Evidence IndicatorsThis is a featured page

There are 30 indicators that give a quick but detailed summary of evidence, based on the shallow dive research, for or against specific propositions related to the opportunity . Each indicator is a quick assessment of evidence for or against a specific proposition and should not be interpreted as a judgment for or against the opportunity itself. In fact, you may believe that evidence against a specific proposition (e.g. there's a lot of activity and energy in the space) is a good thing. Each indicator focuses on a different aspect that could influence an opportunity and they are not entirely independent of each other. The indicators are also not company specific. For example, 'strategy positive' refers to some organization's strategy. 'Relevant knowledge and expertise' refers to knowledge and expertise being available.

The evidence in the OS research map is translated in to the indicator summary. Each indicator with evidence is drawn with 1 to 3 colored bars. Bars to the right mean evidence for the proposition was found, bars to left mean evidence against the proposition was found. No bars mean that no evidence was found in the shallow dive. The number of bars indicates the amount of evidence that was found and the density of the bars indicates how strong (or weak) the evidence is believed to be. Interpretation of the evidence is left up to the individual evaluating the OS. For example, if ''A lot of technology development' has two bars to the left, indicating that there is evidence against the existence of new technology development in the space, then you might think this is good (e.g., room for fresh perspective from a different type of expertise).

Evidence Indicators - The Process of Innovation

Need Indicators

What specific needs and desires are driving the opportunity?
  • Strong unmet needs - There exist specific problems or issues that people want addressed - the rational driver
  • Positive future experience - There are latent or expressed desires for future experiences that are not need driven - the emotional drivers
  • Resource intensive workarounds - The way people do things now (i.e. workarounds), if any, take a lot of time, cost, and / or effort
  • Few or insufficient alternatives - There are few alternatives that exist and those that do don't address the entire opportunity
  • Attracting attention - There is a lot of public, visible discussion and focus on the opportunity

Momentum Indicators

What systemic forces influence the opportunity and how quickly?
  • Future potential - The opportunity focuses on an expanding and /or growing future need or desire
  • Upside headroom - The opportunity has the potential for expansion once the initial need or desire is addressed
  • Activity & energy - There are a lot of people doing things (discussing, developing, organizing etc.) related to the opportunity
  • A lot of technology development - Technology related to the opportunity is being developed and released
  • Developing communities of interest - Communities of interest are emerging which this opportunity addresses

Maturity Indicators

How early is the opportunity?
  • New discoveries - New science is being created (the R in R&D) related to the opportunity
  • New business formation - New businesses are emerging that address this or similar opportunities
  • Leading media interest - The opportunity has attracted attention by the future oriented, savvy press (and 'blogosphere')
  • Potential to scale - The opportunity has widespread and ubiquitous potential
  • Multigenerational potential - The opportunity has the potential to be long-lasting and address the needs and desires of multiple generations

Access Indicators

How easily can opportunity be tapped?
  • Relevant knowledge and expertise - Appropriate knowledge and expertise to address the opportunity exists in the world (not necessarily within the company)
  • Barriers & alternatives - Alternatives and/or barriers to addressing the opportunity exist
  • Addressable market - The future adressable market looks to be large
  • Research done, science exists - The science is estabolished, no new discoveries or inventions are needed - it's 'just' engineering
  • Realistic for an organization - The opportuity be addressed entirely within an organization itself and does not require a large 'ecosystem'

Economic Indicators

Are there clear economic incentives?
  • Emerging market - The opportunity addresses an emerging market, one that may not be large now but shows signs of becoming big
  • Plays into growth trends - Expressed growth trends support the future of the opportunity
  • Early point on growth curve - The growth (point on the S curve) driving the opportunity is early
  • A clear economic 'equation' exists - There exists a clear positive economic result if the opportunity is addressed
  • Small capital investment - The amount of capital required to address the opportunity is relatively small

Strategic Indicators

What's on whose radar and why?
  • Outside expressed interest - Existing organizations have indicated that they are looking at or addressing the opportunity
  • Expressed knowledge of need - Existing organizations or individuals have publicly stated their knowledge of the addressed need or desire
  • New business model potential - The opportunity presents a rich area for the creation of new business models
  • New platform potential - The opportunity has the potential for platform solutions that can result in multiple products and/or services
  • Strategy positive - The opportunity has the potential to create new strategic alternatives and options (not necessarily for the company)



laschmitt
laschmitt
Latest page update: made by laschmitt , Dec 24 2007, 9:40 AM EST (about this update About This Update laschmitt Edited by laschmitt

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