von malortie consulting 1 Needs Driven Innovation Approach in Emerging Markets TCI 2008 Cape Town, South-Africa Stephan von Malortie Innovation Management
von malortie consulting 2 Needs Driven Innovation in Emerging Markets Opportunity Become early mover in Emerging Markets with Unique solutions fitting local conditions Approach Grow capability in Needs Driven Innovation Process Link with existing cluster initiatives Verify and prioritize towards opportunity, risk and aspiration Actors Local cluster National Steering International Cooperation
von malortie consulting Needs Driven Innovation Process Innovation Definition New Solutions Brought to Market with Success Needs Driven Identify Needs Drivers in Aspirational Target Build insight together with Trends and Scenarios Set Aspirational Time, Volume and Innovation Level Innovation Process Sponsor, Project Team, Steering – Triple Helix Aim (Solution), Budget and Timing Tools 3
von malortie consulting Innovation Process Vision & Strategy National Plan Market Insight International & Regional Technology Applied Ideation Opportunities Priorities Concept Development Implement Product and Service Development & Launch Innovation Process Innovation Project Management 4
von malortie consulting 5 Opportunity Utilize Local Market Understanding Products that Fit Local Environment Design that Attract Consumer Link Social and Economic Development Become First Mover and Regional Player Competitive Position as First Mover Attractive base for International Cooperation Needs Assessment and Market Insight a Business Opportunity Apply Latest Research and Technology Skip Traditional Solutions Innovate Cost-effective solutions Develop Break-Through Inventions
von malortie consulting 6 Innovation Capability Cluster Initiative Develop Innovation Activities, Processes and Cooperation -Use International Experience from Needs-Driven Innovation -Localize Resource for Market Data Access -Develop a Form to Generate Applicable Insight -Link to International Research and Technology Databases -Find a Workable Format for Innovation Process “There is never One solution or perfect Innovation Process or Culture”
von malortie consulting 7 Activities and Expected Outcome African Pilot Dual Process (Rwanda ) -Cluster Development -Building Innovation Process Capability Regional Cooperation -East African sharing knowledge and experience Outcome National capability to drive and manage innovation Successfully implemented innovative products and concepts Ranked potential concepts to be introduced in time Areas of need for research and solutions that will make some concepts work List of priority actions needed from governance and funding