Re-inventing Service Delivery by Kamalini Ramdas, London Business School

26
Opportunity Generation – New Products & Services Kamalini Ramdas Deloitte Chair in Innovation & Entrepreneurship Professor of Management Science & Operations London Business School

Transcript of Re-inventing Service Delivery by Kamalini Ramdas, London Business School

Page 1: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

Opportunity Generation – New Products & Services

Kamalini Ramdas Deloitte Chair in Innovation & Entrepreneurship Professor of Management Science & Operations

London Business School

Page 2: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

“I used to draw like Raphael. It has taken me a lifetime to learn to draw like a child.”

- Pablo Picasso

Page 3: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Let’s first look at three more widely held beliefs about innovation and how they are being challenged

Page 4: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

1

Page 5: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

2

Page 6: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

3

Page 7: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Page 8: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Does higher quality or wider access imply higher cost in your current

service model?

Page 9: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Innovation in Services

Copyright Ramdas, Teisberg & Tucker 2012

ValueValue

One-on-One

One-on-Many

Many-on-One

Many-on-Many

Virtual

ValueValue

One-on-One

One-on-Many

Many-on-One

Many-on-Many

Virtual

Page 10: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

INTERACTION

NE

ED

FO

R

CO

MM

UN

ICA

TIO

N A

MO

NG

P

RO

VID

ER

S

VALUE TO CLIENTS OF SHARED EXPERIENCE OR INFORMATION

Many providers to one clients at a time

Many providers to many clients at once.

One provider to one client at a time.

One provider to many clients at once.

LOW HIGH

LOW

H

IGH

Copyright Ramdas, Teisberg & Tucker 2012, Harvard Business Review, December 2012

Page 11: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Page 12: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

BOUNDARY

CLI

EN

TS

’ US

E O

F P

RE

DIC

ATA

BLE

CLU

ST

ER

S

OF

CO

MP

LEM

EN

TAR

Y

SE

RV

ICE

S

DIFFICULTY ACCESSING OR USING SHARED COMPLEMENTARY SERVICES

Coordinate complementary services for clients.

Integrate complementary services.

Complementary services do not limit clients’ success in predictable patterns.

Help clients identify the best providers of complementary services.

LOW HIGH

LOW

H

IGH

Copyright Ramdas, Teisberg & Tucker 2012, Harvard Business Review, December 2012

Page 13: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Page 14: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Page 15: Re-inventing Service Delivery by Kamalini Ramdas, London Business School
Page 16: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Page 17: Re-inventing Service Delivery by Kamalini Ramdas, London Business School
Page 18: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Page 19: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Page 20: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Reuters Market Light Information Service

Page 21: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

You need to rethink the delivery of your service if:

• There’s too much paperwork • Everyone hates IT • Informal communication is purely social • Employees and customers use dark humor

Page 22: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Innovation in Services

Copyright Ramdas, Teisberg & Tucker 2012

ValueValue

One-on-One

One-on-Many

Many-on-One

Many-on-Many

Virtual

ValueValue

One-on-One

One-on-Many

Many-on-One

Many-on-Many

Virtual

Page 23: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Combining multiple dimensions can result in innovations that improve quality AND

reduce costs

Move from the tyranny of OR to the opportunity of AND

Page 24: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

Still need to go from free form brainstorming to a single service concept

Page 25: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

The journey to a final service concept

Page 26: Re-inventing Service Delivery by Kamalini Ramdas, London Business School

KAMALINI RAMDAS

“Design products for people you love, never for people you don’t know”

Herman Miller design philosophy