A cornerstone concept for IOI Partners is value – creating, delivering, and capturing value. The Discovering Your Value Proposition (DYVP) Workshop uses proven canvas tools to help early stage companies identify value from multiple perspectives. As an engineering educator, value is a critical concept that is integrated into every aspect of teaching as our graduates […]
Build Three Models for Innovation Success: Product, Business and Execution
Every entrepreneur and technical leader wants to build the next blockbuster product and wildly successful company. Despite the desire and vision, success is not easy to find. Studies have shown that only 60 percent of new products introduced[1] and 25 percent of capital-backed ventures[2] achieve success. How do we improve our odds of success? The […]
Delivering Value & New Products: Where to Start?
Developing and delivering new products should be an easy task. Design and rapid prototyping tools allow us to quickly model and test new designs, and more information than ever is available on consumer trends and buying habits. Despite having all of this technology and information available to us, the literature shows that some 40 percent of new […]
Find Value in the Forest, Not the Trees
Developing and delivering successful products and services is a monumental task requiring precise planning and execution plus an element of good fortune. Product managers and designers often focus on packing the new product full of the latest, best, and most desirable features only to have the product fall short of expectations in the marketplace. Market […]
Delivering Value: The Innovation Guidepost
As innovation emerges as a new organizational priority and the field is being developed, what guidepost messages should we leave today to inspire those working in the future to develop better tools, methods and programs? Some 30 years ago, W. Edwards Deming wrote “Out of the Crisis” which established many of the basic principles for […]