Innovation Radar

The innovation radar displays 12 dimensions of business innovation anchored by the offerings a company creates, the customers it services, the process it employs and the points of presence it uses to take its offerings to market. It can be used as a tool to help explore in which ways a company can innovate.

Dimension	Definition
Offerings	Develop new products or services
Platform	Use common components or building blocks to create derivative offerings
Solution	Create integrated and customized offerings that solve of end-to-end customer problems
Customers	Discover under served customers segments or uncover unmet needs
Customer experience	Redesign customer interactions
Value capture	Redefine how the company gets paid
Processes	Redesign for greater efficiency, higher quality and faster cycle time
Organization	Change scope, redefine the roles, responsibilities and incentives of different business units and individuals
Supply chain	Think differently about sourcing and fulfillment
Presence	Create new channels of distribution or new points of presence
Networking	Create network-centric intelligent and integrated offerings
Brand	Leverage brands into new domains

Part of M8-S1 - Reading - Sawhney - The 12 Different Ways for Companies to Innovate