Business Innovation Design White Paper

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    JOOAWDXJAO CEDHE\PBJV XB\AUKB LUPJOEPP HEPJKO 4

    Meggrey Xmeohrd

    JOOAWDXJAO CEDHE\PBJV XB\AUKB LUPJOEPP HEPJKO wbjte pdper

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    LUPJOEPP JOOAWDXJAO HEPJKO NAHEC

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    JOOAWDXJAO CEDHE\PBJV XB\AUKB LUPJOEPP HEPJKO 0

    [by lusjoesses oeeh jooavdtjao1

    [bdt dre tbe lusjoess `bdcceokes jo wbj`b jooavdtjao js tbe doswer1

    [by exjstjok hjs`jpcjoes dre jodhequdte1

    [bdt js Lusjoess Jooavdtjao Hesjko1

    [bdt js tbe tbjoijok lebjoh Lusjoess Jooavdtjao Hesjko1

    Baw Lusjoess Jooavdtjao Hesjko waris1

    [bdt js tbe jnpd`t ag Lusjoess Jooavdtjao Hesjko ta lusjoesses1 (@dse Ptuhy)

    Xbjs pdper dssesses tbe gaccawjok=

    4. Xbe oeeh gar lusjoesses ta `redte vdcues ly eodlcjok jooavdtjao oat aocy usjok aoe hjs`jpcjoe,

    lut tbraukb d `anljodtjao ag nuctjpce hjs`jpcjoes su`b ds hesjko tbjoijok, cedo stdrtup, doh

    jooavdtjao ndodkeneot.

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    JOOAWDXJAO CEDHE\PBJV XB\AUKB LUPJOEPP HEPJKO 8

    JO D BZVE\-@ANVEXJXJWE ND\IEX, LUPJOEPPEP @DO OA CAOKE\ @ANVEXE

    LZ UPJOK AOE HJP@JVCJOE DP D WDCUE @\EDXA\ GA\ K\A[XB. LUPJOEPPEP

    NUPX @ANLJOE NUCXJVCE HJP@JVCJOEP JO HEPJKO XBJOIJOK, JOOAWDXJAO

    NDODKENEOX, PX\DXEKJ@ L\DOHJOK, CEDO PXD\XUV, DOH PX\DXEKJ@

    GA\EPJKBX XA DHAVX D BACJPXJ@ DVV\AD@B JO JOOAWDXJAO.

    D lusjoess arkdojzdtjao exjsts ta pravjhe vdcue ta `ustaners jo

    ex`bdoke gar tbejr naoey. Wdcue `anes jo tbe garn ag prahu`ts,

    servj`es doh experjeo`es. Lusjoesses tbdt pravjhe sjnjcdr vdcueaggerjoks anpete dkdjost ed`b atber ta ndxjnjze tbejr strdtekj`

    eggarts jo d`qujrjok oew doh retdjojok exjstjok ustaners.

    Xbjs js tbe ldsjs tbdt heoes `anpetjtjve strdteky wbere ed`b

    `anpdoy strjves ta kdjo anpetjtjve dhvdotdke jo arher ta

    d`bjeve ndriet hanjodtjao.

    Xbjs usudccy resucts jo d hawowdrh spjrdc wbere vdcue aggerjoks

    le`ane annahjtjes ds anpdojes eokdkeh jo prj`e wdrs doh

    ldttces ag authajok ed`b atber. Jo tbe annahjty lusjoess, tbe

    wjooers dre tbase wba pravjhe bjkbest qudcjty ag prahu`ts dohservj`es dt tbe cawest prj`e passjlce, wbjce recjkjauscy uttjok

    expeoses doh jo`redsjok eg`jeo`y. Xbjs js lusjoess-ds-usudc.

    Xbere do aocy le aoe caw-`ast wjooer jo every johustry. Xbe

    rest ag tben nust survjve, kraw, doh wjo ly kdjojok anpetjtjve

    dhvdotdke tbraukb hjggereotjdtjao. Xa hjggereotjdte vdcue

    aggerjoks nedos anpdojes oeeh ta jooavdte.

    Jooavdtjao Expcdjoeh

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    JOOAWDXJAO CEDHE\PBJV XB\AUKB LUPJOEPP HEPJKO 5

    Lusjoess-ds-usudc jo arkdojzdtjaos preseot d serjes ag

    `bdcceokes gd`eh ao latb sbart doh caok terns wbere jooavdtjao

    js pdrdnauot. Xbere dre teo jheotjeh lusjoess `bdcceokes jo

    wbj`b jooavdtjao js tbe doswer.

    4. Baw ha we enpdtbjze wjtb aur `ustaners doh pragt

    gran jt1

    Xuro `ustaner josjkbts jota user-`eotereh jooavdtjao

    Lusjoesses bdve uoherstaah tbdt ta le pratdlce, tbey oeeh ta

    pravjhe vdcue aggerjoks tbdt neet tbe oeehs ag tbejr ustaners.

    Xberegare jheotjgyjok uodrtj`ucdteh ar uonet oeehs, doh cdteot

    hesjres ag tbejr tdrket `ustaners ly cedrojok dlaut tben doh

    uo`averjok lebdvjardc josjkbts. Xbese josjkbts dre useh ta

    jnprave ar hevecap oew vdcue aggerjoks ta sdtjsgy tbejr oeehs.

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    JOOAWDXJAO CEDHE\PBJV XB\AUKB LUPJOEPP HEPJKO 7

    `anpeccjok experjeo`e. Vranjses ndhe dre re-drtj`ucdteh ta

    eosure pranjses hecjvereh dre `annuoj`dteh.

    ;. Baw ha we exe`ute aur lusjoess strdteky1

    @redte jnpceneotdtjao pcdo tbraukb jooavdtjao strdteky

    Every `anpdoy bds d tap-hawo lusjoess strdteky tbdt oeehs ta

    le d`bjeveh aver d perjah ag tjne. Jooavdtjao tbdt pergarns wecc

    jo tbe ndriet js pdrtcy hue tbe resuct ag egge`tjve strdteky, doh

    vj`e versd jooavdtjao strdteky exe utes wbdt lusjoess strdteky

    djns ta d`bjeve.

    2. Baw ha we s`dce aur lusjoess gar krawtb1

    Vratatype ta jheotjgy sustdjodlce lusjoess nahecs drauoh vdcue

    aggerjoks

    Pndcc doh cdrke `anpdojes wjcc `aostdotcy gar`eh ta oh oew

    lusjoess nahecs hue ta `bdokjok cdohs`dpes. Xbjs js usudccy

    le`duse exjstjok lusjoess nahecs dre oat sujtdlce ar s`dcdlce gar

    krawtb praveo ly netrj`s. Xbjs nedos anpdojes oeeh ta pjvat

    doh requjres tbe rejoveotjao ag lusjoess nahec tbdt dre egge`tjve

    doh sustdjodlce. D sustdjodlce lusjoess nahec js s`dcdlce doh

    vjdlce gar lusjoesses, doh hesjrdlce ly `ustaners.

    :. Baw ha we njtjkdte rjsis1

    Hjversjgy doh ccjok kdps jo partgacja

    Every ndriet `dtekary bds appartuojty kdps tbdt `do le cceh,

    expdoh jota, ar redte oew dtekarjes ta laasts reveoue.

    [betber jt js tbraukb tbe jotrahu`tjao ag caw-`ast nahec ta

    hjggereot acars ar ndterjdcs, tbese requjre tbe jheotj`dtjao ag

    appartuojtjes gar jooavdtjao doh redte oew vdcue aggerjoks.

    46. Baw ha we jo`redse pragtdljcjty doh kraw sustdjodlcy1

    Expdoh exjstjok doh eoter oew ndriets tbraukb jooavdtjao

    Gar lusjoesses ta eoter dhmd`eot ar hjggereot ndriet, tbey oeeh

    ta pravjhe oew prahu`ts doh servj`es gar tbe spe`j` ndriet.

    Xbjs sjtudtjao dccs gar tbe oeeh ag hjs`avery ag ustaner

    josjkbts doh krawtb pateotjdc, tbeo do jooavdtjao strdteky doh

    tbe redtjao ag jooavdtjao.

    Xbese dre tbe teo `bdcceokes tbdt lusjoesses typj`dccy gd`e jo

    wbj`b jooavdtjao js tbe doswer. \ekdrhcess dt wbj b pajot ag

    eotry `bdcceokes dre lejok sacveh, tbjs wjcc resuct jo `bdokjok

    tbe stdtus qua ag baw lusjoesses `redte doh ar`bestrdte vdcues.

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    d) Wdcue @redtjao tbraukb Hesjko Xbjoijok

    Hjggereotjdtjao do le d`bjeveh tbraukb vdcue aggerjoks. Xa hjggereotjdte vdcue aggerjoks nedos anpdojes oeeh ta jooavdte. Ds

    P`att Dotbaoy, NH ag Jooasjkbt puts jt9 ta jooavdte js ta `redte sanetbjok hjggereot wjtb jnpd`t. Xbus, Hesjko Xbjoijok js tbe

    praveo dpprad`b ta redtjok jooavdtjao. D``arhjok ta d kcaldc survey ao lreditbraukb jooavdtjao doh krawtb ly Vw@,

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    l) Ld`i-eoh Jooavdtjao tbraukb Jooavdtjao Ndodkeneot

    Jooavdtjao gucccs wbdt hesjko tbjoijok js oat pajseh ta d`bjeve jotekrdtjok redtjve pra`ess jota lusjoess pra`ess. Xbe hjs`jpcjoe

    ag jooavdtjao ndodkeneot js hesjkoeh ds d kdteh dpprad b ta trdosjtjao jheds gran ao`eptjao doh exe`utjao wbjce jotekrdtjok

    jota lusjoess aperdtjaos. Ga`usjok ao ld`i-eoh jooavdtjao, jooavdtjao ndodkeneot js do egge`tjve hjs`jpcjoe tbdt bds praveo jts

    wartb.

    [bere tbe jooavdtjao ndodkeneot pra`ess cd`is

    jts egge`tjveoess js dt graot-eoh jooavdtjao wbere

    jt enucdtes wbdt hesjko tbjoijok prahu`es very

    wecc redtjve pra`ess ta keoerdte lreditbraukb

    jheds tbdt dre user-`eotrj`. [jtb do aversjnpcjeh

    jhedtjao pra`ess tbraukb lrdjostarnjok, jheds

    dre keoerdteh doh anpjceh jo d pjpecjoe. Xbe

    enpbdsjs ag jhed keoerdtjao js oat heternjoeh

    ly qudcjty, lut ao qudotjty. Gurtbernare,jooavdtjao ndodkeneot pra`ess haes oat tdie

    jota d``auot tbe race ag lrdohjok jo hrjvjok

    jooavdtjao. Xbjs js esseotjdc gar arkdojzdtjaos

    ds lrdohs ta hecjver pranjse tbraukb jooavdtjao

    tbdt bdve leeo annuoj`dteh. [jtbaut do

    uoherstdohjok doh prd`tj`e ag baw redtjve jheds

    dre ao`eptudcjzeh, jooavdtjao prd`tjtjaoers gran

    L-s`baacs prd`tj`jok jooavdtjao ndodkeneot

    typj`dccy hecjvers jo`reneotdc jooavdtjao, wbjce

    gdjcjok ta hecjver hjggereotjdteh vdcue aggerjokstbraukb lreditbraukb doh hjsruptjve jooavdtjaos,

    ds wecc ds jkoarjok tbe dspe`t ag lrdohjok ds do

    jooavdtjao hrjver.

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    9/35JOOAWDXJAO CEDHE\PBJV XB\AUKB LUPJOEPP HEPJKO :

    `) Ndijok Nedojok wjtb tbe Lrdohjok

    D lrdoh js tbe bundo jheotjty ag do arkdojzdtjao. Cjie bundos, tbe race ag lrdohjok js ta lujch recdtjaosbjp lujct doh per`ejveh,

    doh kujhe he`jsjao-ndijok ag ustaners. @anpetjtars wjcc joevjtdlcy `apy anner`jdcjzeh jooavdtjao. Xa preveot anpetjtars

    gran stedcjok yaur ndriet sbdre doh `anpete tbraukb prj`jok, lrdohjok js requjreh ds d hjggereotjdtar gd`tar. @anpdojes tbdt bdve

    jovesteh jo lujchjok d lrdoh eomay bjkber ldrrjer ag eotry, jo`redseh njohsbdre cedhjok ta dttdjojok nare ndriet sbdre. Xbjs js

    le`duse tbe pawer ag lrdohjok cjes jo tbe dljcjty gar lusjoesses ta kujhe `ustaners jo ndijok pasjtjve nedojok tawdrhs tbejr vdcue

    aggerjoks. Ds tbe true pateotjdc ag lrdohjok bds leeo uotdppeh ao baw jt `aooe`ts ta jooavdtjao, tbe awoer ag lrdohjok jo lusjoess

    uojt bds scawcy sbjgteh gran lejok awoeh ly ndrietjok jota tbe eotjre arkdojzdtjao. [bere lrdohjok wds sjnpcy do dhheh vdcue

    js oaw d kujhjok prjo`jpces tbdt js oe`essdry ds d `anpaoeot ag lusjoess jooavdtjao ta kujhe lebdvjar, doh strdtekj` `baj`es jo

    jooavdtjao doh ndodkeneot doh jooavdtjao.

    Nast lrdoh dkeo`jes dre stjcc aperdtjok ao

    tbe stdtus qua wjtb tbe trdhjtjaodc pdttero ag

    tbjoijok doh hecjvery. Lrdoh dkeo`jes dre typj`dccy

    spe`jdcjzeh jo hesjkojok strdteky doh drtegd`ts ta`annuoj`dte lrdoh pranjse, lut oat jo hecjverjok

    lrdoh pranjse. Hecjverjok lrdoh pranjse requjres

    lrdohs ta jooavdte. Bawever, nast lrdohs dre oat

    dlce ta lujch d lusjoess ar `redte oew prahu`t/

    servj`e jooavdtjao hrjveo ly lrdohs.

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    h) Lujchjok Oew Lusjoess wjtb Cedo Ptdrtup

    Oa atber hjs`jpcjoes dre ds dhept ds tbe cedo stdrtup ta `redte doh exe`ute jooavdtjao, doh lujch d lusjoess ly hecjverjok pranjses.

    Xbe cedo stdrtup dpprad`b js tbraukb jterdtjok jo quj`i `y`ces letweeo lujchjok tbe jhed, cedro tbraukb `ustaner vdcjhdtjao,

    doh nedsurjok jnpd`t doh s`dcdljcjty ag lusjoess nahec. Xbe gdst jterdtjve dpprad`b jo cedo stdrtup bds eodlceh lusjoesses

    ta le estdlcjsbeh jo bjkb qudotjty doh bjkb qudcjty aperdtjok dt cawer `asts. Xbe cedo stdrtup dpprad`b bdve hjsrupteh cdrker

    arkdojzdtjaos hue ta jts ga`us ao sacvjok bundo pralcens ly pravjhjok recevdot prahu`ts wjtb bjkb speeh ta s`dcdljcjty. Xbe ga`us

    ag cedo stdrtup bds leeo lujchjok lusjoess ly sacvjok pralcens ag tbejr tdrket `ustaners.

    Bawever, tbere js d pdttero wjtb stdrtups tbdt

    lreditbraukb jooavdtjao typj`dccy bdppeos ao`e

    jo tbe lekjoojok, wbj`b ceh ta tbe `redtjao ag

    stdrtups. Jooavdtjaos tbdt bdppeo dgterwdrhs dre

    nastcy jo`reneotdc jooavdtjao ta reoe exjstjok

    doh dhh oew vdcue. Xbere js d cd`i ag pjpecjoe ag

    jooavdtjao wjtbjo stdrtups tbdt js oe`essdry tad``ecerdte krawtb. Ptdrtups dre dcsa aperdtjok jo

    tbe preseot wjtbaut pcdoojok doh dotj`jpdtjok

    nu`b ag wbdt guture ag tbe johustry tbey dre jo.

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    JOOAWDXJAO CEDHE\PBJV XB\AUKB LUPJOEPP HEPJKO 44

    e) Guture-Vraagok wjtb Ptrdtekj` Garesjkbt

    Lusjoesses tbdt dre ndjotdjojok pratdljcjty doh krawtb seei ta secg-d`tudcjze tbraukb hanjodtjok oew ndriet ar se`urjok tbejr

    guture jo tbe exjstjok ndriet. Pe`urjok tbe guture nedos dotj`jpdtjok enerkjok treohs tbdt wjcc jnpd`t doh sbdpe tbe johustry, doh

    dhdpt tbejr lusjoesses wjtb treohs. Xbe dpprad`b ag strdtekj` garesjkbt ga`uses ao jheotjgyjok wedi sjkodcs tbdt ndie up guture

    treohs doh `redtjok nuctjpce guture s`eodrjas ag baw tbejr johustrjes wjcc le `aotextudcjzeh. Dotj`jpdtjok tbe guture js tbe d`t ag

    `redtjok tbe guture. Xbe vdcue ag strdtekj` garesjkbt js jo guture-praaok arkdojzdtjaos ly `redtjok jooavdtjao ldseh ao guture

    s`eodrjas. Xbese jooavdtjaos dre redhy ta exe`uteh wbeo tbe tjne ndtures.

    Xbe ndjo burhce ag enpcayjok strdtekj` garesjkbt

    jo lusjoess js sjnjcdr ta jssue gd`eh jo hesjko

    tbjoijok jotekrdtjok guture s`eodrjas jota

    lusjoess aperdtjaos. Eovjsjaojok guture s`eodrjas

    odturdccy jooavdtjaos ta le `ao`ejveh. [bdt js

    njssjok js baw guture jooavdtjao le ar`bestrdteh

    doh exe`uteh jo hue tjne jo d netbah tbdt jsjotekrdteh jo lusjoess pra`ess.

    @aosacjhdteh Hjs`jpcjoes

    Jt js evjheot tbdt ed`b hjs`jpcjoe neotjaoeh bds ndhe pranjoeot gar jts egge`tjveoess jo dhhjok spe`j` vdcue ta lusjoesses. Ed`b

    ag tben bds jts pcd`e doh tjne ag wbeo tbey sbauch le useh. @-cevec exe utjves doh lusjoess awoers bdve ndoy `baj`es ta baase

    ao baw ta eodlce jooavdtjao doh d``ecerdte krawtb tbdt js hepeoheot upao tbe lusjoess bdcceokes gd`eh. Xberegare, hjggereot

    hjs`jpcjoes oeeh ta le `aosacjhdteh jota d nuctjhjs`jpcjodry dpprad`b tbdt js jotekrdtjve doh nahucdr jo tbe dpprad`b, exjlce jo tbe

    pra`ess, doh bacjstj` jo tbe aut`ane. Lusjoess Jooavdtjao Hesjko (LJH) js tbe resuct ag `aosacjhdtjok vdrjaus hjs`jpcjoes taketber

    jota d sedncess dpprad`b.

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