In Episode 9, I briefly talked about differentiation and why it is an important part of innovation.
In this episode we do an even deeper dive into the topic. And in particular I share my Innovation Targeting Matrix. The premise is that there are three levels of activities/opportunities - and they aren't all equal. When you better understand how to prioritize your innovation investments, you will get the biggest bang for your buck.
The three levels are:
By determining which level your challenges focus on, you can best determine your innovation strategy.
Although the Innovation Targeting Matrix was not in the Invisible Solutions book (it was in Best Practices are Stupid), I felt it was a useful tool to include here for listeners.
Download a copy of the Innovation Targeting Matrix
Download the lenses from Invisible Solutions
Learn more about Best Practices are Stupid
Submit any problems you want me to solve on the show
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