guide to innovation portfolios
guide to innovation portfolios
Ecosystems
Greener Acres Value Network Agricultural Localization Portfolios
Ideas to
Steve Bosserman
Greener Acres Value Network (GAVNet)
table of contents
the question
establish rules
document possible solutions
negotiate terms of sale
form a team
form an economic ecosystem
post likely solutions in a portfolio
compensation and contribution
form a value network
guide to innovation portfolios
operational guidelines
solutions
innovation portfolio
markets
product ideas
proprietary
business cases
creative commons (cc)
attribution (by)
technical skills
noncommercial (nc)
contracts
preliminary statement of work
sharealike (sa)
value equation
nonderivative (nd)
research concepts
open source
proposals
innovation team
value network
economic ecosystem
the question
section overview
even though innovators have solutions to many of the problems in the world, too many fail to reach markets. open portfolio platforms provide opportunities to share solutions publicly so they gain visibility, attract investment, and find value in markets.
the question
solutions
markets
how to deliver solutions to markets that would value them?
the formula
Increasingly, the centralized governance models for countries throughout the world fail to provide fundamental services that meet basic needs and assure security, safety, education, healthcare, and well-being of their citizens. Some the worst are in Sub-Saharan Africa. Despite this disenfranchisement of people by their government, these same countries have hope for the future that comes from youth. Currently, Africa is the youngest continent in terms of median age of its people. It will remain so throughout the 21st and well into the 22nd century making it the seat of enormous human creativity, energy, and impact on the sustainability of the entire planet. Although youth without training will fall far short of their potential, these same countries enjoy a high level of connectivity through mobile phone networks and Internet access which enables the rapid and rampant exchange of knowledge and know-how among people of all ages irrespective of locality.
Such exchanges create a sense of possibility, generate new ideas, and give rise to unconstrained entrepreneurialism that has an imperative to test innovation within informal economies and local markets. As innovations survive entry into local markets and attract resources to reach broader, more sustaining audiences, they influence the predominant behavior of people within a large area. The structures and conventions of their formal economies respond with adaptation to their experiences. Change happens and the circumstances in which people find themselves are much improved. With adaptation as the goal, the four factors contributing to it allow the formula to be constructed:
Disenfranchisement + Youth + Connectivity + Entrepreneurialism = Adaptation
innovation flows
Challenge: A significant percentage of the global population is food insecure. Available food is often unsafe or it does not have sufficient nutritional value to meet basic health requirements
Solution: Increased innovation flows throughout the value / supply chains of local food systems from production to consumption and the markets that incentivize these flows. The purpose of such "innovation portfolios" is to spur and apply innovation that anticipates and addresses these challenges and thwarts or lessens their impact.
Challenge: Over the balance of this century, projections indicate that the global population will double to 14 billion.
Challenge: Limited arable land coupled with persistent urbanization increase pressure on natural resources and drive need for improved agricultural productivity
Challenge: During this same time, the effects of climate change will disrupt traditional agricultural portfolios and practices.
These factors alone will present serious challenges for political stability, economic growth, and resource sustainability overall combined with a reasonable quality of life a majority of the population.
documentsolutions
section overview
curate the background for your solution so that when you tell your story about it the reader knows why it is important, how it will work, and what it does — and believes you care enough about it to make it happen
document possible solutions
solutions
markets
product ideas
technical skills
preliminary statement of work
research concepts
form a team
section overview
invite those you respect and trust, whose strengths complement yours, yet whose perspectives differ from yours to join the team that will develop the solution
form a team
solutions
markets
product ideas
technical skills
preliminary statement of work
research concepts
innovation team
post likely solutions
section overview
innovation portfolios provide opportunities to share ideas publicly so they gain visibility, attract attention, and manifest stickiness hint: less proprietary and more open means less cost and faster time to market
post likely solutions in a portfolio
solutions
innovation portfolio
markets
product ideas
proprietary
creative commons (cc)
attribution (by)
technical skills
noncommercial (nc)
preliminary statement of work
sharealike (sa)
nonderivative (nd)
research concepts
open source
innovation team
form a value network
section overview
people with a broad range of knowledge and know-how about interrelated fields of study, associated technologies, and their applications who network closely generate value. Hint: the more robust the value network the more favorable the value equation.
form a value network
solutions
innovation portfolio
markets
product ideas
proprietary
creative commons (cc)
attribution (by)
technical skills
noncommercial (nc)
preliminary statement of work
sharealike (sa)
value equation
nonderivative (nd)
research concepts
open source
innovation team
value network
establish rules
section overview
value networks and innovation portfolios require collectively determined guidelines to manage the expectations of participants. Hint: the clearer the guidelines about contribution and compensation the more likely the commitment and delivery
establish rules for participation
operational guidelines
solutions
innovation portfolio
markets
product ideas
proprietary
creative commons (cc)
attribution (by)
technical skills
noncommercial (nc)
preliminary statement of work
sharealike (sa)
value equation
nonderivative (nd)
research concepts
open source
innovation team
value network
negotiate terms of sale
section overview
innovation enters the market when clientele buy business cases, sign contracts, and award proposals. Hint: teams associated with extensive value networks and dynamic portfolios have excellent bargaining positions to advance their innovations
negotiate equation for value exchange
operational guidelines
solutions
innovation portfolio
markets
product ideas
proprietary
business cases
creative commons (cc)
attribution (by)
technical skills
noncommercial (nc)
contracts
preliminary statement of work
sharealike (sa)
value equation
nonderivative (nd)
research concepts
open source
proposals
innovation team
value network
form an economic ecosystem
section overview
value and supply chains link points of production to points of consumption such that a set of interconnected value networks evolves to form an adaptive business ecosystem. hint: post to multiple portfolios and join related value networks to increase marketability.
link multiple value networks
operational guidelines
solutions
innovation portfolio
markets
product ideas
proprietary
business cases
creative commons (cc)
attribution (by)
technical skills
noncommercial (nc)
contracts
preliminary statement of work
sharealike (sa)
value equation
nonderivative (nd)
research concepts
open source
proposals
innovation team
value network
economic ecosystem
compensation and contribution
section overview
teams, value networks, and economic ecosystems deliver value to markets and in return the market compensates those who contribute and offer opportunities for further contribution in the future. Hint: get the formula right that allocates gain from success
compensation and contributions
operational guidelines
solutions
innovation portfolio
markets
challenges, applications, and opportunities that spur future contributions
preliminary statement of work
compensation for contributions to a successful contract
value equation
innovation team
value network
economic ecosystem