BUILDING AN INNOVATION PORTFOLIO PROJECT

Learning Outcome: In this project you will demonstrate how to select, organize and present a range of innovation initiatives that align with a venture's mission that guide on-going development priorities of selected innovation initiatives. As a founding entrepreneur or a lead innovator within a larger company, an innovation portfolio communicates an understandable approach that would convince a funding source (either a form of venture capital, an internal venture review board within a larger business, or a crowdfunding population) to support it.

Guidance: Select an existing company as a source of innovation initiatives that would be part of an innovation portfolio. As an analogy, think of these innovations like you would select stocks and make an investment portfolio. Some suggested ways to organize the innovation initiatives might be: by stage of their development; by their potential economic impact or profitability; by the level of financial capital they would require; by the kinds of technical talent they would require; or by the level of internal sponsorship they might require. No doubt, in addition to these, you will have specific considerations to add.

File Tools View Exemplary portrayals of Innovation Portfolios - Protected View . Saved to this PC v Exemplary portrayal of an Innovation Portfolio TRANSFORMATIONAL Drones Developing breakthroughs -O Figure 1: Real, Virtual, Core + Transformational and inventing things for CREATE NEW CUSTOMER NEED VIRTUAL markets that don't yet exist f Innovation Portfolio Public Safety User Internet.org Analytics . Acquisitions & subsidiaries ADJACENT Expanding from Blockchain Oculus Base Features or function existing business Hello into "new to the Heart Open innovation & investments company" business Wit.ai CORE Bitcoin Jobsen Optimizing existing Payments Instagram NG MARKETS products for existing TO PLAY customers Messenger LUX Whats Platform Hyre SERVE POSTIN Upgrades Market WHE Place REA Source: Facebook.com HA PRODUCTS PRODUCTS AND ASSETS AND ASSETS CORE ADJACENT TRANSFORMATIONAL & Crunchbase HOW TO WIN Figure 2: Innovation Ambition Matrix for Simplify Networks. This diagram identifies the current and potential innovation initiatives applied to the Innovation Ambition Matrix. Exemplary portrayal of an innovation ambition matrix Exemplary portrayal of portfolio development Screens 1-2 of 4 " Focus 140%File Tools View Exemplary portrayals of Innovation Portfolios - Protected View . Saved to this PC v Figure 2: Stage of Development f Stage of Product Development Refine ment Production Re-Creation Diffusion Adoption & Developman Support and Recognition Ideation Selling Evaluation Scanning Opportunity Prototyping Concept Testing & Positionl Facebook Ads $29b Bitcoin User UX Payments Drones Analytics Upgrades Instagram $10b djecent Transformational Transformational Core Public BUSINESS IMPACT Oculus $1.6b Safety Blockchain Internet .org Messenger Adjacent Transformations $600m Platform Whats App Market Place Figure 3: Position of Innovations in the Innovation Process. This matrix outlines the relative positions of existing and potential items in the Simplify Networks Innovation Portfolio in the Innovation Process. Scanning & deation & Prototyping Production, Support Recreation Recognition Concept & Testing Selling and Development Adoption End of document STAGE OF DEVELOPMENT Source: Forbes, Business Insider, O Acquisitions & subsidiaries Base Features or function O Exemplary portrayal of portfolio distribution * UX Upgrade . User Analytics . Dromes . BitCoin Payments . Public Safety . Blockchain Figure 1: Estimated Percentage of Innovation Portfolio. This graph shows the relative composition of existing and potential elements in the Simplify Networks Innovation Portfolio. Exemplary pattern of an innovation launch pattern Screens 3-4 of 4 " Focus 140%