Your portfolio of innovation projects, new business models, new value propositions, and new products and services, all mapped out in terms of Expected Return and Innovation Risk.
Your portfolio of existing businesses, value propositions, products, and services, all mapped out in terms of Return and Death and Disruption Risk.
What are our desired outcomes?
What behaviours will allow us to achieve our desired outcomes?
What enables and blocks us from our goals?
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At Virtuos Innovation On Lab, we use the following template to strategize and apply Business 4.0 Framework.Source: Business Model Generation Book
"Innovation happens when ideas create value. An innovation lab is the ideal place to explore and establish how the organization will accomplish this."
“People First” - Immediate steps to put and ensure safety and well being
Cash Management - Financial and organizational decisions and actions to retain workforce
Re-Focus and re-prioritize initiatives to align with immediate circumstances:
Value added solutions for crisis or cost savings and optimization solutions
Determine if short-term responses and reactions will become long-term changes
What needs to be reinvented based on new customer and market changes
At Virtuos, we have created powerful VUCA framework useful for small And medium organizations.