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Turning a Big Idea into Reality (External Environment (Globalisation…
Turning a Big Idea
into Reality
Innovation
Type of innovation
Business approach
Innovation strategy
Process
Opportunities & challenges
Marketing
Market Research
Focus
Segmentation
Targeting
Positioning
Marketing Mix
Product
Place
Price
Promotion
People
Processes
Physical Evidence
Strategy Influence
Operations
Input - Process - Output Model
Transformation Processes
Challenges
Role
Key areas
Capacity and facilities
Supply chain development
Technology
Workforce and organisation
Strategy & Performance Objectives
Market influence model
Objectives
Quality
Speed
Flexibility
Sustainability
Dependability
Cost
Financing
Provides capital & liquidity
Traditional
Retained earnings
Working capital management
Debt factoring
Ban overdraft & facilities
Lease financing
Equity finance
Venture capital & private equity
New channels
Microfinance
Crowdfunding
Peer-to-peer lending
Strategy influence
External Environment
Micro
Macro
STEEPLE
Competitive Position
Differential Advantage
Economic
Business cycle
Recession
Trough
Recovery
Peak
Labour & immagration policy
Globalisation
Outsourcing: onshore vs offshore
International trade & restrictions
Trade tariffs & IP
Strategy influence
Organisation
Process
Purpose
Mission
Vision
Values
Strategy Influence
Success
Product/ Service Design
Process
Understand the factors
Process choice
Layout choice
Detailed design
Tangible / Experience
Thinking
Quality Function Deployment (QFD)