Congrats! You explore the New in a systematic manner!
What is the N-Opportunity Type?
Congratulations. Your quiz entries pair with the N-Opportunity. It helps you create a service for your existing product and derive a second product with a matching service.
You might resonate with being a newly appointed service manager, expanding your engineering role into after sales, enhancing your profitability through digital service with ease, or seeking to intensify the customer relationship.
When your customers experience your N-enhanced Opportunities, they immediately make the connect with your existing product and sense the creativity you put into to extend and expand it. The N-Opportunity framework is a great trigger. You will grow your customer lifetime value (CLV), as the opportunities you build are linked to each other. Hence, they allow you to grow from the existing product / offering range that you are comfortable with.
As a systems driven New Shaper, you create more depth and reach out to your customers through 2 new intertwined digital product-service-bundles that set you apart from others. You pursue the innovative process by reusing what has been driving your business so far. Your competences grow in the field of resilience enhanced product and service development and a streamlined, systematic go-to-market. Throughout the training, obstacles and risks help you strengthen your offering and be more responsive to clients that might consider changing over to the competition.
However, on your moves from the first product to the interlinked services, be aware of not becoming too technically focused and less customer centric while designing the opportunites. N-Opportunity designers could follow the teaming exercises that activate the cognitive capacity and out-of-the-box thinking. It is recommended to create an open environment with dedicated N-Opportunity sessions on a regular basis so that teams and engineers will experience a way to handle setbacks. Avoid isolated design and innovations rounds. Telling stories is an uncomfortable hurdle for engineering minded personnel and the open-up phase will ease this difficulty and improve visibility. The exercises you will find in the BIGONE workbook will help you here. This will channel the qualities in your team and help funnel setbacks, obstacles and risks, too.
N-Opportunity Type Examples
Creating a N-shaped offering is driven by your appetite for the NEW in a systematic manner. By leveraging a single product and expanding it into a digital NEW, you traverse obstacles, obstructions, and opportunities. That second offering derives from your resilience practices; this one is independent from the first offering.
Nvidia is a prime example of the N-shaped opportunity, keeping up with the market expansion for gaming, namely eSports, and smart mobility, namely autonomous and automated driving vehicles and goods. Nvidia’s key effort is to further expand its brand and get closer to communities to serve them first-hand with its own brand. In the beginning however, Nvidia started in 1993 with its vision to equip computers with a dedicated graphical processing unit (GPU) for the emerging gaming business and gaming enthusiasts. Competition crowded the markets. Nvidia outperformed the market by combining its graphic units with convincing innovative features such as more 3D graphics.
The key differentiator though was its decision to give programmers access to the GPU code directly. While others locked in the buyers and consumers, Nvidia invited the community in - from buyers to consumers, from co-developers to collaborators. Along the trajectory of expansion, Nvidia systematically moved into the heart of the gaming business - the digital movements in a nutshell - and turned its findings into other sectors. Nvidia utilized those and presented the physical-digital combos for visually enhanced physical movements, hence autonomous vehicles.
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Introducing Business Opportunity Design
Shape Your Future by Making the Right Offerings Today
- Differentiate yourself from the competition with a CONCISE and DISTINCTIVE product and service offerings.
- Easily and enjoyably discover the possibilities of business design.
- Quickly turn YOUR market advantage into a business venture.
- FORTIFY your skills and CONQUER any challenges that come your way.
- Identify the most pertinent market factors for your business model within a reasonable amount of time and with EFFICIENCY.
- Build an enthusiastic following of people WHO CAN'T WAIT to collaborate with you.
Build a crystal clear and concise offering
that attracts your ideal customers
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Key 1: Unlock Your Market Potential with a Single Change
Key 2: Create Lasting Impact with Less Effort
Key 3: Win Over High-Value Clients with an Unforgettable Experience
Hi there!
Greetings! I'm Barbara Fluegge, the founder of DoktorB.
We specialize in helping people capitalize on their unique market potential to develop a successful and prosperous business.
In recent years, I've seen many more failures than successes. With the right approach and strategy, it is possible to overcome obstacles and stay ahead of the competition, even with a limited budget.
To this end, I have crafted a training program - the ABC Business Opportunity Design courses - that draws on my years of experience and thousands of project days with corporates and large enterprises around the globe.
The training leverages the same power that billion-dollar business with big budgets have used for decades. This course is built on the science of cognitive fluency and business model innovation. It provides the necessary tools to help you create new offerings quickly, and ultimately reach your goals.
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