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INNOVATION STRATEGY AND PORTFOLIO MANAGEMENT - Coggle Diagram
INNOVATION STRATEGY AND PORTFOLIO MANAGEMENT
THE INNOVATION DIAMOND AND 4 VECTORS THAT DRIVE SUCCESSFULL INNOVATION
PRODUCT INNOVATION AND
RIGHT INVESTMENT DECISIONS PORTFOLIO MANAGEMENT
A POSITIVE CLIMATE CULTURE AND LEADERSHIP
AN EFFETIVE IDEA TO LAUNCH SYSTEM : STAGE GATE
PRODUCT INNOVATION STRATEGY TO GUIDE THE NPD EFFORT
CLEARLY DEFINED NPD GOALS
ROLE IN BUSSINESSS GOALS
LONG TERM COMMITMENT
STRATEGIC ARENAS DEFINED
STRATEGIC BUCKETS
PRODUCT ROADMAP IN PLACE
MAJOR STEPS N DEFINING PRODUCT INNOVATION STRATEGY
DEFINE GOALS FOR NPD
SELECT STRATEGIC ARENAS
ATTACK
INVESTMENT STRATEGY
STRATEGC THRUST
ENTRY STRATEGY
RESOURCE COMMITMENT AND STRATEGIC PORTFOLIO DECISIONS
TACTICAL PORTFOLIO DESICIONS
A MAJOR AREA PROBLEM
TOO MANY DEVELOPMENT PROJECTR FOR THE RESOURCES AVAILABLE
POOR BALANCE TOO MANY MINOR PROJECTS IN PORTFOLIO
POOR [ROJECT PRIORITIZATION
FEW OR NOHIGH VALUE TO THE BUSSINESS PROJECTS N PORTFOLIO
NO PORTFOLIO MANAGEMENT PROCES
AN EFFECTIVE AND AGILE IDEA TO LAUNCH SYSTEM WITH TOUGH GATES
IDEA SCREEN
BUILD BUSINESS CASE
DEVELOPMENT
TESTIG AND VALIDATION
LAUNCH
A HIERARCHICA PROCESS DRIVEN BY STRATEGY
STRATEGIC PORTFOLIO DECISIONS
STRATEGIC BUCKETS
STRATEGIC PRODUCT ROADMAP
TACTICAL PORTFOLIO DECISIONS
PROJECT SELECTION(GO/KILL)
PRIORITIZATION
RESURCE ALLOCATION
THREE GOALS IN PORTFOLIO MANAGEMENT
TO MAXIMIZE THE VALUE OF THE PORTFOLIO
TO ACHIEVE THE RIGHT BALANCE AND MIX THE PROJECT
TO ALIGN THE NEW PRODUCT EFFORT WITH THE BUSINESS STRATEGY