Question: - What is your industry about? What are relevant changes happening in the Political, Legal e . t . c context relevant to your industry?
What is your industry about? What are relevant changes happening in the Political, Legal etc context relevant to your industry?
These changes are industry drivers eg Customer preferences.
What are you innovating to respond to customer needs?, why is this feature important to customers?
Is this feature part of the strategic intent of the organization?
Determine incremental or radical innovation.
Value Cluster
What is the value creation enabler? Eg Technology, IR Data Analytics,
What is the perceived value?
Who is the target Market?
What are the opportunities for collaboration?
What clusters will enable collaboration eg value chain, brand name, easy access to infrastructure, IT Infrastructure, Human
Resources
Framing the Market
Opportunity
Market Space Offering
Who are the stakeholders eg regulators
What is your unique market space offering relevant to the innovation idea?
How will your idea promote the offering?
What are the threats to the idea?
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