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Five forces analysis A strategic management framework to understand the micro-economic environment suppliers substitutes new entrant bargaining power of buyers bargaining power of suppliers threat of new entrants threat of substitutes buyers industry competitors intensity of rivalry

A strategic management framework to understand the micro

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Page 1: A strategic management framework to understand the micro

Five forces analysis

A strategic management framework

to understand the micro-economic

environment

suppliers

substitutes

new entrant

bargainingpower of

buyers

bargainingpower of suppliers

threat ofnew entrants

threat ofsubstitutes

buyers

industry competitors

intensityof

rivalry

Page 2: A strategic management framework to understand the micro

10-100

Hackathons

A grassroots event-based method in

which (external) programmers, designers

and others collaborate on developing

technological solutions

Page 3: A strategic management framework to understand the micro

5 - 10k

Toolkits

for user innovation

A set of tools that enable end-users to

innovate by and amongst themselves

Motor outputs

Externalmotor

Touch sensor

Light sensor

Page 4: A strategic management framework to understand the micro

A strategic framework to understand

the macro-environmental factors in your

environment

PESTEL analysis

Legal/regulatoryconditions

Politicalfactors

Economicconditions

Socio-culturalforces

Techno-logicalfactors

Environ-mentalfactors

PESTEL

Page 5: A strategic management framework to understand the micro

A process of gathering and analyzing

information to get an overview of trends

and evolutions that (might) impact your

business or (might) create new opportunities

Environmental scanning

OTT

tablet

streaming

consequences for us

Page 6: A strategic management framework to understand the micro

A process that enables you to envision

a diversity of futures for your market by

distinguishing likely vs less likely transition

scenarios and identifying the most important

determinants towards those futures

Scenario analysis

Page 7: A strategic management framework to understand the micro

1-3

An interview method suited to

encourage thematic experts to share

knowledge in an informal, relaxed setting

Expert interview

Page 8: A strategic management framework to understand the micro

8-10

A creativity technique to quickly

generate a large amount of ‘wild’ ideas

Creative brainstorm

Page 9: A strategic management framework to understand the micro

100-1k

A process of outsourcing (creativity)

tasks to a large and undefined group

of people

Crowdsourcing

?

Page 10: A strategic management framework to understand the micro

6-12

A qualitative research method based

on group discussions

Focus groups

Page 11: A strategic management framework to understand the micro

1-30

A method to involve end-users with

specific innovation-related characteristics

during the new product development

(NPD) process

Lead user research

Page 12: A strategic management framework to understand the micro

2-20

An anonymous group process survey

technique used to collect the opinions

of experts on a particular subject

Delphi method

individualexpert

interviews

results

resultsreach best consensus

1

2 3

? ? ?

Page 13: A strategic management framework to understand the micro

3-6

An ideation technique based

on free associations

http://www.servicedesigntoolkit.org/downloads.html

© Namahn

Lotus blossom

Page 14: A strategic management framework to understand the micro

2-2+

A set of game based co-creation tools

to support the creative process

Gamestorming

Page 15: A strategic management framework to understand the micro

8-15

A structured method for ideation

that leverages on existing trends

GPS-brainstormkit

trend 2

trend 3

trend 4

trend 5

trend 1

free domainin this domain participants

can place ideas other than the trends already on the table © Flanders DC

Page 16: A strategic management framework to understand the micro

4-20

A technique to prioritize ideas

after a creative brainstorm

COCD-box

how?

wow!nowfeasi

ble

id

eas

no

n-f

easi

ble

id

eas

common ideas original ideas

Page 17: A strategic management framework to understand the micro

6-12

A very simple but powerful focus group

technique for grouping and understanding

(large amounts of) information

Affinity diagramming

Page 18: A strategic management framework to understand the micro

6-12

A focus group method to gain

knowledge on end-users’ patterns,

behaviors and habits

Habit analysis

Page 19: A strategic management framework to understand the micro

6-12

A focus group method to help prioritize

the order of items (e.g. functionalities)

Bull’s-eye diagramming

Page 20: A strategic management framework to understand the micro

6-12

A focus group method to identify problems

and both existing and non-existing solutions,

within a certain context

Problem-solution matrix

Page 21: A strategic management framework to understand the micro

6-12

A focus group method to identify and

discuss potential pitfalls of the innovation

Pitfall-escape line

pitfall escape

Page 22: A strategic management framework to understand the micro

1-12

A framework to analyze the strengths,

weaknesses, opportunities and threats

of an idea, concept, product, service or

organization

SWOT analysis

!

Inte

rnal

+

Strengths Weaknesses

Opportunities Threats

-

Exte

rnal

Page 23: A strategic management framework to understand the micro

2-5

A creative method to communicate how

users use a product

Storytelling

Page 24: A strategic management framework to understand the micro

0-500+

A discipline that focuses on

structuring and disclosing

information in a user-centric way

Information architecture

Page 25: A strategic management framework to understand the micro

0-10

A visualization of the main concepts a

user needs to understand in order to use

a product or service

Mental model

Real thing

Individual mental model(by user)

Target mental model(by designer)

(by engineer)

The designer creates a target mental model that is intuitive and helpful

individual background knowledge

Users inevitably, abundantly and diversly interpret what they perceive and each user forms an individual mental model

© Namahn

Page 26: A strategic management framework to understand the micro

A set of methods used to generate know-

ledge through design-specific cognitive

activities. It is often used as a co-creation

method, to support user-centric design

Design thinking

Page 27: A strategic management framework to understand the micro

0-20

A tool to describe the route you need

to take to develop and launch a new

product or service

Product roadmap

tnow release 1

Fe

atu

res

release 2 release 3

Page 28: A strategic management framework to understand the micro

0-10k

A set of research methods to study and

optimize the usability of an innovation

Usability research

Page 29: A strategic management framework to understand the micro

8-50

A combination of interpretative and

ethnographic methods used to detect

the functional and contextual

requirements of a new technology

Proxy technology assessment

prototype simulation

Page 30: A strategic management framework to understand the micro

8-12

In the Wizard of Oz the researcher

(Wizard) tests an iterative design

(or product) by simulating the behavior

of the intelligent application in a lab

environment

Wizard of Oz

Page 31: A strategic management framework to understand the micro

2-5

Scenarios of use

© Namahn

Stories written in a natural language to

describe how a persona uses a certain

product or service

Page 32: A strategic management framework to understand the micro

2-6

A technique used to walk through the

story of how a persona uses a new

product or service

Lego serious play

© Namahn

Page 33: A strategic management framework to understand the micro

1-5

A sequence of images to visualize how

a persona uses a product or service

Storyboard

© Namahn

Page 34: A strategic management framework to understand the micro

250-10k

A quantitative method to discover

what content is popular on a website

Top task analysis

top tasks

tasks

long neck

vo

tes

Page 35: A strategic management framework to understand the micro

2-10

A technique to study people’s subjectivity

by sorting a series of cards, each labeled

with a piece of content, into groups that

make sense to users

Card sorting

© Namahn

Page 36: A strategic management framework to understand the micro

1-12

A design thinking tool to define the core

components of a (complex) concept

Concept posters

Page 37: A strategic management framework to understand the micro

6-12

A co-creation method used to break

down the creation process and focus on

a product’s or service’s functionalities

Feature design &

credit creation

Page 38: A strategic management framework to understand the micro

1-12

A design method to (co-)create

the outline of the innovation on paper

Low-fidelity prototype:

paper prototyping

Page 39: A strategic management framework to understand the micro

1-12

A prototyping method to define the

information hierarchy of a visual interface,

while stripping out aesthetic elements

Wireframes

Page 40: A strategic management framework to understand the micro

1-4

A usability evaluation method based

on expert reviewers and a list of design

guidelines (heuristics)

Heuristic evaluation

Page 41: A strategic management framework to understand the micro

5-12

A test method used to gather insights

into the experiences, ideas and reasonings

people have when executing a task

or solving a problem

Thinking aloud protocol

?

Page 42: A strategic management framework to understand the micro

5-12

A task-based usability test method used

to gain insights into the reasonings

people have when executing a task

or solving a problem

Cognitive walkthroughs

?

Page 43: A strategic management framework to understand the micro

Performance

measurement

5-12

A task-based usability test method to

obtain quantitative data about the test

users’ performance

?

Page 44: A strategic management framework to understand the micro

40-10k

A comparative usability test method

to determine the more efficient of two

interfaces

A/B-testing

A B

13%29%experiment winner

conversions

Page 45: A strategic management framework to understand the micro

A comparative usability test method to

determine the most efficient of multiple

variables in an interface

conversion6%

conversion12%

conversion3%

200-10k

Multivariate testing

Page 46: A strategic management framework to understand the micro

An entrepreneurial template for

documenting existing and developing

new business models

Business model canvas

costumer relationships

value proposition

keyactivitieskey

partners

keyresources

channels

revenuecosts

custumer

Page 47: A strategic management framework to understand the micro

A strategic management framework to

achieve competitive advantage in your

industry

Value chain analysis

Firm infrastructuresupportactivities

primaryactivities

gross sale

Human Resource Management

Technology Development

Procurement

Service

Operations

Marketing &

Sales

Outbound logistics

Inbound logistics

Page 48: A strategic management framework to understand the micro

100-300

A statistical technique used to determine

preferred product characteristics or

attributes

Conjoint analysis

product(car)

attribute A(layout)

level 1 : plain

level 2 : fancy

level 1 : cheap

level 2 : expensive

level 1 : low

level 2 : high

attribute B(horsepower)

attribute C(price)

Page 49: A strategic management framework to understand the micro

250-10k

A survey-based method to identify

customer segments based on a set

of parameters

Segmentation surveys

Page 50: A strategic management framework to understand the micro

250-10k

Scales of survey statements (Likert),

operationalizing attitudes, drivers and

thresholds, to assess one’s degree of

innovativeness

Innovation scales

Page 51: A strategic management framework to understand the micro

250-10k

A survey to assess the individual

intention to adopt an innovation, and

assess potential adopter categories

on an aggregate level

Intention survey

How likely are you to buy this product?

innovators

early adopters

early majority

late majority

laggards

1 2 3 4 5

Page 52: A strategic management framework to understand the micro

An entrepreneurial tool to design

products and services that your

customers value

Value proposition canvas

product& service

pain relievers

gain creatorsgains

product custumer

pains

customerjobs

Page 53: A strategic management framework to understand the micro

250-10k

A survey method for a weighted

estimation of individual user preferences

regarding adoption determinants or

product features

Expectancy value

resolution !!!

design!!!

graphiccard

!!battery!

Page 54: A strategic management framework to understand the micro

250-10k

A survey-based method to determine

an optimal pricing strategy

Willingness to pay

MDP

idealprice elasticity

ORS

MGP

IDP

Page 55: A strategic management framework to understand the micro

1-15

A visualization of how a user experiences

the product or service in time through

different touchpoints

Experience map

© Namahn

Page 56: A strategic management framework to understand the micro

2-12

A visual method to map interactions and

relationships between the innovation and

its stakeholders

Stakeholder mapping

Page 57: A strategic management framework to understand the micro

250-10k

An extended intention survey method

for more reliable prior-to-launch

forecasts of adoption potential and

adopter categories

PSAP (Product Specific

Adoption Potential) method

innovators

early adopters

early majority

late majority

laggards

PSAP 2 1 2 3 4 5

PSAP 3 1 2 3 4 5

1 2 3 4 5PSAP 1

Page 58: A strategic management framework to understand the micro

250-10k

A dedicated geographical area that is

chosen for a small-scale introduction

of a new product, service or marketing

approach as a test site for full market

entrance

market

test area

Test market

Page 59: A strategic management framework to understand the micro

10-40

A research approach to measure the

impact of a manipulation on a dependent

variable (causal relationships)

Experiment

Page 60: A strategic management framework to understand the micro

20-60

An approach that takes social relations

as its main focus in understanding

socio-cultural phenomena

Social network analysis

Page 61: A strategic management framework to understand the micro

5-50

A variety of methods used to capture

contextual insights and generate large

amounts of descriptive data from a

native point of view

(N)ethnography

Page 62: A strategic management framework to understand the micro

5-20

A diary method which captures the

participants’ in-situ behavior,

impressions, feelings and thoughts

Textual diary

Page 63: A strategic management framework to understand the micro

10-20

A face-to-face conversation between a

researcher and a participant, focused on

understanding the participant’s attitudes,

motivations or experiences

In-depth interview

Page 64: A strategic management framework to understand the micro

An adoption diffusion-based method to

make a forecast of the adoption speed

and adoption pattern of an innovation

2015 2025

Econometric diffusion modeling

Page 65: A strategic management framework to understand the micro

0-10k

A web analytical method to study online

behavior of different related groups

(cohorts)

100%

week 1

jan

febmar

week 2 week 3

(Online) cohort analysis & churn

Page 66: A strategic management framework to understand the micro

1-10k

An analytic technique to study the

content of communication - mostly text,

but also multimedia material (e.g. photos,

websites)

No sooner had the warm liquid mixed with the crumbs touched my palate than a shudder

ran through me and I stopped, intent upon the extraordinary thing that was happening to

me. An exquisite pleasure had invaded my senses, something isolated, detached, with no

suggestion of its origin. And at once the vicissitudes of life had become indifferent to me,

its disasters innocuous, its brevity illusory – this new sensation having had on me the effect

which love has of filling me with a precious essence; or rather this essence was not in me it

was me. ... Whence did it come? What did it mean? How could I seize and apprehend it? ...

And suddenly the memory revealed itself. The taste was that of the little piece of

madeleine which on Sunday mornings at Combray (because on those mornings I did not go

out before mass), when I went to say good morning to her in her bedroom, my aunt Léonie

used to give me, dipping it first in her own cup of tea or tisane. The sight of the little

madeleine had recalled nothing to my mind before I tasted it. And all from my cup of tea.

Content analysis

Page 67: A strategic management framework to understand the micro

A set of methods to study natively

digital objects and techniques (e.g. html,

databases, timestamps, log data) in order

to understand socio-cultural phenomena

010101001000010001010100110001001100010011110100000101101100011010010111000101110101 0111010101101110011101000010110000100000 0110111101100110011001100110100 01100011 01100001 011001 0010000011100110110010101100011 01110101 01 101 10001101 1000110010101 1 100101 1 10100 0010000001100001011100110010000001100101 0111011001100101011011100110010001101001 01110100 0010000001100101011100110111001101101001 011 10100011000010111010001110101011 10011 0010000001110001011101010110100100100000 0111010001100101001000000110111001101001 0110000101110011001000000110100101110000

Digital methods

Page 68: A strategic management framework to understand the micro

10-50

A digital diary method to study what

people do, feel, and think in their

everyday lives (in-situ)

Experience sampling

Page 69: A strategic management framework to understand the micro

20-40

An experimental research method to

investigate how ICT products and

services are experienced in a laboratory

environment

QoE experiment

Page 70: A strategic management framework to understand the micro

40-100

An experimental research method to

investigate people’s experiences with

ICT products and services in a real-life

environment

momentary

episode 1 episode 2 episode 3

QoE 1

episodicprior-to-usage

internalreference

multi-episodic QoE

post-usage

during usage

QoE 1episodicQoE 2

episodicQoE 3

momentaryQoE 2

momentaryQoE 3

QoE field study (in vivo)

Page 71: A strategic management framework to understand the micro

30+/condition

Measures used to investigate the

physiological bases of psychological

processes (e.g. experiences, feelings)

Psychophysiological

measures

Page 72: A strategic management framework to understand the micro

5-20

A package with objects to provoke

users in giving inspirational responses

to questions

Design probes

Page 73: A strategic management framework to understand the micro

5-20

A diary method which requires

participants to record their activities,

behaviors and feelings with a camera

Video diary

Page 74: A strategic management framework to understand the micro

1-4

A probing exercise that asks participants

to reflect, sort or group photos during an

interview

Photo elicitation

Page 75: A strategic management framework to understand the micro

20-35

A small sample quantitative technique

that involves a card sorting exercise

which clusters participants with same

card prioritizations

Q-sort

Page 76: A strategic management framework to understand the micro

1-10k

The use of algorithms and mathematical

models to understand or interpret

natural language (produced by people)

Natural language processing (NLP)

NLP

computer science

linguistics artificial intelligence

Page 77: A strategic management framework to understand the micro

An inductive process of information

discovery through the observation of

(often large) data sets

Data mining

Page 78: A strategic management framework to understand the micro

1-10k

Sets of rules and specifications that

describe how to interact with online

sources and services

Application programming

interfaces (APIs)

<div id=”fb-root” class=” fb<script>...<script><div id=”div-gpt-ad-142753<nav>...<nav><div id=”page”>...</div><script>...<script><script>...<script><script src=”http:/www.Imiget_social_data();</script>$(function()if (screen_width < 769){ mobile_video(); }});</script>

import flash.utils.ByteArray; function clone(source:Ob-ject):* { var myBA:ByteArray = new ByteArray(); myBA.writeObject(sour-ce); myBA.position = 0; return(myBA.readOb-ject()); }

Page 79: A strategic management framework to understand the micro

1-10k

A process to automatically collect

information from web pages

Web scraping

ingscrap

webs

Page 80: A strategic management framework to understand the micro

10-100

A purposeful data capturing method to

study objective data on human (media)

behavior

Logging

51°03'05.8"N 3°43'23.1"E15°

50%on

Page 81: A strategic management framework to understand the micro

10-1k

Living Lab

An organized user-centered innovation

approach, consisting of a real-life intervention

stage, aimed at iterative finetuning and

co-creation of the innovation in development

Page 82: A strategic management framework to understand the micro

1-8

A tool to test hypotheses, validate

assumptions and facilitate agile pivoting

Lean validation board

Page 83: A strategic management framework to understand the micro

Fictional archetypical characters that

represent your target customers

Persona

Artistic Business

Short term Long term

Commercial Subsidies

Rita Versluys

Orientation

Focus

Income

Owner of an art gallery in Brussels