Triple Chasm
Tools
Based on extensive research we have built a range of tools to help the different players in the intervention ecosystem to achieve their business objectives.
Navigator
What is it?
The Navigator tool offers a quick introduction to our commercialisation approach for science and technology enabled innovation; It's the first step in applying the systematic and powerful Triple Chasm Model to your businesses.
If you are an entrepreneur, senior executive, or an advisor to a business commercialising a novel science or technology based idea, this is the ideal tool to give you an initial snapshot of your existing situation relative to the 12 key considerations (or Vectors); providing a starting point to deciding where your efforts should be focused next.
How do I use it?
Complete the Company Profile, respond to the Questionnaire, then review your results on the Dashboard to gain insights into where your effort should be focused next.
Using these insights, complete the Commercialisation Canvas (Register for your free download) to construct an execution plan that describes the activities you need to perform in order to take your venture to the next stage; be it winning customers, finding partners, expanding your team or fund raising.
Alternatively get in contact with us to discuss further options, such as attending one of the sector specific programmes that we deliver for all stages of the commercialisation journey.
What do I do next?
Register and login to your account.
Download a free copy of the Navigator and complete the Profile and Questionnaire sections, reflecting on and responding to the questions in relation to your venture. If you have a team, getting them to join you in this process can help establish an aligned view of where the business is and what actions need to be taken to move it forward.
Commercialisation Canvas
What is it?
The Commercialisation Canvas is a powerful tool to help assess the relative progress of a business on its commercialisation journey and to identify the necessary actions required to increase your chances of success.
It uses the systematic Triple Chasm Model framework to thoroughly assess the internal and external vectors affecting progress, and the interventions required to cross the next chasm.
If you are an entrepreneur, senior executive or a advisor of a business commercialising a novel science or technology based idea, this canvas is the ideal tool to help you ascertain those areas of your business that require further development.
How do I use it?
Use the Commercialisation Canvas to assess your business with the broader context provided by the 12 vectors. Generate meaningful insights for setting commercialisation priorities and translate them into specific activities as part of your execution plan.
Typically, companies that use this canvas have:
-
Reappraised their progress along the commercialisation journey in a more nuanced manner
-
Reassessed their challenges ahead and revised the priorities for tackling them
-
Made corrections to their strategy by taking into account the revised priorities and corresponding resource requirements
What do I do next?
Register and login to your account.
Download a free copy of the Canvas and print off, preferably on A3. Reflect on and respond to the questions listed next to each commercialisation vector with your team, if you have one. From the responses that can be provided (and those that cannot be), identify those vectors that have the most gaps need further work.
Prepare an action plan to address the gaps and further refine your commercialisation strategy.
If you need further support, sign up to our online course, or contact us to find out more about the sector specific programmes that we deliver for all stages of the commercialisation journey.
Product Portfolio Mapper
What is it?
The Product Portfolio Mapper is a tool for multi-product / services companies to assess, profile, and compare the contribution of different products / services to their overall performance; allowing company leaders and advisors to assess their product development strategies and make strategic and tactical changes to their product management focus.
How do I use it?
The Product Portfolio Mapper allows you to:
-
Define your company’s ideological stance, allowing the definition of different priorities ranging from ‘traditional’ commercial criteria to a bias in favour of specific sustainability considerations.
-
Assess each of your products based on 60 attributes grouped into the 12 vectors and 3 components of the Commercialisation Potential.
-
Provide clear data driven reports on the status and development of your portfolio.
-
Run scenarios with different product ranges, clearly distinguishing between existing and potential new products.
-
Assess and evolve your product development strategy.
What do I do next?
Contact us to find out more about the Product Portfolio Mapper and how we could help you manage your portfolio more effectively.
Company Portfolio Mapper
What is it?
The Company Portfolio Mapper is a powerful data-driven tool for the structured assessment of dynamic portfolios; allowing investors, intervention agencies, and corporate M&A teams to select and actively manage the shape and balance of their portfolios.
How do I use it?
The Company Portfolio Mapper allows you to:
-
Define your ideological stance, allowing the definition of different priorities ranging from ‘traditional’ investment criteria to a bias in favour of specific sustainability considerations.
-
Assess each of your investments based on 60 attributes grouped into the 12 vectors and 3 components of the Commercialisation Potential.
-
Provide clear data driven reports on the status and development of your portfolio.
-
Run scenarios with different investments, clearly distinguishing between existing and potential new investments.
-
Assess and evolve your investment strategy.
What do I do next?
Contact us to find out more about the Company Portfolio Mapper and how we could help you manage your portfolio more effectively.
Workbench
What is it?
The Workbench provides company leadership teams and their advisors with a powerful tool to actively shape the commercialisation journey of their products / services, creating a powerful bridge between the vision and the reality of delivery.
How do I use it?
The Workbench allows you to:
-
Define your company’s ideological stance, allowing the definition of different priorities ranging from ‘traditional’ commercial criteria to a bias in favour of specific sustainability considerations.
-
Create your product / service Diagnostic (existing situation), Strategic Target and Gap Analysis for the 12 meso-economic vectors using 24 different tools.
-
Develop your product / service Execution Plan that addresses the identified Gap Analysis.
-
Provide clear data driven reports on your commercialisation strategy to all stakeholders.
What do I do next?
Contact us to find out about our programmes, each of which explores the research behind the Workbench and how to apply it to your product / service; whatever stage you are on the commercialisation journey.
