Innovation has a colour

Could your goal be, to make more money using Innovation…………….

……like Coca Cola turning Green after 125 yrs. with envy

Change

Happy New Year and compliments

…… Of the season Top 3 Predictions for 2015

• 1st is You don’t change with a plan in place then market will change you forever ! Tesco Model of no change only growth …43 stores to be closed ..

• 2nd Microsoft and Salesforce will take a dominant share of the cloud-based business intelligence, know thy customer more than your family

• 3rd Internet of Things Gets Real for B2B Revolution – One of the hottest “inventions” debuted at the 2014 Consumer

Electronic Show (CES) was IoT toothbrush, enabling parents to see how long their children brushed. The number and variety of devices that will comprise the IoT is staggering and growing, everything from the Fitbit and Apple Watch to even the most economical car

– However, the real opportunity for IoT in 2015 will be in Smart Patient Rooms, Smart Cities, Aging in Place technologies, innovations around supervisory control and data acquisition (SCADA), smart meter reading, and even the reinvention of traditional workflows.

Where will your product/service fit in with new market dynamics

Does Innovation add value?

• Value is created , not added according to Dr Arshi Ilyas of Innovation business ltd, Glasgow based innovation Consultancy.

• This value creation comes from out of the box thinking by challenging , what we hold dear ..

• Innovation is a constant process . Formulas of yesterday are going to be the exact reason for the demise ..ask safeway, Nokia ,Akai , Bush

• Todays Business model age is 3 yrs , change or die

Yesterdays Investment Todays Liability

• After spending hundreds of millions creating recognition for Cellnet, BT had to abandoned the trademark, writing off the investment and buying a nice, new shiny trademark instead..

• Phones4u sold to liquidators after not taking action in changing business model

• Safeway bought by Morrison , same thing but profitable • Somerfield consolidated demise • Nokia ,Akai ,Bush : technology victim of blue sky research

and not listening to market changes • What everyone wants retails fashion , fashion changes

everyday , vast warehouse can not hold the change quicker

What went wrong and what can We learn from Dinosaurs

• Dinosaur's did not adapt with their environment • John Lewis being a cooperative model , can see

everywhere and take action, but not everyone can be a cooperative

• Sports Direct builds stake in Debenhams with £33m share purchase

• Opposites-attract-Primark-open-concessions--Selfridges • So every business must adapt to its customer environment

must see itself from every angle • Changing the business model is the first step for survival

which is profitable and sustainable

Industry trends and challenges New Business Models ? Not surprisingly, the industries that were expected to be the most active in

terms of M&A are those that are undergoing the most transformation

Q: Which industries do you think will be the most active in M&A in 2015?

Respondents predict that the most active industry will be healthcare related (84 percent). Other industries that were expected to dominate deal making include technology/media/telecom (62 percent), energy, oil & gas (36 percent), and consumer markets (3 4 percent). Ref:According to Mergermarket, for the first three quarters of 2014, deals were dominated by energy, mining and utilities, consumer markets, industrials and chemicals, financial services, and technology

Game Changer

• If you are not a game changer, then your competition will change your market ….Game over

• If you don’t plan your future customer acquisition strategy then your customer will be acquired by your competitor whom you don’t even know yet !

Chameleon is constantly changing its colour according to its emotions, light and temperature. In the cool morning, chameleons warm up at the sun, taking a black coat

that adsorbs easier sun heat, besides flattening their flanks. During the night, the chameleons turn whitish, faded. In strong light, chameleons turn brownish. At 25o C

they adopt a green colour, while at 10o C, their colour turns gray

Learning from a Chameleon • Chameleons adapt to changes surrounding them.

chameleons do change colour based on temperature, light, and mood. As a chameleon grows warmer, for example, its colours become brighter and more distinct.

• Business application: Market Success is about positioning, so is the survival of the chameleon

• Chameleons can focus on two things at once. A chameleon’s eyes move independently of one another, allowing it the peculiar ability to watch two things simultaneously… without moving its head. What’s more, each eye has a horizontal radius of 180 degrees and vertical radius of 90 degrees, and can see in three dimensions.

• Business application: Customer and Competition • Chameleons strike quickly and with pinpoint control.

A chameleon’s sticky tongue is a marvellous thing. Roughly the length of the creature’s body and tail combined, it can extend and retract in just a fraction of a second, with deadly accuracy and control.

• Business application: Timing to attack is the biggest strength to control when opportunities arise.

Rethinking your industry logic: Cross Industry Business Model Innovation

• Timing is everything , Rest are just processes

• Could you learn from Ikea and outsource some core activities to your customers?

• Could you learn from Gillette and their “razor and blade” model?

• Could you learn from the newspaper industry with their subscription model that makes customer pay you in advance before they get the product?

What we do is simple

• We do it together, more fun , proof is in the pudding

• Innovation Business provides an Business model Audit

• Innovation business will suggest a new business model for the current business

• Innovation business will create ownership of the new business with the board and manage stakeholders

• 30 days promise or Your Money Back

• Future proof for 2 yrs.

• Based on generating more profits , more money ,more innovation.

Q&A Only by Question we Learn …

• Please question me about your business model , my 10 Minutes are yours ! Stimulated ? Piz text date and time to Dr Arshi Ilyas on 00447960162115

• Energised ?your comments are the most valuable change… I bring to myself and the process of innovation :info@innovationbusiness.co.uk

Subject Meet me for Business model Innovation

LinkedIn : https://www.linkedin.com/profile/view?id=4785356&trk=spm_pic