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The ICINO Model Canvas of a Company

ICINO Model Canvas

Zhao Xiahui developed the ICINO Model Canvas to provide a comprehensive understanding of a CINO in the global innovation ecosystem. This model consists of 10 modules as follows:

The Case Study of ICINO Model Canvas

Here’s an example of how the ICINO Model Canvas can be applied in a company.

Title: Establishing a successful foundation for the growth of Fortune 500 companies. Designer: Zhao Xiahui Date: 3th July, 2022 Version: V1.0

  • 1.Who
    • The developers of innovation capabilities for organic growth in Fortune 500 companies.
    • Enterprise innovation ecosystem architect: connecting various business departments to break information silos and collaborate with external resources for innovation.
    • Corporate innovation culture changers:openness, transparency, honesty, collaboration, courage, tolerance for mistakes.
    • Enterprise Innovation Pioneer: Exploring the Undefined and Uncertain Future.
    • Researcher of enterprise innovation methods: research and demonstrate new business growth solutions and development paths, laying the foundation for success.
    • Enterprise Innovation Mentor: Discovering innovative talents, training innovation abilities, and guiding innovative practices.
    • Enterprise innovation investment and financing advisor: budgeting, investing in innovation projects.
  • 2.Benchmarks
    • ISO56002.
    • CEN/TS 16555.
    • International and domestic standards in the industry to which the enterprise belongs.
    • CINOs of Fortune 500 companies.
    • ICINO Model Canvas.
  • 3.Customers
    • CEO.
    • Executive management team of a company.
    • Innovation management team led by the CINO.
    • Members of innovation projects in various departments of the company.
    • Internal and external collaborative innovation entities.
  • 4.Key Responsibilities
    • Cultivating a culture of innovation within the enterprise: fostering the collective awareness, understanding, learning, and participation in collaborative innovation.
    • Enterprise Innovation Strategic Planning: Building a strategic development plan for organic growth innovation capabilities in enterprises.
    • Enterprise innovation management system construction: organizational structure, policies and systems, processes, tools.
    • Enterprise innovation management team building: from discovering innovative potential talents, gradient training team: innovation engineers, innovation managers, innovation directors, chief innovation officer.
    • Enterprise innovation capability system construction: planning to cultivate innovative skills for the future, enhancing innovation performance in various business positions.
    • Identifying new opportunities for the future: collecting, analyzing, and validating various ideas, exploring the most effective business opportunities.
    • Incubation of innovation outcomes: based on new opportunity schemes, research and develop new products/new services, and transform outcomes into commercial applications.
    • Innovation investment and financing: Investment in budget proposals for innovation projects within the enterprise, as well as the introduction of external venture capital funds.
    • Enterprise innovation ecosystem construction: building an enterprise innovation ecosystem to ensure organic growth of the enterprise.
  • 5.Requirements
    • Advanced professional degree in innovation, advanced professional degree in industry field.
    • Advanced innovation project management experience.
    • Cross-enterprise, investment institution, and consulting innovation project management experience.
    • Innovation project management experience across state-owned enterprises, foreign enterprises, joint ventures, and private enterprises.
    • Experience in cross-border, cross-cultural project management innovation.
    • Experience in innovation investments related to the industry.
    • Obtain certification in CINO training and assessment.
  • 6.Innovation Processes
    • Strategy innovation process: building corporate innovation strategy.
    • Policy innovation process: Establishment of new enterprise innovation management system norms.
    • Innovation management process: The management process of implementing corporate innovation strategies.
    • Organizational innovation process: New Chief Innovation Officer team organizational structure.
    • Innovation process for human resources: innovative introduction of leadership talent.
    • Brand innovation process: embedding corporate brand culture into innovation culture.
    • Technology innovation process: Introduction and innovation of new technologies for enterprise products/services.
    • Product innovation process: Enterprise new product/new service research and development.
    • Market innovation process: New customer development for enterprises, innovation in the supply chain of raw material markets, etc.
    • Process innovation process: Incremental innovation of various business processes in enterprises and the addition of new business processes.
    • Business model innovation process: Innovation of core values, key resources, technology, market, partners, and main business activities in the business model.
    • Investment innovation process: Innovation of investment and financing for enterprise.
  • 7.Innovation Resources
    • National/Regional Innovation Policy: Supporting innovation and early investment in industry for businesses, protecting intellectual property rights.
    • Enterprise innovation management system: ensuring sustainable development of innovation.
    • Innovation team led by Chief Innovation Officer.
    • Enterprise Innovation Special Fund.
    • Innovation laboratory base and equipment and system.
    • Innovation mentor, industry expert, investment consultant, policy advisor.
    • International Collaborative Innovation Network: Information, Talent, Projects, Market, Funds, Policies.
  • 8.Innovation OKRs
    • Goal: Build the innovation capability to ensure organic growth of enterprises.
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  • 9.Development
    • International Chief Innovation Officer.
    • Director of New Business Company.
    • Group company new business director.
    • International innovation degree continuing education.
    • ICINO LAB Consultant: Global Enterprise Innovation Consultant.
  • 10.Revenue Structure
    • Salary, performance, annual bonus, benefits.
    • New company equity.
    • Publication of enterprise innovation achievements, participation in competitions, and qualifications for honors.
    • Enterprise innovation management skills, experience, and achievements.
    • International and domestic professional resources for innovation (information, talent, projects, markets, funds, policies).
    • International and domestic industry forums and networking opportunities, as well as media interview opportunities.

The CINO of Fahrenheit212

We recommend an interview with the CINO of Fahrenheit212. Click the picture to access the video.

Video source: Youtube.

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