Innovation, The New Business Renaissance. “In the 20 th Century, businesses used innovation to stay ahead of the competition. Today, businesses rely on.

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Presentation transcript:

Innovation, The New Business Renaissance

“In the 20 th Century, businesses used innovation to stay ahead of the competition. Today, businesses rely on innovation as a Survival Strategy! ” [DaVinci Consulting] The evidence; companies that failed to innovate in time… The Innovation Imperative “Innovate, Or Risk Becoming Irrelevant” “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change. “ [Charles Darwin]

The Innovation Storm The convergence of many forces has resulted in a storm of unprecedented transformational change to how businesses develop and distribute products and services to the marketplace and their customers. Like an approaching hurricane, it’s intensity and power are gaining in strength and speed as these forces converge and become more entwined.

The New Business Normal Marketing Predictive and Data Driven [Analytics and Social Media Trending] Products On-line Comparatives [Aggregators] Crowd Sourced Reviews Pricing “Pay As You Go” Model [Telematics] Industry Based Search [Travelocity] Services Real Time Guidance [GPS] Immediate Response [On Star] Loyalty Rewards Programs Expanded Services [Emirates Limo Service] Traditional business models are being replaced more and more with new operating models underpinned by new technologies, social media, data analytics and cloud computing resulting in a new business normal. Impacting virtually all facets of business, it is propelling incremental and disruptive innovation across the marketplace.

Communications Technology Social Community Information Information, The New Currency Immediate Access Anytime - Anywhere On-line Services & Products Transactionally Empowered Fully Connected At All Times Socially Driven Cloud Computing Mobile Technology SmartPhones Texting Web Services Data Analytics Video Conferencing Skype FaceBook LinkedIn Crowd Sourcing Aggregators google WikiPedia Twitter RSS Feeds YouTube Pinterest The New “Information Empowered” Consumer GPS Marketplace rules are rapidly changing. While price and product will always drive consumer buying decisions, convenient online access to products, services and information is becoming more and more relevant each day.

The Social Revolution Consumers are now more connected than ever before and rapidly opting for the d irect e mpowerment that Social and Technology provides and abandoning the more traditional marketing and intermediary business models.

R einventing Y our B usiness today Join the New Business Renaissance now and start R einventing Y our B usiness today! Here’s how DaVinci Consulting can help you get started: Collaborative Management Consulting - Virtual Collaboration - Cross Functional Teams Degree Perspective Multidimensional Innovation Solutions - Battlespace Assessment - Collaborative Ideation - Design Thinking - Innovation Challenges Business Strategy Development - Vision Based / Goals Based Planning - Market Structure & Competitive Analysis - Blue Ocean Strategy Scenario Planning - Flexibility Assessment - "What If" Scenario Exploration - Dealing With Scenarios "Head On" Workshop Facilitation - Brainstorming Sessions - Round Table Ideation - Innovation Approaches / Practice Sessions Please see DaVinci Consulting’s web site for more information at: DaVinciConsulting.vpweb.com or send an to: