now! • Increase your pool of ideas by creating an Innovation Event • Sell in the idea of an Innovation Event to management • Brand the event, create excitement around the event • Create idea project teams to take rough ideas to execution • Implement a simple web-based Idea Management system
Participation in an Invitro Innovation workshop obviously offers the expected theoretical understanding of the subject matter. In addition, theory is effectively translated into practice through a mix of exercises, case study presentation and sharing of best practices. Angela will share lessons from best in class multi-national innovators such as P&G and the best of Asian Innovation. Participants are engaged in a dynamic and interactive workshop environment where their own issues and experiences form an important part of the discussion and learning. Through a combination of classic analytical innovation methods with the new ‘Design Thinking’ methodologies, this workshop will offer delegates insights and understanding of proven approach to Innovation.
Processes and tools shared in this workshop are applicable to all business types: consumer goods innovation, services innovation, business customer innovation and even social enterprise innovation. Each participant will receive an Invitro 30+ page Product Innovation Workbook and a sample set of Trigger Cards. This workbook will serve as a guide for running innovation projects in the future.
“Innovation distinguishes a leader from a follower. Concentrate on really important
creations and radical innovation. Hire people who want to make the best
things in the world.
You need a very product‐oriented culture, even in a technology company. Lots of
companies have tons of great engineers and smart people. But ultimately, there needs
to be some gravitational force that pulls it all
together.”
‐ Steve Jobs, Legendary and Innovative Leader of Apple Computers
(Figure B)
Dear Delegate (s), How do you drive growth in your company? One word: INNOVATION. Innovation will separate the winners from losers in the modern ideas economy. As
marketing leaders and middle managers, you play a key role in driving growth
through ideas in your company. I have designed this 2 day workshop as an accelerated introduction to new product
and marketing innovation. I will share a proven process for innovation with
plenty of cases from best in class innovators. At the end of this 2 days you will
take away a whole toolbox for kick-starting innovation in your business. Come prepared for an intensive and creative learning experience! Your Facilitator, Angela
PARTIAL CLIENT LIST
♦ South African Airways ♦ Asia Pacific Breweries ♦ Novartis South Africa ♦ Celcom Malaysia ♦ ZUJI Asia Pacific ♦ National Brands ♦ F&N Coca-Cola ♦ Standard Bank
♦ Kao Singapore ♦ Wrigley China ♦ M&C Saatchi ♦ Nippon Paint ♦ F&N Foods ♦ P&G China
♦ Dragonair ♦ Spoornet ♦ SK II ♦ M1
“The workshop was a wonderful eye-opener to new paths for our brand.” - Melissa Siew, GM ZUJI Singapore
Angela Koch is
a trained marketing
and brand spe
cialist who has
spent the past 9
years working w
ith Asian brand
s
seeking to rein
vent themselves f
or a larger Asia
n or global aud
ience. She is cu
rrently the Des
ign Thinker & In
novation
Facilitator and
the Director of
Innovation Stra
tegy at Invitro
Innovation, a B
rand & Innovat
ions Consultanc
y which
provides an int
ervention for co
mpanies who find
it difficult to de
liver innovative
solutions to bus
iness problems. Angel
a
has helped bra
nds energise th
eir new produc
t portfolios by
facilitating new
product devel
opment; her categ
ory
experience inc
ludes consumer good
s, retailing, and
telecommunicatio
ns. Other area
s of her exper
tise include Br
and
Positioning Rein
vention, namely defin
ing Brand Archit
ecture’s for grea
ter consumer enga
gement and brand s
uccess.
Angela has per
sonally lead bra
nd and innovat
ion for the foll
owing brands a
cross Asia: ZUJ
I Asia Pacific, T
ide China,
Whisper China, Re
joice China, SKI
I, Dragonair, Tig
er Beer Singapo
re, Archipelago
Beer, Alive by F
&N Foods and
Celcom
Malaysia. She pla
ys a key role t
o ideate and in
novate brand,
product and co
mmunication oppo
rtunities for the
50+
consumers in As
ia. A major element of h
er success is her
intimate understand
ing of Asian con
sumers.
“Angela has the
skills and tools t
o squeeze innov
ative ideas out
of almost any team.”
‐ Kim Walker, CEO ‐ Silve
r Asia
Prior to Invitro
, Angela have w
orked as Marketing
Innovation Co
nsultant on FM
CG brands in So
uth Africa, Stra
tegy
Director across
TBWA and Leo Burn
ett working with
clients such as
South African A
irways, Standar
d Bank, P&G, W
rigley,
Courts Retailers
and Samsung an
d as Lead Innov
ation Strategist
for The Distiller
y (an M&C Saat
chi Business Co
nsultancy)
with clients inclu
ding Celcom Malaysia,
Asia Pacific Brew
eries, The Hour G
lass, Coca‐Cola
Singapore and I
nter‐Continenta
l
Hotel Group.
Angela has aut
hored key Asia
‐Pacific consum
er studies inclu
ding the Miss Und
erstood Asia S
tudy (2005) an
d has
experience acro
ss key Asia markets in
cluding – South
East Asia, Grea
ter China and A
ustralia.
“Angela is a natural, she has unique ability to break down complex concepts and make them look so simple.” - Jasmine Xu, Marketing Director P & G China
“Wow, we went from zero to hero’s of innovation, great session!” - Lara Hussein, CEO M&C Saatchi Malaysia