Published on August 8, 2008
Author: marrigo
Source: slideshare.net
Innovation and Portfolio Management: Determining What to Cut and What to Keep U.S. Call-in toll-free number: 1-866-569-9708 U.K. Call-in number: 44-02031070273 Conference Code: 949-335-5580
Agenda Paul Sloane - Creativity and Innovation Sue Fisher - IT Portfolio Management Mike Arrigo - Moderator | U.S. Call-in toll-free number: 1-866-569-9708 U.K. Call-in number: 44-02031070273 Conference Code: 949-335-5580
Paul Sloane - Creativity and Innovation
Sue Fisher - IT Portfolio Management
Mike Arrigo - Moderator
No World Borders What We Do Advisory & Assessment Services Management consulting Solution development & implementations Project coordination,Training, Facilitation Human & Investment Capital Interim Management U.S. Call-in toll-free number: 1-866-569-9708 U.K. Call-in number: 44-02031070273 Conference Code: 949-335-5580
Advisory & Assessment Services
Management consulting
Solution development & implementations
Project coordination,Training, Facilitation
Human & Investment Capital
Interim Management
No World Borders Team Client Experience
According to BusinessWeek, innovation today is “much more than new products.” Innovation is also “reinventing business processes and building entirely new markets that meet untapped customer needs.” The ubiquity of the Internet and globalization of the business expand generation of new ideas. Innovation is then “selecting and executing the right ideas and bringing them to market in record time.”
Innovation Maturity Phases (CMMI)
Constant Incremental Enhancements Blended with Innovative Re-designs iPod iPhone
From London - Paul Sloane Creativity and Innovation Author of "The Innovatiive Leader" and consultant to American Express, British Telecom, Cendant, Experian, Lloyds of London, Motorola, Reckitt Benckiser, Shell Oil, 3M, and other firms. His Creative Leadership and Ideas Workshops are highly reviewed world-wide. 'Paul delivered an inspirational half day. His session got the highest ratings of any on our meeting and gave us great ideas we're implementing to drive positive change.' - Motorola
Author of "The Innovatiive Leader" and consultant to American Express, British Telecom, Cendant, Experian, Lloyds of London, Motorola, Reckitt Benckiser, Shell Oil, 3M, and other firms. His Creative Leadership and Ideas Workshops are highly reviewed world-wide. 'Paul delivered an inspirational half day. His session got the highest ratings of any on our meeting and gave us great ideas we're implementing to drive positive change.'
- Motorola
Now Speaking Paul Sloane U.S. Call-in toll-free number: 1-866-569-9708 U.K. Call-in number: 44-02031070273 Conference Code: 949-335-5580
Innovation Funnel Launch Ideas Ideas Ideas Ideas Assessment Gate Development Gate Test Gate
Paul Sloane U.S. Speaking Engagements October 9, 2008 No World Borders Connected World Conference Newport Beach, California October 8 th & 10 th 2008 Available for Leadership & Strategy Workshops
October 9, 2008
No World Borders Connected World Conference
Newport Beach, California
October 8 th & 10 th 2008
Available for Leadership & Strategy Workshops
Decision Making and Selection The Art of Change & Control During a Recession Basic Selection Approach Current Trends and Strategies Example- IT Strategy Response Defining the Process Organizing the Selections for Planning and Contingencies
Basic Selection Approach
Current Trends and Strategies
Example- IT Strategy Response
Defining the Process
Organizing the Selections for Planning and Contingencies
Decisions What to Cut and What to Keep
Budget Distribution Example
Budget Distribution Example
Selection Decisions Daily Work Incremental Improvements Innovative Ideas Plans & Contingency Plans Must Have Corp Must Have Process Small Improvement High Priority Projects Med Priority Projects Low Priority Projects
Current Trends and Strategies World Trends Economic and Political Uncertainty Global Economy Shift Increased Power Costs and Green Movement Resulting Business Strategies Stay the Course Expect Reduced Sales and Higher Business Costs Risk Attitude- Moderate Value Objective- Maintain Opportunistic Seek New Opening Market Revenue Mergers & Acquisitions Leverage Economic Shifts to Justify Improvements Risk Attitude- High Value Objective- Create Survival Eliminate Long-term Costs for Short-term Profits Risk Attitude- Zero Value Objective- Sacrifice Long-term Innovation Benefits Short-term Innovation Benefits Immediate Benefits Only
World Trends
Economic and Political Uncertainty
Global Economy Shift
Increased Power Costs and Green Movement
Resulting Business Strategies
Stay the Course
Expect Reduced Sales and Higher Business Costs
Risk Attitude- Moderate
Value Objective- Maintain
Opportunistic
Seek New Opening Market Revenue
Mergers & Acquisitions
Leverage Economic Shifts to Justify Improvements
Risk Attitude- High
Value Objective- Create
Survival
Eliminate Long-term Costs for Short-term Profits
Risk Attitude- Zero
Value Objective- Sacrifice
Example Effect of Business Strategies on IT Selection Stay the Course Expect reduced sales and higher business costs Power Transportation Foreign Purchases (based on exchange rates) IT Response Focus Cost Reductions in Areas of Higher Cost Slow or Reassess New Product/System Development Seek Short Projects with Immediate Benefits Structure Long-term projects with business benefit derived throughout the project Improve Project Success Rates with Better Planning Increase Early Project Terminations Expect to Respond to New Conservation Regulations Develop Scalable IT Processes to Reduce Costs During Sales Slump Communicate Plans and Results in Terms of Business Value Business Process Management Portfolio Management
Stay the Course
Expect reduced sales and higher business costs
Power
Transportation
Foreign Purchases (based on exchange rates)
IT Response
Focus Cost Reductions in Areas of Higher Cost
Slow or Reassess New Product/System Development
Seek Short Projects with Immediate Benefits
Structure Long-term projects with business benefit derived throughout the project
Improve Project Success Rates with Better Planning
Increase Early Project Terminations
Expect to Respond to New Conservation Regulations
Develop Scalable IT Processes to Reduce Costs During Sales Slump
Communicate Plans and Results in Terms of Business Value
BPM Designer: Process Simulation | Configure Simulation Scenarios (Loads) Observe and manage queues in real time. Adjust staffing/efficiency, etc. Extensive cost-based, time-based, and unit-based reporting. Generate detailed reports to assess process design. Export reports for external analysis.
Low Value High Cost
Selection Decisions Daily Work Incremental Improvements Innovative Ideas Plans & Contingency Plans Must Have Corp Must Have Process Small Improvement High Priority Projects Med Priority Projects Low Priority Projects
Rainbow Matrix Decreases in Priority and Level of Service
SEE IT IN ACTION Modeling Tools
Modeling Tools
QUESTIONS
Innovation & Portfolio Management at your Company Sue Fisher & Paul Sloane Half Day Assessments Leadership & Strategy Workshops [email_address] 949-335-5580 toll free U.S. 877-623-3287 fax: 888-357-1374
Sue Fisher & Paul Sloane
Half Day Assessments
Leadership & Strategy Workshops
[email_address]
949-335-5580
toll free U.S. 877-623-3287
fax: 888-357-1374
Drawing iPhone or Blackberry Book - The Innovative Leader
Innovation and IT Portfolio Management Determining what to cut and what to keep THANK YOU FOR YOUR PARTICIPATION
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