Here, you can find more resources to help your business explore more tools and guides for strategic innovation. You can also view the references and literature that has been used to influence and justify content within then 'Strategic Innovation Guide'.
| Resources | URL | Resource Description |
|---|---|---|
| Explanation of the Business Model Canvas | https://www.youtube.com/watch?v=QoAOzMTLP5s | This video briefly summaries the Business Model Canvas, and explains what the different components of it are and how you can use this tool for strategic business planning. |
| What are Porters Five Forces? | https://www.youtube.com/watch?v=XCWHSeDU-zk | This video briefly explains porters five different forces. It looks at the importance of buyers, suppliers, substitutes, new market players and existing payers and how these factors impact your NPD strategy. |
| A Quick Guide to Resource Planning | https://www.youtube.com/watch?v=akj4R1xZHzA | Breakdown of what resources may be needed for a project, and helps to understand best strategies for SME's to implement. |
| How does the Balanced Scorecard Work? | https://www.youtube.com/watch?v=zf-d-O7hVhM | This video explains how to use the balanced scorecard to define measures for each four areas of the tool. This balance is vital for finding balance between different company sectors. |
| Understanding Root Cause Analysis | https://www.youtube.com/watch?v=TKv4Mw7qQbI | The purpose of this video is to be taught how to find the root cause of a problem or why an area of your enterprise is not preforming well. Then, how to correct these lacking areas is explored. |
| References | Module Location | Reference Description |
|---|---|---|
| Anderson, A. M. (2008). A framework for NPD management: doing the right things, doing them right, and measuring the results. Trends in Food Science & Technology, 19(11), 553-561. | Module 1 | The referenced review article examines a framework for NPD management. The fist diagram in Module 1 is based off this literature. This content may be behind a paywall. |
| Reading available is Porter, M. E. (2008). The five competitive forces that shape strategy. Harvard Business Review, 86(1), 78–93. ISSN: 00178012 |
Module 2.2 | Porter introduces the five forces that help to define different strategic attack strategies. |
| Diego. Geraldo. (2023, October 2). Product Innovation: 95% of new products miss the mark | MIT Professional Education. MIT Professional Education. https://professionalprograms.mit.edu/blog/design/why-95-of-new-products-miss-the-mark-and-how-yours-can-avoid-the-same-fate/ | Module 2.3 | One statistic shows that 95% of new product development efforts fail. |
| Bstieler, L., & Noble, C. H. (Eds.). (2023). The PDMA Handbook of Innovation and New Product Development. John Wiley & Sons. | Module 2.3 | This book examines risk mitigation tools that can be used when exploring NPD pathways or for portfolio management. |
| Cooper, R. G., & Edgett, S. J. (2010). Developing a product innovation and technology strategy for your business. Research-Technology Management, 53(3), 33-40. | Module 2.4 | This reference helps understand how products fit into different categories, and what these categories mean for setting strategic focus for your NPD efforts. |
| Cooper, R. G., Edgett, S. J., & Kleinschmidt, E. J. (2004). Benchmarking best NPD practices—II. Research-Technology Management, 47(3), 50-59. | Module 3 | This paper looks at portfolio and resource management at examines common areas of weakness amongst overseas companies. |
| Kaplan, R. S. (2012). The balanced scorecard: comments on balanced scorecard commentaries. Journal of Accounting and Organizational Change, 8(4), 539-545. | Module 4 | This journal explains the balanced scorecard as a technique for performance evaluation. |