Selecting and prioritizing the ‘right’ projects is crucial for achieving strategic and financial objectives. Effectively managing a pipeline of projects presents a number of challenges, including , allocation of limited resources, robust and consistent process for project execution and others.
We have brought fresh thinking and best practices into the portfolio governance processes of many companies.
The right tools and processes can have a significant impact on the success and productivity of development projects.
Drawing upon experiences from FMCG, Aerospace, Life Sciences and Public Utilities, we have a range of standalone Innovation process improvement and best practice support services for both existing and new customers.
Innovation process improvement is an underexploited opportunity for growth. We offer end-to-end solutions that harmonize existing organizational innovation processes while incorporating proven best practices in phase-gate and new product development methodologies.
This approach captures collective knowledge within your organization and ensures accurate, fact-based reporting at the aggregated portfolio level.
Innovation organization design is an important component of an effective innovation function, and we can help you maximize your innovation power based on our experience of establishing and optimizing organizational structures. We help organizations to understand the roles and responsibilities that must be established, and to empower teams and individuals with appropriate skills and training. We also ensure that the necessary forums are running regularly and effectively. We regularly support key stakeholders in building consensus around critical questions such as:
Who owns your product strategy?
How are gate review decisions made and resources allocated?
Many companies are realizing the benefits of a more collaborative approach to innovation. Connecting internally and externally helps bring innovations to market faster, often at less cost than through traditional practices.
We can help integrate Open Innovation (OI) principles into your existing processes, advise how to establish the all-important cultural aspects, and guide on the types of systems and tools best support this approach. This includes (but is not limited to):
Assessment of OI maturity and readiness, as well as facilitating cultural change process.