An Introduction To The Wallace Innovation Network

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Turning changes into business opportunities An introduction to The Wallace Innovation Network

Who What How 2

Who What How 3

Who are we • Wallace Innovation Network • Core organization + Network of external resources to integrate different experiences and to always keep a fresh view for our clients – Collaboration agreements with complementary professional services companies (The Node Company, Pool CP, …) – Members of Expiga: ex P&Gers from all functions (Marketing, Sales, Finance, Human Resources…) – Network of independent experts, freelances as well as professionals from different companies (designers, executives, experts on communication, FMCG, media…) 4

Our partners Luis Mora  P&G, Leo Burnett, Pepsico, Unicity, Node  Experience on FMCG, Internet, interactive marketing, communication  Education: MBA

José Ramón Pérez  P&G, Sogecable, Telefonica, Cluster, DraftWorldwide, Node  Experience on TIME, communication, FMCG, utilities, production, logistcis  Education: Industrial Engineer 5

Who

What How 6

The story of Alfred Russell Wallace

Change Consumer Concrete

Change

Consumer

Concrete

9

Change

Consumer

Concrete

 Everyday we see that, “outside”, things just change like this… MONDAY

TUESDAY

WEDNESDAY

THURSDAY

FRIDAY

 … but then, how could this possibly happen?

 And, more importantly: what are we doing “inside” to anticipate and adapt to these changes? 10

“When the winds of change blow, some people build walls, but others build windmills” Chinese Proverb

11

Change

Consumer

Concrete

In The Wallace Innovation Network. we identify the new

needs

derived from those

change analyze the possible s,

scenarios, and transform them into

opportunitie s for growth

12

Change

Consumer Concrete

13

Change

Consumer Concrete

• A holistic view of the consumer at all levels, beyond the specific market and the specific product The consumer of

our product

The consumer overall (Purchasing and usage behaviors) The individual (General behaviors: longings, frustrations, priorities, objectives, contradictions…) 14

Change

Consumer Concrete

Empathic Research: A view of the consumer beyond traditional research

 People don’t do…  What they say they do  What you

believe they do

 What they

believe they do

 What they

are supposed to do

 People can’t imagine what they could do

15

Who What

How 16

Our methodology

• 4 main phases 1. Fresh look • “Inside” • “Outside”

2. Concepts and solutions 3. Evaluation and decision-making 4. Implementation plan 17

Overall structure of a project LOOK – INSIDE AND OUTSIDE Delimit

Explore

Opportunities

Back to the future

Imagine possibilities (own sector and others)

NURTURE Concepts

Up & Down

Tasks

Sector loops analysis

CREATE

Development Implementation

User tests Catalyst

Observation of consumers by profiles

Analogies

Usage and consumption analysis (current solutions)

Results

Develop and select

ACT

Technical implications

Playing off-limits

Breakstorm Draft of opportunity territories

NETWORK Trend analysis

Conceptualización

Opportunity territories Current “game field”

New possible “game fields”

1

2

3

4

Concepts and solutions

First economical implications

Draft of implementation plan

Testing and internal work

Educator

Some examples of our work 19

Areas of work

• Strategy • Design of products/services • Development of Innovation Ready Organizations 20

Areas of work Strategy– Product– Organization

“Redefine the organization and the strategy for the Press Division (paper and Internet) of a leading communication group” 21

Areas of work Strategy– Product– Organization Rebuild the marketing strategy for the Snacks category of a multinational company, in order to “get up” from the child market and gain new business by entering the teen market 22

Areas of work Strategy – Product – Organization Develop innovative products to drive lacticbased product consumption among women 50-

23

Areas of work Strategy – Product – Organization Identify concrete solutions and products for an utilities company, in order to be able to monetize the ecological consciousness of consumers

24

Areas of work Strategy – Product – Organization

Provoke new ways to look at the own business and identify new growth opportunities, by running a series of co-creation sessions with the top and medium-level executives of a pharmaceutical company

25

Areas of work Strategy – Product – Organization Generate possible scenarios for the future of a FMCG multinational company, with a tailormade “Back to the Future” session, and working out the results with the responsible executives of the impacted business areas

26

(as you read this) 27

THE WALLACE INNOVATION NETWORK Madrid – Spain www.WallaceIN.com [email protected]

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