Co creation inverting the innovation process

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Co-creation: inverting the research and innovation process Face, July 2012, MRMW, Philip McNaughton

description

Co-Creation allows companies to take the innovation process and turn it on its head. This methodology allows brands to take advantage of the growth of participatory culture and consumer influencers to navigate new market landscapes.

Transcript of Co creation inverting the innovation process

Page 1: Co creation inverting the innovation process

Co-creation: inverting the research and innovation processFace, July 2012, MRMW, Philip McNaughton

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What we’re fighting against

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Pace of Change

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Participatory Culture

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End of Monolithic Brands

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End of Ivory Tower Mentality

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Socialization of Brands

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Active role for consumers as influencers

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Co-Creation Workshops commoditized

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Listening to all

Engaging with many

Developing with 1%ers

Validation

The crowd

Your crowd

A more ambitious model

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Going back upstream

Going on a journey

Complex Real World Endings

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Insight through the process Inspiration from anywhere

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Multi-Discipline & Synthesis of Data Sources

Researchers, planners, data scientists, creative technologists, community specialists, facilitators

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Individual & Group Thinking

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Linking data sources - passive and active - to

find the story

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Stop thinking only about product development

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Equity, Communication, Service, Content,

Activation

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Navigating new landscapes

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Evolving Equity in

new emotional

spaces

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Better ContentBetter

Experiences

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New Audiences New Need-

States

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Innovating with new partners in new

contexts

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Co-Creation: why it

matters #1

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Co-Creation: why it matters #2