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Business creativity developing multiple versions of you business model? how to avoid thinking patterns? Indrek Maripuu twitter.com/indrekmaripuu

Ttu innovatsiooni seminar talv 2013

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  • 1. Business creativitydeveloping multiple versions of you businessmodel? how to avoid thinking patterns?Indrek Maripuutwitter.com/indrekmaripuu

2. Creative CommonsAttribution-NonCommercial-ShareAlike 3.0 Unported License. 3. Why are we here?To develop new versionsof your currentbusiness model! - Brainstorm- Prioritize- Learn new toolstwitter.com/indrekmaripuu 4. WARNING!It is not a lecture. It is a workshop. You will be forced to work!It is not about what worked earlier (casestudies etc). It is about what may work in thefuture.You may find it uncomfortable![In fact, I hope you do! Because only then it is valuable for you!]twitter.com/indrekmaripuu 5. Indrek Maripuu Brainstormer. Entrepreneur. The evangelist ofbusiness modelinnovation. Developing a uniqueinnovation farm inSouthern Estonia. Twitter: @indrekmaripuuLinkedIn: http://ee.linkedin.com/in/indrekmaripuu 6. Clear your mind![Lets take a bit of time tofind out what is going on.]What to you need to sayin order to be completely presenttoday? Tell it to your neighbour! You have 5 minutes.twitter.com/indrekmaripuu 7. 1. Business modelinnovationtwitter.com/indrekmaripuu 8. @alfrehn have noticed: Communist Party of China: creativity is natural part in thedevelopment of communism and a central part of the revolutionary ideal. Vladimir Putin: creativity will driveRussia.Even Vatikan has its own innovationprograms....twitter.com/indrekmaripuu 9. Do you know this old proverb: No one ever got fired for hiring McKinsey. Modern version of it would be:No one ever got fired for suggestions like:we have to be more creative.There is too much talk about creativity!twitter.com/indrekmaripuu 10. Creativity is a ability to look same things as everyone else, but to see different things.Our goal today is to learnto see disruptive business models in your industry.twitter.com/indrekmaripuu 11. Often we focus on the company that launched agame-changing business model, and forget theimportant question: why didnt others see the same thing?The problem is not in the knowledge we have or inthe stories we have heard, but in how we imagineutilizing this knowledge.twitter.com/indrekmaripuu 12. What do you see?twitter.com/indrekmaripuu 13. This figure was drawn in 1900 by Joseph Jastrow, americanpsychologist. The figure can be viewed as a duck or arabbit when the face looks right it is a rabbit; when it looksleft it is a duck. You tend to see the whole rabbit or the wholeduck. Not both at the same time. It depends on which animal you select to focus on.It is exactly same with business models you choose where you put your focus and how many different possibilities you see.twitter.com/indrekmaripuu 14. twitter.com/indrekmaripuuSo you have sketched a business model?Satisfied? Happy?Be careful!Nothing is more dangerous than an idea when its the only idea you have.- Emile Chartier[You really need multiple version of your business model] 15. It is not one HEUREKA moment! It is focused effort to find ideas! [In order to find a good idea you need lots of ideas!]?Generation SynthesisDECISION [Creative][Rational]twitter.com/indrekmaripuu 16. Usual suggestion is: create multiple versions!s e.......do ain this br rkur O t wono way! Business Model Canvas is developed by Alexander Osterwaldertwitter.com/indrekmaripuu 17. The human brain is lazy!It will only engage if pushed!Otherwise it will go for the easier way, the well-known path.[In our case: you just decide you already have abest version of your businessmodel]twitter.com/indrekmaripuu 18. Whatassociates with......foot?86%shoe,arm,toe...command?71%dicipline,army,obey,officertwitter.com/indrekmaripuu 19. Too bad!We usesimilarpatternstwitter.com/indrekmaripuu 20. Be careful!Your (and mine) brain is designed to recognizepatterns and drawconclusions from them.twitter.com/indrekmaripuu 21. Habitual thinking!Who the hell wants to hear actors talk? Harry M. Warner Warner Bros. 1927Heavier than air flying machines areimpossible.Lord Kelvin President Royal Society, 1885twitter.com/indrekmaripuu 22. What is the beststrategy toovercome this rational and creative conflict? The illiterates of the 21st century will not be those who cannot read and write but those who cannot learn, unlearn, andtwitter.com/indrekmaripuu relearn- Alvin Toffler 23. In order to pushyour brain you need focus & tools!Your focus is the problem you want to solve, orthe idea you want to expand. We need some creativity tools because we arepretty good at imitating. We are so good that webarely notice when we are imitating. 24. 2. Ideastorm{Focus & tools} 25. Nothing is more important to exploration anddiscovery than the art of asking goodquestions. Good questions set our focus, ignite passionand energy and illuminate solutions that werepreviously obscure.Questions are firestarters!twitter.com/indrekmaripuu 26. Focus! Ideas for businessmodel innovation can come from anywhere. Each of the nine building blockscan be starting point, but all innovations affectother building blocks.Four main epicenters: Resource-driven Offer-driven Customer-driven Finance driventwitter.com/indrekmaripuu 27. Now discuss and decide yourfocus for this workshop!Possible questions to clarify your focus: Resource-driven: What new business we canstart based on existing infrastructure and / orpartnerships? Offer-driven: What new value we can offer forour clients? Customer-driven: To which new customersegments we can create value? Finance driven: How could we create a gamechanging cost structure?twitter.com/indrekmaripuu 28. Tools!twitter.com/indrekmaripuu 29. Before we start... The rational and creative are always in conflict witheach other. Rationalitylikes acting according whatour experience tells us, while creativity involvesbreaking existing rules and habits.twitter.com/indrekmaripuu 30. For this session, please turn off your rationalthinking![Yes, you are allowed to turn it on later on]twitter.com/indrekmaripuu 31. Tool#1:Brainwritingtwitter.com/indrekmaripuu 32. BrainwritingGenerate silently at least 3 ideas related to the question (focus you decided earlier) andwrite them on the paper. Timeframe: 3 minutes.Pass the paper to the person on your right. Read the ideas you received and developthem. If not able to develop just add a new idea inspired by what you just read.Timeframe: 3 minutes. Continue this process until the circle is closed.twitter.com/indrekmaripuu 33. Tool#2:daVincitwitter.com/indrekmaripuu 34. Whatyoucan usetightsfor?twitter.com/indrekmaripuu 35. Now lets use same methodology for generating ideas for your business model!Rules: 1. Use following pictures (or words)as a starters for new ideas. 2. Write the idea down. Do not discuss. You have 30 seconds per picture.NB! Do You remember your question?twitter.com/indrekmaripuu 36. Scientist Nobel Labor 36www.maripuu.eu 37. ChildKindnessHonesty 37www.maripuu.eu 38. bin LadenWTCFaith 38www.maripuu.eu 39. SumoSushiWeight 39www.maripuu.eu 40. NatureDarwin Milk 40www.maripuu.eu 41. DriverRoad 66 Truck 41www.maripuu.eu 42. DoctorMedicineSickness 42www.maripuu.eu 43. HomeSexMarriage 43www.maripuu.eu 44. RevolutionFactoryLenin 44www.maripuu.eu 45. TequilaCactusHorse 45www.maripuu.eu 46. 3. Selectiontwitter.com/indrekmaripuu 47. PrioritizeMap all the ideas based on two criteria:investment vs business potential.? LowInvestment? HighLow High Business potential 48. 4. New business modelstwitter.com/indrekmaripuu 49. Using three best ideas developthree new versions of yourbusiness model!Remember!Change in one block most probably affects all the other blocks as well. Be careful!twitter.com/indrekmaripuu 50. EWS! BA DN el ess mod bu s int ofYour ust a seis st i ll jh es es!hy potu n te sted 51. Untested hypotheses because you havent asked customers!The most valuable information can only be collected on the field. Not behind your deskor in the workshop.Customers are the only relevant judges of your business model.twitter.com/indrekmaripuu 52. NEXTSTEP? Prepare to talk with potentialcustomers! 1. Write down your hypotheses for the businessmodel and/or build a prototype. 2. Come up with what constitutes a pass / fail signalfor the test (e.g. at what point would you say thatyour hypotheses wasnt / was correct)? 3. Go to the field!twitter.com/indrekmaripu 53. Thankyou! twitter.com/indrekmaripu u