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14 Cards in this Set

  • Front
  • Back
Sources of opportunity (4)
1. new product
2. new service
3. new way of producing existing product
4. New way of business
Source of opportunity (7)
1. The unexpected
2. incongruities
3. Innovation based on process need
4. Change in mkt structure
5. Demographics
6. Changes in perception
7. New knowledge
6.
Creative problems, adaptor vs. innovator
adaptor- process, disciplined, re defines current practice
Innovator- not for means but ends, unusual angles
Three focus areas of technology
1. Internet
2. Computing
3. Software
B2B two companies types
Fragmented industry
Consolidated industries
Fragmented industry
1. one to many ( dell)
2. Some to many ( Parts to pc makers)
3. Many to Many- Electronic distributors ( raw materials)
Consolidated industries
1. many to some ( auto parts)
2. many to one ( wal mart)
a good opportunity
something attractive, durable, timely and anchored in a product or service that creates value for its buyer.
Detailed analysis of opportunity (5)
1. Mkt
2. Profit potential
3. Durability of profit stream
4. Assessing resources
5. Regulatory compliance
Analysis mkt
who is your mkt
growth rate 20%
willing to move to your product
mkt share attainable
Analysis Profit potential
5 to 7 yr growth
tipping point when
Barries of entry
Gross margin 40 to 50
After tax 10 to 15
Break even 2 to 3 yr
Durability
Competitors
Product substitution
Change in tech
Customer preference
Buyers power
Rescues
People
Capital
suppliers
Regulatory
licenses
operatin procedures
product testing FDA
Insurance, bounding