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Innovation Management: Innovation Management:
Drive Growth: Transform Your Business with Innovation Management
Presenter: Ben ChamberlainTitle: Senior Product Manager – Microsoft ProjectEmail: [email protected]
MPUG PresentationEmail Conversation between Bill & Ben
……………. just checking in to see if there was anything new and exciting going on where we could have you come back and do something for us on 4/21/09”?
“How about Innovation Management”?
Ok, however confused on the link to MS Project?
“Everything”!!!
Bill Ben
Agenda
Innovation Management OverviewWhat is it?Is Innovation a priority for organizations?Does Innovation require a process?
Demo Microsoft's IPM SolutionDeployment Best PracticesQ&A
Can PPM Help Organizations in a Recession?Should I Fund PPM Initiatives in the Downturn?
Tough Times Ahead• Global Economic Crisis• Markets Tumble• Credit Crunch / Fiasco • Consumer Confidence
Shattered• Widespread layoffs Across all
Industries• Will Stimulus Packages Work?
How can PPM Techniques Help?• Improve Decision Making• Maximize Resource Utilization• Enhance Visibility & Control• Accelerate Execution &
Delivery• Drive Growth & Business
Performance
Strike The Right Balance in Varying EconomiesSuccessful Companies will Lay the Foundation for Growth
Good Times
Drive Growth
Enhance Efficiency
Reduce Costs
Strike The Right Balance in Varying EconomiesSuccessful Companies will Lay the Foundation for Growth
Good TimesRecession
Drive Growth
Enhance Efficiency
Reduce Costs
Invest and lay the foundation for future growth
What is Innovation?
Is The Laser Innovation?
Kastler-Brossel Laboratory at en:Paris VI: Pierre et Marie Curie. Copyright © 2004 David Monniaux
No, this is a great INVENTIONKnown as the Solution without a
Problem!
Is This Innovation?
© 3D Systems, Inc.© Bausch & Lomb Incorporated.© Cambridge Audio© Toshiba America Consumer Products© NBC Universal YES!…extracting value from the creative understanding of what is already knownBill Buxton
Innovation is ……
Improve Business Performance
Service
Process
Product
The conversion of knowledge and ideas into new or improved PRODUCTS, PROCESSES, and SERVICES to gaina competitive advantage.
Innovation Yields Results
Netflix: Redefinning an Industry
+
+
=
Internet
DVDs
Postal Service
“No More Late Fees”
Is Innovation a Priority Organizations?
Innovation Management ResonatesThe Global Cross Industry Pipeline is Strong!
Innovation is a key corporate priority
Over 60% of respondents indicated that the organization’s strategy depends “Totally” or “Largely” on innovation for long term success
“To what extent does your organization’s strategy depend on innovation for its long term success?”
Source: Accenture Innovation Survey, 2007-8
Totally
Largely
Moderately
Minimally
Not at All
Don’t Know 0.30%
0.80%
7.30%
29.80%
44.10%
17.60%
Opportunity
A gap exists between commitment and execution of innovation “Percentage of companies indicating that they are stronger than competition with respect to…”
Organization’s commitment to
innovation
Support of CEO to Innovation
Frequency of Innovation
Pace and speed of innovation
Commitment
Execution
Source: Accenture Innovation Survey, 2007-8
36%
41%
59%
53%
Does Innovation Require a Process?
Requires Organizational Commitment
Executive
Commitment
Funding & Risk Taking
Employee Incentive
s
Cultural Change
The Right
Process
Supporting
Technology
Process
A Process is Required to Facilatate Innovation Success
CreativityInnovation Process
Management
Innovate
• Capture Idea
• Develop Business Case
• Rate & Review
• Select & Fund
Deliver
• Build Project Team
• Track Project & Portfolio Performance
• Release to Market
“A process is required to encourage, identify and deliver innovation”
Innovate: Identify & Select Ideas
IMO Review
Portfolio Analysis
Approval
Peer Rating & Review
Capture Idea
Run Enterprise Search
Define &
Prioritize
Business
Strategy
Build Detailed Business
Case
IMO Review
Portfolio Analysis
Build High Level Business
Case
Build Project Team
Approval
SelectDefineEvaluat
eFormulate
Capture
Strategize
To Deliver
Tools: It's More than Just the EPM Solution
SelectDefineEvaluat
eFormulateCaptureStrategize
UnstructuredCollaboration
StructuredCollaboration
Why Customers Choose the IPM SolutionIdeation + Execution = Improved Business Performance
DeliverInnovate Measure
Project & Portfolio Mgmt
CollaborationServices
Execution & Reporting
Financial Managemen
t
Team Collaboration
Resource Management
Portfolio Selection
Business Case Dev
Challenges / Tournaments
Community Voting
Social Networking
Innovation Portal
Idea Submission
Reporting
Unstructured
Structured
Microsoft IPM Solution Runs the full gambit of Innovation - from ideation to project execution
Niche Innovation Vendors Established PPM Vendors
Innovation Process Management
demo
Chris Ashton's Eureka Moment
Deploying IPM: ProcessRequires a Change in Culture
Executive Support is Crucial Motivation is a Critical factor
Incentivize Employees Run Challenges to Direct Innovation
Make it EasyDon’t Over Engineer the Process
Take Baby StepsProof of ConceptPhased Deployment
Learn More About the EPM SolutionsGain Additional Value from the Platform
www.epmconnect.com
Read an overview of each solution (PPM, CPIC, Innovation, ALM etc.)
Innovation Process Management
Project & Portfolio Management
Capital Planning & Investment Control (CPIC)
Application Lifecycle Management (ALM)
Take An EPM Tour
See the Solutions in
Action
View Webcasts
Tune in to the other Webcasts
Reduce Costs: Seven Steps to Optimize Project Portfolio SelectionMaximize Efficiency: Drive ROI by Enhancing Project Portfolio ExecutionGrowth: Transform Your Business with Innovation ManagementCapital Planning Investment Control for Government
Connecting the Worlds of Project Portfolio Management Application Lifecycle Management
1
2
3
4
5
Microsoft Project Conference 2009: Exclusive partner and customer opportunities to learn about the next release75+ in-depth breakout sessions for both technical and business audiences Hands-on labs and product demonstrationsThought provoking keynotes and engaging special eventsConnect with peers, industry practitioners, certified partners and the Microsoft Project team to share experiencesEarn valued certifications – enjoy reduced fees with conference registrationEarn PMI PDUsOne of the largest and greenest facilities with full amenities, including complimentary internet
Learn how Project is helping customers today to save money, enhance
efficiency and drive growth, as well as obtain unique insights into how
the next release will continue to support your business tomorrow.
www.msprojectconference.com
Q&A
© 2008 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.
The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee
the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.