THOUGHT LEADERS IN YOUR BUSINESS BOOSTING RADICAL INNOVATION PERFORMANCE “ Ordinary people cannot be innovative all of the time. However, if somebody gives them a target... “ AKIO MORITA, SONY www.cranfield.ac.uk/som/leaders ng rmi o f e ns Tra wledg n kno actio into Research Knowledge Pre-Workshop Activity Deep Strategic Analysis Your Critical Issues How do you measure your innovation success for radical and incremental innovation? Do you find that you are good at creating new products or services but they fail to resonate with customers and only achieve incremental sales? Or perhaps your selection criteria focuses on short Your Workshop Cranfield will assign two industry renowned Thought Leaders to work with you and your top management team in a closed door workshop. Over the two days our aim is to boost your innovation performance and zero in on the real issues that matter to your organisation. Working on your strategy we will use our unique tried and tested term solutions, killing any radical thinking, vital for breakthrough growth. The fact is that product failure is more common than success; what you need is a solid process for creating and managing ‘breakthrough products and services’ to deliver radical innovation performance. innovation and performance management tools to conduct a deep dive; peeling back the layers to reveal hidden opportunities and those elusive giant blockers that are often fatally ignored. By the end of this intense workshop you will have a robust, focussed and deliverable strategy to ensure radical innovation performance. Your Thought Leaders Professor Keith Goffin is a former Financial Times Professor of the Week and 5 star Amazon rated author. He has extensive experience of product development. During 14 years with Hewlett Packard Medical Products he worked on the development of the world’s most successful patient monitor and designed the marketing campaign that took defibrillators from 3% market share to market leadership within six months. He regularly acts as a consultant on innovation management to leading organisations, including Sanofi, Agilent Technologies and Reckitt Benckiser. Professor Mike Bourne has authored over 100 publications including The Handbook of Corporate Performance Management, Balanced Scorecard, Instant Manager and Successful Change Management in a Week. His research is at the interface of performance measurement with strategic management and control systems. Mike spent 15 years in business holding directorship positions in subsidiary companies. Today he works with companies supporting their senior management teams through the process of clarifying and executing their strategy in line with their organisational goals. He has worked with Accenture, BAE Systems and BP. Action Value Making It Happen Post-Workshop Support Your Thought Leaders Package Pre-Workshop Activity As your workshop will be focussed solely around your business, you will need to come equipped with relevant data, including: || Product performance data for your top 3 products or services and your closest competitors || Market Data including customer feedback and industry analysis. Day 1 - Deep Strategic Analysis || What does success look like and how to get there Day 2 - Making It Happen || Developing your Success Map || Refining your Key Performance Indicators || Applying Portfolio Management Criteria to successfully manage your products/ services || Reasons behind incremental growth & measures for radical innovation || Innovation and Performance Audit || Applying the Process Measurement Framework to control performance || Rebuilding your innovation and performance strategy || Introducing measures for successful product outcomes || Stress testing your strategy to ensure success || Business Model Analysis using the Kano process. || Walk away with a focussed action plan with management buy-in. Post-Workshop Support To ensure you deliver the plan your Thought Leaders will continue to engage with the team through a: || 4 week Progress Review workshop via WebEx to help you overcome any initial blockers || 12 week Progress Review – to track progress and ensure you are working through the thorny issues || Optional on-going support.* Fee: £20,000 + VAT - For the top management team in your organisation. Date: To suit your business priorities. *Additional charges may apply. THOUGHT LEADERS IN YOUR BUSINESS Boosting Radical Innovation Performance Some organisations believe that their top management teams benefit from being removed from their normal day-to-day environment during the workshop element of this programme. If you wish, we can arrange to run your workshop at Cranfield School of Management. Location: Cranfield School of Management’s rural setting in Bedfordshire allows you fully to absorb yourself into this programme without distraction. Located about halfway between London and Birmingham, and on the outskirts of the rapidly developing city of Milton Keynes, Cranfield’s location and travel links could not be better. Junctions 13 and 14 of the M1 are five minutes away and the railway station at Milton Keynes is 20 minutes by taxi. London Luton airport is just 30 minutes by car and Heathrow and Stansted within 90 minutes, offering superb connections to and from just about anywhere in the world. How To Book: Our advisers are on hand to provide you with more information and will put you in contact with your Thought Leaders for an initial consultation. E: som.action@cranfield.ac.uk T: +44 (0)1234 754570 W: www.cranfield.ac.uk/som/leaders