Plan Your Product and Service Portfolio

Idea Time Innovation with Dr. Jo North

#Entrepreneur #Business #ideatime #Podcasting Education #I Share

5:37

Great short Bonus Show for all our loyal podcast fans. This week a tremendous comedy team shares comedy and music...it's "Mack & Jamie" , stars of TV's "Comedy Break"; sharing loads of musical humor. Enjoy!

il y a 2 ans 25:33

MP3•Maison d'episode

How well are your products and services performing? When was the last time that you sat down and did a strategic review of your portfolio?

For some businesses, it’s a regular, ongoing activity. They’re always on top of what’s working and spotting early signs that something needs to be tweaked or changed.

In many cases, entrepreneurial leaders know what’s going well and what isn’t, based on intuition, but don’t get thoughts out on paper often enough to help them think through their next moves and strategies to get clarity on future plans.

If you’d like to take a snippet of time (30 minutes or so) to hit pause and reflect on your business’ performance, join me for this show, either live or on replay.

I’ll be sharing how you can use some classic frameworks that are just as valuable today as when they were first created to take a snapshot of your business offer and gain clarity on your next moves.

I bet that you are familiar with these frameworks – but are you actively using them to help your business grow?

Work alongside me to use three classical innovation and business growth concepts – the Product Lifecycle, BCG Matrix and the Innovation-Adoption curve – for your new product development, business planning and strategic thinking.

I’ll also stop off to take a very quick look at the Gartner Hypecycle and their Technology Trend Summary for 2023, but don’t worry if tech isn’t your thing! The principles apply to so many other things, and it’s great to have a quick look at what might be ahead.

Mintel have published their Global Consumer Trends for 2023, too, so I’ll give you a heads up on those.

107 episodes

Plan Your Product and Service Portfolio

Idea Time Innovation with Dr. Jo North

published il y a 2 ans

MP3•Maison d'episode

How well are your products and services performing? When was the last time that you sat down and did a strategic review of your portfolio?

For some businesses, it’s a regular, ongoing activity. They’re always on top of what’s working and spotting early signs that something needs to be tweaked or changed.

If you’d like to take a snippet of time (30 minutes or so) to hit pause and reflect on your business’ performance, join me for this show, either live or on replay.

I bet that you are familiar with these frameworks – but are you actively using them to help your business grow?

Mintel have published their Global Consumer Trends for 2023, too, so I’ll give you a heads up on those.

107 episodes

#Entrepreneur #Business #ideatime #Podcasting Education #I Share

Tous les épisodes

1
Build a Thriving Innovation Ecosystem 26:31

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26:31

Do you want to build a thriving innovation ecosystem for your company or organization? If you’re looking to create an environment where ideas, people, and opportunities come together to drive real results, this episode is for you. Here’s what we’ll cover: What an innovation ecosystem is. Why a thriving innovation ecosystem is critical for collaboration, growth, and staying competitive. Key components of a successful ecosystem We’ll look at shared purpose, diverse participants, and the communication that ties it all together. Steps to build and sustain your ecosystem - from setting a clear vision and mapping stakeholders to promoting open innovation and encouraging collaboration. This session is practical, to the point, and full of useful tips. It also features current, real examples. Whether you’re a leader, innovator, or part of a team working on partnerships or development, you’ll walk away with ideas you can put into action. I'd love to read your questions and thoughts in the comments. I'll reply personally to them all. For the article that accompanies this webinar, go to: https://bigbangpartnership.co.uk/how-to-build-a-thriving-innovation-ecosystem/ For my book, Leading Sustainable Innovation, order here and use the discount code KOGANPAGE20 : https://www.koganpage.com/responsible-business/leading-sustainable-innovation-9781398616684…

1
TRLs: Accelerating Sustainable Innovation 18:16

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18:16

Sometimes a promising idea or discovery is so exciting that it's tempting to rush ahead, risking missing key steps along the way. Other times, it's challenging to figure out how to progress the innovation at speed and scale, causing it to get stuck. In this episode, I explain how Technology Readiness Levels (TRLs)—originally created by NASA in the 1970s and now used internationally—provide a valuable framework for identifying and communicating the maturity level of your sustainable innovation. TRLs can help you build a roadmap to ensure your innovation makes the impact you want it to make. Don't let the term 'Technology Readiness Levels' put you off if you're not in tech. TRLs are used for all kinds of sustainable innovations, including new products and services, materials, engineering, medical solutions, and more. I cover what TRLs are, where they came from and why, how to use them, and most importantly, how to progress your sustainable innovation from an idea to an applied solution that makes a real impact. For my article on this topic, please go to What are TRLs? Technology Readiness Levels Explained .…

1
How to Bring Your Company Values to Life 26:04

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26:04

Company values are more than words on a wall or a website. They're the heartbeat of an organization, guiding decisions and behaviors. Yet, bringing them to life is where many companies struggle. In this show, I share practical ways to help your team infuse your company’s values into your everyday work. I’ll share: How to facilitate workshops with your team to identify behaviours for every role that embody your values Why and how to make your values the foundation of your business decisions, hiring practices and recognition programs Keeping your values front-of-mind with storytelling and visual communication How to check-in and monitor your progress…

1
Creative Thinking Techniques for Strategy and Innovation 32:16

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32:16

Join me in this dynamic session on creative thinking techniques to elevate your strategy and innovation sprints, workshops and meetings. Whether you're looking to tackle complex problems or pave the way for fresh, more ambitious ideas, this session will equip you with practical techniques to think creatively and act innovatively. We’ll cover: Foundations of Creative Thinking: Understand the core principles that underpin creative thought and how it can transform your approach to strategy and innovation. Techniques and Tools: Explore a range of tried-and-tested techniques to stimulate creative thinking and apply these tools in your work. Real-World Applications: See how organizations have successfully applied creative thinking techniques to solve problems and innovate. This show is ideal for business professionals, team leaders, managers, and anyone looking to: Enhance strategic thinking with creative approaches. Drive innovation within teams or organizations. Solve complex problems with out-of-the-box solutions. #creativethinking #psychologyofcreativity #innovation #strategy…

1
How to Facilitate a Scenario Planning Workshop 25:16

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25:16

This podcast, "How to Facilitate a Scenario Planning Workshop", will guide you through using scenario planning to help you to develop and strengthen your sustainable innovation strategy. Key takeaways: Understanding sustainable innovation: Balance environmental, societal, and economic impacts for long-term success 🌱. Scenario planning insights: How to prepare for various futures, mitigating risks and spotting opportunities 🔍. From theory to practice: Real-world applications that show the impact of effective scenario planning. 🚀 Tools and processes: Effective strategies and tools for developing actionable plans based on critical scenarios 💡. Who should listen? Leaders, strategists, and anyone interested in sustainable innovation and strategic foresight. I hope you can join me live or on replay to explore how scenario planning helps to innovate towards a more sustainable future. 🌱…

1
Build a Successful Innovation Team 24:04

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24:04

🚀 Build a Successful Innovation Team 🚀 🎥 🎙️ In this week’s Idea Time show, I explore how to build an innovation-driven team. Highlights are: Innovation as a Core Value: Essential for product development, adding technical, process, and functional value. Innovation Time Off (ITO): Learn from Google, 3M and others . Balance innovation and productivity. Set the Innovation Stage: Effective communication and real-life examples to spark creativity. Lean Start-up Approach: Validating ideas early with a Build-Measure-Learn cycle. Diverse Team Composition: Diversity fuels creativity. Importance of a guiding team leader. Skills for Innovation Teams: Creative, critical thinking, empathy, curiosity, problem-solving, and collaboration. Sustaining Innovation Culture: Top management’s role in fostering an ongoing innovative environment.…

1
How to Facilitate a Stakeholder Mapping Workshop 20:51

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20:51

Stakeholder mapping is a strategic process used in innovation, project management and business planning. It involves identifying and analyzing individuals, groups, or organizations that can impact or be impacted by a project or business activity. The goal is to understand these stakeholders' interests, influence, and the nature of their involvement. By mapping stakeholders, innovators can better navigate complex environments, minimize risks, and leverage support for successful outcomes. In this mini-show, I share helpful ideas on how to facilitate stakeholder mapping, an essential tool for innovators, design thinks and project leaders. We cover some practical techniques for identifying, mapping, and prioritizing stakeholders, how to develop tailored communication strategies and why keeping your stakeholder map updated is vital.…

1
Horizon Scanning & Foresight for Innovators 26:55

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26:55

In this content-packed live show, I dive into Horizon Scanning & Foresight for Innovators. No crystal balls, prophecies or predicting the future, though! Horizon scanning is about detecting weak signals of potential change before they make it big. It keeps you prepared, and gives you and your innovation strategy a competitive edge. In this show, I share: What horizon scanning is, and why it’s important The differences between foresight, forecasts and prediction What ‘weak signals’ are, and how to spot them Emerging trends Tips and approaches for horizon scanning in a fast-moving, information-dense world How to do horizon scanning with your team Data for horizon scanning A horizon scanning toolkit, including: Seven Questions interview technique The Delphi technique Futures Wheel Text Mining – using AI to scan through large sets of text data, spotting trends in news, social media, or academic publications. Cross-impact analysis Scenario planning Importance / certainty matrix Transformation maps It really is a value-packed whopper of a show – ideal for you if you’re planning your innovation and business growth strategy. I also share how you can access my free horizon scanning toolkit. As always, I'd love your comments and questions on my social channels!…

1
Lead A Sustainability Workshop for Your Business 28:20

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28:20

This episode is a really good one if you're interested in leading sustainable innovation in your business. I go in-depth on how to facilitate a successful Business Sustainability Workshop for your team. I give you a start-to-finish guide on how and what to prepare, a workshop agenda with specific activities and tips to turn your ideas into action after your event. What I cover: Workshop Preparation: Why having a solid plan for your workshop or sprint is crucial and what materials and information you should prepare in advance. Circular Economy Principles: How to incorporate these into your business model and why it matters. Resource Flow Analysis: Pinpoint waste and inefficiencies in your processes and develop a plan to tackle them. Stakeholder Perspectives: Understand sustainability concerns from various stakeholders' perspectives, enhancing your corporate social responsibility efforts. Building a Roadmap: Building your sustainability plan. As always, please do share your ideas and questions in the comments on my social channels, it will be great to hear from you!…

1
Sustainable Business Model Innovation 27:33

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27:33

In this episode, I dive into the world of sustainable business model innovation and discuss why it’s essential in the contemporary business environment. Key topics I cover are: The rising demand for sustainability from customers and the global trend towards sustainable value propositions. Examples of businesses committing to Net Zero targets. The role of sustainability in attracting and retaining talent, and the link between environmental ethics and job satisfaction. The creation of new opportunities through sustainable business model innovation, such as supply chain innovations. The definition of a sustainable business model and the purpose of innovating one. Steps to build a sustainable business model: deconstructing products and services, walking through business processes, focusing on people, and using data for continuous improvement.…

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How Open Innovation Can Transform Your Business 24:28

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24:28

Open innovation is all about expanding your business horizons. Instead of keeping all your ideas and projects in-house, you collaborate with external partners, startups, or customers. This approach speeds up innovation, cuts costs, and could give your business the competitive edge it needs. Tune into my livestream to learn how you can make open innovation work for you. Get to Know Open Innovation I'll start off by demystifying what open innovation really means. I’ll explain the difference between open and closed innovation models. Real-World Cases Hear about companies that have thrived by adopting open innovation. Their success stories could be inspiration for your business. Practical Benefits I'll cover the ROI of implementing open innovation strategies. Learn about faster product development, cost reduction, and increased creativity within your organization. How to Get Started Thinking about jumping in? I'll provide actionable steps on how you can integrate and facilitate open innovation into your business operations.…

1
Appreciative Inquiry for Innovators and Facilitators 20:53

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20:53

In this episode of the Idea Time show, I cover what Appreciative Inquiry is and show you how you could use the process of Appreciative Inquiry to create and facilitate highly effective, strengths-focused innovation. Appreciative Inquiry means recognising, exploring and building on the positive, aligning with strengths-based development. It is all about reframing, and, starting from the position of asking, ‘What are we doing well?’, ‘What are the good things?’, ‘What are we great at?’, ‘What are the positives that we have got to offer?’ Having a positive focus is optimistic, empowering and motivational, and for these reasons Appreciative Inquiry can be a powerful ingredient for achieving positive change, innovation and growth – for people and organizations. My focus in this episode is how to do this in practice, including a full agenda for an Appreciative Inquiry-based workshop or sprint, with tools, techniques and activities that you can use.…

1
How to Prioritize Ideas Using Top Innovation Frameworks 21:56

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21:56

Having a lot of ideas after a brainstorming session? Unsure which to pick? I've got you covered. In this show, I'll introduce you to 8 proven innovation frameworks that can help. These tools can be used individually or in group settings. Pick what's best for your scenario. Innovation Frameworks to Discuss: Idea Sorter MoSCoW Method The KJ Method (Kawakita Jiro Method) RICE Scoring Method Kano Model WSJF (Weighted Shortest Job First) Eisenhower Box (or Urgent-Important Matrix) Ivy Lee Method Think I've overlooked one? Let me know in the comments, and I’ll include it! Looking forward to seeing you there. #innovation #facilitation #designsprints #designthinking #innovationstrategy…

1
Entrepreneurship in Action 48:10

il y a 2 ans48:10

48:10

In this podcast episode I’m joined by my very special guest, TV producer and presenter, entrepreneur, 2x award-winning author, and elite carp angler, Ali Hamidi. Ali is the founder and CEO of One More Cast Ltd , a big dream that has become reality. Ali’s focus has been to create a brand with premium fishing tackle and outdoor products to cater for a wide range of situations. He’s obsessive about customer engagement to drive future product development alongside the business’ extensive experience in the fishing tackle industry, accessories and clothing. Not only does Ali love producing fishing products, he’s also a passionate content creator with new TV series on ITV and Viasat (International) called the Grand Fishing Adventure and of course an ever growing YouTube channel and Social Media platforms. Ali was the marketing and media talent that helped grow the Korda brand from a kitchen table business to a multi-million company. He’s also produced and starred in tv shows The Big Fish Off, Thinking Tackle, Monster Carp, Fishing All Stars. In this episode, we explore Ali’s entrepreneurial business journey to date, and how he builds online relationships and communities of people who support the brand. Ali shares how he has taken a hands-on approach to successfully teaching himself new product design and development. He also tells us how he got into tv, developing relationships at Sky and ITV. I loved catching up with Ali. He’s such an inspiration, and this episode is packed with down-to-earth tips, insights and advice. Ali and I hope you enjoy it. We’d love to hear what you think. To connect with Ali Hamidi: Instagram Facebook YouTube LinkedIn #entrepreneurship #innovation #newproductdevelopment #npd #businessgrowth #contentcreation…

1
Design Thinking 101 31:53

il y a 2 ans31:53