Practical Innovation Models
for SMEs
Our Goal
To introduce two easy to use frameworks for
innovating within your SME that can be
immediately implemented (yes, with no
expensive training or steep learning
curve).
Today’s talk
What we are going to cover:
• What we see as innovation and why this matters
now.
• Two practical tools to help provide frameworks
for your innovation activities.
• Two case studies from participants using these
tools on our current Hothouse New Frontiers
programme.
How this links in with today’s event
There are trained mentors here today from
Dublin City Enterprise Board who are
familiar with many SME innovation tools
and want to help you and your business.
A question…..
Do you feel that the products/services
provided by your organisation are
innovative?
However innovation is of critical importance
now….
Why?
Web 3.0 is why!
So if business model innovation is the antidote to constant change how do we go
about formulating strategy as an SME?
A strategic framework is needed to avoid…..
MORE OF THE SAME
CHAOS
What are the more common
frameworks for business model
innovation?
Business Model Canvas
Lean Canvas
A picture tells a thousand words
Lean Canvas
Business Model Canvas
And now for some practical implementations
of each canvas……
Both of these tools are available
online
• Business Model Canvas:
www.businessmodelgeneration.com
• Lean Canvas: www.leancanvas.com
Thank you for your time
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Eoin Costello
Eoin.costello@hothouse.ie
Brian Bracken
brian@siteshare.ie
Andrew Considine
aconsidine@willstream.com