Research shows that while 84% of executives think innovation is key to their growth strategy only 6% of those executives are satisfied with their organisation’s innovation performance. 7 out of 10 new products and services fail to deliver on expectations. With Strategyzer Innovation Sprint, build on our business model design expertise and our extensive library of business model patterns to design a value proposition customers want embedded in a sustainable business model. Use our testing process and our library of experiments to de-risk your business idea. Measure the innovation risk and expected return. Make an evidence-based investment.
Our tools, processes, and methodology revolutionized innovation and entrepreneurship. Millions of business professionals worldwide use them to get results.
Our methodology helps to develop new value propositions and business models. It also helps established companies shift from an outdated to a more competitive business model.
We believe in technology-enabled services that leverage the best of human creativity.
Our Software Platform enables the team to design, test, and track project progress. The leadership dash- board offers leadership an overview of the team’s progress.
Our Cloud Academy builds your team’s skills and capability.
Our experience in managing innovation projects guarantees your team can focus on the design and testing of their idea, and not on project logistics.
A dedicated Customer Success Manager (CSM) onboards and sup- ports your team members throughout the innovation sprint.
We coach your team from an unproven idea to evidence-backed business opportunity.
We coach your innovation leads to manage the process and support the team.
We coach your leadership on innovation management and investment.
The “typical” innovation process has three phases. The innovation sprint will get a team ready for the next phase. For example, a team in validation will complete its innovation sprint with a pitch requiring further investment and approval to go to the acceleration phase.
For a team who starts from a new untested idea an 8-week sprint helps the team map the business model and value proposition. Then make the underlying risks explicit, test hypotheses, and course correct rapidly. Adapt the idea over 8 weeks until it looks promising.
For a team who has previously shaped their idea and done early testing, a 12-week sprint helps the team drastically reduce the risk of a business idea that won’t deliver on expectations. In that time they per- form willingness to pay and pricing experiments. Prepare their idea for further investment.
For a team who has already made progress validating their idea, the sprint can last up to 24 weeks to enable more time-consuming experiments. Further intensify testing with strong Minimum Viable Products (MVPs). Gather evidence that you can acquire and retain customers. Prepare for scaling and further investments.
|Objectives||Customer understanding, context, and willingness to pay||Proven interest and indications of profitability||Proven model at limited scale|
|Time per Team Member||20–40%||40–80%||100%|
At the end of the Innovation Sprint the team will have designed and tested a bold new value proposition and business model supported by evidence.
At the end of the Innovation Sprint leaders will be able to make the next investment decision based on evidence from testing.
Participants will learn how to:
Leaders will learn how to: