Transformation v. Reinvention

Both Business Transformation & Reinvention are Complex Problems

Comparison Between Business Transformation & Business Reinvention

Aspect Business Transformation Business Reinvention
Purpose Improve and enhance the existing business model and processes Redefine the business, often to explore new markets or opportunities
Scope Operational changes such as digitization, automation, and restructuring Comprehensive overhaul of the business model, identity, and value
Focus Efficiency, cost reduction, and competitiveness Innovation, differentiation, and creating new value sources
Drivers Need to optimize or improve existing structures Need to survive, disrupt, or adapt to a radically changing landscape
Degree of Change Significant changes within existing frameworks Fundamental shift, often involving a new business model or identity
Outcome Enhances the business's current trajectory Establishes a new trajectory or redefines the business entirely
Examples Implementing ERP systems, shifting to customer-centric models Shifting from products to services, adopting digital subscription models
Background

Please check of your problem is Simple, Complicated or Complex

IdeaGens is focussed on Complex Problems

Simple Problem

Simple problems can be easily defined, understood, and solved.

They typically have a clear cause and effect relationship and can be resolved with straightforward, well-established methods or techniques.

Problem: Car does not start
Analysis: Battery discharged, out of fuel, etc.

Complex Problem

Complex problems are those that have multiple interconnected elements or factors, making them difficult to understand, analyze, or solve.

They often involve high levels of uncertainty, ambiguity, and unpredictability, and can have far-reaching consequences that affect multiple domains

IdeaGens.Com specializes in complex problems, requiring creativity and collaboration.

Problem: Introducing a new car brand/model
Analysis: PESTLE, Five Forces, SWOT, etc.

Complicated Problem

Complicated problems are technical. They have a straight-line, step-by-step solution and tend to be predictable.

Techniques like Six Sigma and process/product improvements are helpful.

Problem: Manufacturing of new car model
Analysis: Manufacturing methods, Quality Control, etc.

Quiz: Problem Complexity Assessment

Overview

High-Level

IdeaGens is a platform that includes multiple – applications, processes, and technologies.
Applications include assumption analysis, cause & effect analysis,  idea generation, and others.
Processes include a 3-Phase/6-Step problem-solving process and others.
Technologies include AI input, manual input, instant visualization, and others.

IdeaGen’s problem-solving process can also be broken into four individual parts – INPUT, ANALYSIS, SYNTHESIS, and OUTCOMES, as visualized below:

Overview

Examples of Potential Business Problems Solved Using IdeaGens

Overview

IdeaGens Features