Insight Foresight Institute

Transforming Innovation Ecosystems

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Scaling up in the ecosystem

The creation of startups in the Spanish market grows significantly. However, there are very few cases of scallops and high growth firms (HGF). Many things must work correctly for a company to succeed. The systematic management of existing business is not enough, entrepreneurs and entrepreneurs need to drive innovations within the company ecosystem.

Insight Foresight Institute is facing this challenge by offering executive and in-house training programs. These programs are usually developed in ‘partnership’ with our collaborators and clients, such as:

  • Foundations
  • Business schools and universities
  • Business
  • Public administrations.

Our approach is to support entrepreneurs to develop their business and make the most of the ecosystem in its different dimensions: Culture, Talent, Knowledge, Financing, Governance and Markets.

Recipients

  • Entrepreneurs and those who are considering entrepreneurship.
  • Executives and managers interested in intrapreneurship.
  • All those with an interest in entrepreneurship and innovation.

Concept

  • Presentations and debate.
  • The students develop a group work during the course.
  • Classes are complemented with online work.

As a general rule, we recommend 12 sessions in three blocks. Even so, we are flexible to co-design the program to best match with each specific circumstances.

Content

  1. Innovative entrepreneurship ecosystem.

goals

  • the role of innovation and entrepreneurship in society.
  • the current situation of innovative entrepreneurship in Spain and Europe.
  • the technological-social change and scenarios.

Sessions

  • Introduction to the Spanish ecosystem and its international dimension.
  • Cross-sectional image of the Spanish ecosystem.
  • European policies for entrepreneurship.
  • Technological-social change and scenarios in the Spanish ecosystem, group work.

2. Strategies for innovative entrepreneurship.

goals

  • Knowledge of key concepts of innovation and entrepreneurship.
  • Scalable business models.
  • Tools and methodologies for the innovative strategy.
  • Business plan.

Sessions

  • Key concepts and scalable business models.
  • Strategies and road maps and in the ecosystem, group work.
  • Lean start up, design thinking, business models.
  • Business model canvas, group work.

3. Tools and capabilities for high growth start-ups.

goals

  • Definition and management of equipment and its capabilities.
  • Financial and operational management, networks and value chains.
  • Creation and management of the high growth of companies.
  • Share learning experiences

Sessions

  • Definition and management of equipment and its capabilities.
  • Financial and operational management, networks and value chains.
  • Creation and management of high growth of companies, group work.
  • Review of the course and the presentations of the results of group work.

For more information: info@if-institute.org

Also know about other IFI courses.

 

Platform Strategy: Keys for Exponential Growth

Platforms play a fundamental role in digital ecosystems; they are the “medium” in which these ecosystems are developed through the interactions between users, developers and other stakeholders. The irruption of platforms and their associated digital ecosystems generates profound changes in the economy.

Insight Foresight Institute faces this challenge by offering a training program. We usually develop these executive and in-house programs in ‘partnership’ with our collaborators and clients, such as:

  • Foundations
  • Business schools and universities
  • Business
  • Public administrations.

Our approach is to support entrepreneurs and intrapreneurs to design and develop their scalable platform business strategy within the larger ecosystem. The manager of incumbent business learn to anticipate the impacts of new platform entrants and react to the emerging challenges.

Attendants

  • Entrepreneurs with ambition to develop high growth companies.
  • Managers interested in transforming their business.
  • All those with an interest in digital platforms and the platform-based economy.

Concept

  • Presentations and debate.
  • The students develop a group work during the course.
  • Classes are complemented by online work.

As a general rule we recommend 6 modules each of 4-8 hours. Each module consists of two sessions:

  • 1 session of papers and debate.
  • 1 session of practical application workshop.

It is advisable to leave several days between the modules that allow:

  • Learning through reading and exercises.
  • Involvement of colleagues and organization.

We are also flexible to co-design the program to specific circumstances.

Contents

  1. The ‘boom’ of platforms

We will immerse in the world of digital platforms and their role in the digital transformation and the fourth industrial revolution; and we will learn how platforms create entirely new markets and transform existing ones. We will learn about different perspectives and platform models and learn to recognize their key characteristics.

  1. The platforms ‘unboxed’

Learn how the understanding on the management of the platforms has evolved. The management literature has evolved from the mechanical optimization of platform infrastructures to the coordination of ecosystems of digital platforms that involve actors with different roles and ambitions. As a result, the unit of analysis for organizing a business has changed from a company to a business ecosystem.

  1. Scenarios of the platform-based economy

We will explore different scenarios of the evolution of the economy based on the platforms and the consequences of the platforms both in the economy and its implications in different sectors that force managers in both companies and public administrations to redesign their strategies and operations. We will raise awareness about the advances in different regions (US, Asia, Europe …).

  1. Strategies and business models of platforms

We will learn the essence of planning and strategic design of digital platforms. We will explore different radical and disruptive business models and discuss current cases to identify their strategies and value creation. We will know different tools to facilitate the strategic design of platforms.

  1. Platform architecture

We will immerse ourselves in the technical challenges of how to build a platform that is attractive to engage and that creates value for the entire ecosystem of users.

We learn how to provide the tools and services that facilitate all the users and to design the scaling up of business. We will explore different technologies, for instance blockchain, how to monetize and create trust.

  1. Roadmaps for platforms

The success of platforms depends largely on their ability to generate network effects and achieve increasing returns. We study strategies how to achieve these effects and how to overcome the problem of ‘chicken and egg’. We learn how to plan the development of the platform and its ecosystem to achieve the desired vision. We will also explore the relationships between the platforms and their ‘stakeholders’, including relations with public administrations.

To know more contact: info@if-institute.org

Find out about our other courses.

Transformative governance of personal health ecosystems

Invited speech of Dr. Totti Könnölä, CEO inf Insight Foresight Institute in the scientific conference ‘Bioengineering for Healthy Ageing. Adding Life to Years’ November 9th 2017, CosmoCaixa Barcelona.

Future personal health ecosystems encompass various areas of application such as chronic disease management, life-style management, independent living and emergency services. Such future systems assist in the provision of continuous, quality controlled and personalised health services to empowered individuals regardless of location and provide a horizontal development area across variety of patients, clinical specialties, technology fields and health services. Hence, the development of such ecosystems requires transformative governance that enable coordination and federation of diverse stakeholders.

Is it possible to achieve smart specialization?

Juan Mulet Melia, a member of the Innovation Council of IFI, and Totti Könnölä, CEO of the Insight Foresight Institute (IFI), write in Cinco Días, one of the leading economic journals in Spain, to promote smart specialization in the regions.

The aim of any policy to promote innovation is to make more innovative companies, and those that already are, to address innovations that generate greater added value. An innovative company sees innovation as one of its operations in pure business logic. However, companies that are not innovative consider that it does not compensate them to assume the inherent risk of any innovation. For this reason, innovation policies will only be effective when they are able to reduce the technological, commercial, organizational or financial risk acceptable.
Two are the ways in which policies to promote innovation are usually pursued. One, of general application, is financial aid, which must be sufficient to make the risk acceptable to a company that feels averse to innovation. The safest way to waste public money is to design financial policies for innovation with scarce resources.
The second path is to facilitate access to the technologies needed to develop innovations. If there are already sources of adequate technology, this path will be less expensive, but only reduce the technological risk, leaving intact commercial, organizational and financial…

Link to full article

Image: Gitty Images / Cinco Dias

Insight Foresight Institute (IF-Institute)

C/ Isabel Colbrand 6, Quinta Planta.
28050 Madrid, Spain
info@if-institute.org
tel. +34 600842168