Innovation Capitalisation™
Innovation Capitalisation™ by MODE is a pivotal tool developed to consider a project from the outset; before any design has occurred. It aligns specialist providers, groups, businesses and government with the sole outcome of creating better communities through unique and innovative design.
The four key pillars (social, economic, environmental and educative) act as the drivers for Innovation Capitalisation and is how MODE unlock the ‘Capital in Reserve’ on each project. MODE see Innovation Capitalisation as a new procurement method, an opportunity to align community needs with commercial outcome and place-making to bring people together. It is about teaching people who aren’t just students, supporting people who require a little bit of extra help, bringing minimum amenities to areas facing isolation and dislocation. Innovation Capitalisation works with clients to generate the best possible outcome to engage communities, activate spaces and build better facilities that respond to the needs of real people.
SOCIAL
Passionate about problem solving, MODE openly partner and collaborate to innovate and generate positive outcomes for the broader communities and societies.
ECONOMIC
Understanding the principles of return on social, environmental, personal and fiscal investment; in conjunction with a complexity of factors that stimulate benefits, such as, employment generation, community gain, alternative revenues and financial models, affordability, overall value for money and total cost of ownership.
ENVIRONMENTAL
MODE are conscious of where they live, play and work. Through the application of innovative design techniques, all MODE projects minimise negative impacts on the environment and create opportunity for environmental wellbeing, to leave the world in better health.
EDUCATIVE
Committed to maintaining the benefits of social, economic and environmental achievements, MODE works actively towards closing the learning gap, believing that the built environment has the capacity to enhance all our lives and contribute to who we are.
How We Do It
IDENTIFY OPPORTUNITIES USING INNOVATION CAPITALISATION™
MODE identifies not only the expected outcomes from a project, but also the underlying reasons dictating the need for the project. This allows for the identification of the ‘Capital in Reserve’ and employment of innovative approaches to incorporate social and environmental solutions to best deliver the clients required outcomes.
EXPLORE IDEAS AND MEASURE AGAINST THE FOUR PILLARS
From the first identification of issues, MODE comprehensively explores the opportunities across the four pillars – economic, social, environmental and educative determine how design can best facilitate and maximise the benefits associated with the project.
STRATEGISE THE DELIVERY
MODE has a wealth of best practice experience and this, in conjunction with lateral thinking expertise, is strategised to determine how the opportunities can best be delivered. During this phase MODE assesses potential options available to the client and where possible, quantifies the economic, social, environmental and educative outcomes. This allows for informed decision making regarding the best overall approach for the project from an economic and socially conscious perspective.
QUANTIFY THE OUTCOMES AGAINST INNOVATION CAPITALISATION FOUR PILLARS
As a final step, MODE quantifies the potential outcomes so that all benefits can be clearly communicated to the client, the community and potential partners. Experience has shown that this can increase the number of willing partners on a project and increase the returns for each of them.
The possibilities of Innovation Capitalisation are endless and through ongoing research, experience and knowledge, MODE uses this innovative and unique design approach to unlock even more community focused outcomes.