TOOLKIT TOPIC

Reinvent Offerings

Create new opportunities out of existing IP.

Toolkit includes

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13.17 minutes of on-demand video

4 downloadable resources

Learner level

Individual Contributor, Team Leader

Who this is for

This toolkit is tailored for team leaders and individuals looking to innovate continuously and turn existing assets into new opportunities.

Toolkit overview

In today's competitive market, leveraging your existing intellectual property to its fullest potential is crucial. This toolkit offers unique strategies to reimagine your current offerings, turning what you already have into what you need.

Long description: Many organizations overlook the potential locked within their existing intellectual property. This toolkit introduces techniques to unearth and capitalize on these hidden opportunities. Through resources like the '40 Opportunities' tool and the 'Plus 3 Minus 3' technique, you’ll create new value from your existing products and services. Techniques such as 'ReThink' and 'Where/When/How/Who Else' will guide you to see beyond the present and discover new possibilities for market expansion and innovation. You’ll enhance your ability to innovate and generate new business opportunities.

Toolkit outcomes

  • Increase ROI from enhanced utilization of existing products and services

  • Improve product offerings through strategic incremental improvements

  • Envision potential innovations and business expansions

  • Access new markets, locations, and avenues for existing products or services

What you’ll learn

  • Create and expand value in your products with the '40 Opportunities' tool

  • Apply the 'Plus 3 Minus 3' technique to refine and enhance your offerings

  • Use the 'ReThink' technique to challenge and overcome conventional boundaries

  • Discover new markets and opportunities with the 'Where/When/How/Who Else' approach

Skills you’ll develop