VadiK teachings Vadim Kotelnikov

80/20 Principle and Innovation

How to make innovation easier and better

Vadim Kotelnikov, founder of 1000ventures - personal logo VadiK

Inventor Business e-Coach

Author Innoball

Founder Innompic Games icon

 

Vadim Kotelnikov (VadiK) business guru, teaching by example

The most important is to find the most important difference that makes the difference

 

"Too many people and companies are dying of thirst on the bank of a stream. Most innovation leaders want to be productive, many companies want to innovate and transition from organic growth to exponential one, every manager knows the 80/20 rule, yet too few use it." ~ Vadim Kotelnikov

 

 

 

80% of resources are producing only 20% of value.

This ratio helps entrepreneurs, heads of growth, innovators, and innovation leaders evaluate growth 10+ ideas and promising opportunities quickly.

 

 

 

Innovation is absolutely critical to your both present and future competitive advantage. Creative use of the 80/20 Principle can make innovation both easier and more effective.

Consider the following ideas:

 

Innovation

Routes of Innovation

Systemic Innovation

Jazz of Innovation

 

 

 

80% of value perceived by customers relates to 20% of new radical ideas and your innovation portfolio;

80% of the benefit from any innovative technology, new product or service can be provided at 20% of the cost;

80% of the profits made in your targeted market are made by 20% of firms, so obtain market insight and benefit from your competitors.

 

 

 

Prepare To Win

Play InnoBall entrepreneurial simulation game with 80/20 ideas to prepare to win and achieve greater results.

Innovation Brainball (Innoball) is a breakthrough simulation game that helps innovators achieve great success in the real world. Team leaders use the 80/20 Principle for quick evaluation of the ideas generated by the team members in the process of the game.

 

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