Innovation Strategy Project – Section 2

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This is a follow on to section 1 that Thomas helped with. We talked about artificial intelligence as a disruptor in the CardSpace and how AMEX can and should introduce AI integration to boost customer relations. Section 2 is a pitch for a new innovation/service. If we can continue on creating an “innovation” that involves AI into billing and customer relations that would be great. 2-3 full pages and then the attached Business Model Canvas. He did say to ensure we are including financials for seed funding requirements etc.

The second section is an investment pitch for an innovation that utilizes your selected “disruptor,” and a detailed request for funding. You should include:
Explanation of the innovation
Explanation of why it’s both important and disruptive
Explanation of the key resources needed for success
Completed Business Model Canvas
Estimate of seed funding required
Anticipated reactions by current industry participants
Your best guess on what will eventually disrupt your venture

This is strictly a power point for the venture pitch – slides and supporting notes/comments for each slide.

The second section is an investment pitch for an innovation that utilizes your selected “disruptor,” and a detailed request for funding. You should include:

Explanation of the innovation
Explanation of why it’s both important and disruptive
Explanation of the key resources needed for success
Completed Business Model Canvas
Estimate of seed funding required
Anticipated reactions by current industry participants
Your best guess on what will eventually disrupt your venture

Tells us about your industry segment, including competitors and recent examples of sustaining innovations firms have adopted
The Potential Disrupter: Tell us what innovation is likely to disrupt the industry, as well as how you’d like to build a business around it. Help us understand both the threat and the opportunity
Tell us the story of the venture. **Don’t worry if you can’t get perfect numbers for market size, cost, etc. This is about creating a venture that will help your firm stay relevant as the industry changes, not budgeting.

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Innovation Strategy Project – Section 2

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