Project Management Institute
San Francisco Bay Area Chapter
Innovating for Today’s Economy
© 2009, UMT Consulting Group
UMT Consulting Group
The Premier Partner with the Most Experience
Working with Fortune 1000
Business Performance Solutions
New Product Development (NPD)
IT Governance and Management
Program & Corporate PMO
Performance Management
Process Improvement Initiatives
MS acquired Portfolio Server from UMT in 2006
© 2009, UMT Consulting Group
Goals
• Describe the
Innovation Imperative
• Discuss ways to
develop excellence in
an innovative world
• Provide you with tools
to take back to your
organization
© 2009, UMT Consulting Group
Innovation
“Innovation is the specific instrument
of entrepreneurship…the act that
endows resources with a new capacity
to create wealth.” - Peter F. Drucker
$$$
Current
Business
Expected Growth
Y1
INNOVATION
Y2
Y3
Y4
Y5
Y6
Y7
Time
© 2009, UMT Consulting Group
What is the
Innovation Imperative?
© 2009, UMT Consulting Group
Key Business Challenges
World is
more
competitive
Knowledge
is a
commodity
Accelerating
Change
Users are
more
demanding
© 2009, UMT Consulting Group
I have not failed. I've just found 10,000 ways that
won't work.
-- Thomas
A.UMTEdison
© 2009,
Consulting Group
What are the different levels of innovation?
Individual
Team
Organization
© 2009, UMT Consulting Group
Developing Individual Innovation
"We can't solve problems by using
the same kind of thinking we used
when we created them."
--- Albert Einstein
© 2009, UMT Consulting Group
Develop your inner innovator!
Sample techniques:
SCAMPER
S = Substitute?
C = Create?
A = Add?
M = Modify
P = Put to other uses?
E = Eliminate?
R = Rearrange or Reverse?
© 2009, UMT Consulting Group
Develop your team innovation
• Value and develop
diverse teams
• Develop team
innovation skills for
idea sharing and
development
Let a thousand flowers bloom
-- Chairman Mao
© 2009, UMT Consulting Group
What have been the greatest
human inventions over the past
100 years?
© 2009, UMT Consulting Group
Organizational Management
“The current management model
– centered on control and
efficiency – no longer suffices in a
world where adaptability and
creativity drives business
success.”
--Gary Hamel
© 2009, UMT Consulting Group
4 levels of Organizational Innovation
Management Innovation
Business Model
Innovation
Product
Innovation
Operational
Innovation
© 2009, UMT Consulting Group
This changes everything!
Governance Models
Marketing
Human Resources
Project Management
Product Management
Business Models
Sales Systems
Product Delivery
Product Development
Portfolio Management
© 2009, UMT Consulting Group
Innovation “Speed Dating”
Workshop
© 2009, UMT Consulting Group
How can you bring this into your world?
Governance
People &
Process
Tools and
Data
© 2009, UMT Consulting Group
Individual and Team Innovation
 Create an Innovation Mindset
 Develop innovation teaming skills
© 2009, UMT Consulting Group
Individual and Team innovation
How can tools help?
ThinkerToys
Recommended Books
Creativity Workshop
SCAMPER Worksheet
Creativity Training Classes
Brainstorming Techniques
Teambuilding Exercises
© 2009, UMT Consulting Group
What about Organizational?
Develop your Innovation Process Management capability
INNOVATE
Strategize
Brainstorm
Capture
Formulate
DELIVER
Evaluate
Define
Select
Deliver
%
$
∑
© 2009, UMT Consulting Group
You can develop and improve innovation processes
Develop your Innovation Process Management capability
INNOVATE
Strategize
Brainstorm
Capture
Formulate
DELIVER
Evaluate
Define
Select
Deliver
Strategize
Business driver priorities
Brainstorm
Develop
Idea as a
team
Capture
Record
idea
Request review
Develop
rationale
Request review
Formulate
Review
successful
Evaluate
Develop
proof of
concept
Define
Select
Review
successful
Feedback issued
Feedback issued
Deliver
© 2009, UMT Consulting Group
How can Tools & Data support?
1
Collaborative
Idea Workspace
2
Innovation
Tracking &
Rating
3
Ideation
Analysis
4
Document
Repository
5
Product
Portfolio
Management
© 2009, UMT Consulting Group
Key Challenges in Innovation Process Management
PROCESS
• Tapping expertise: “Who knows
what?”
• Building expertise
• Idea generation
• Idea evaluation (Is it real? Can we
win? Is it worth it?)
INFORMATION
PEOPLE
INNOVATE: Truth Seeking
• Handling textual, unstructured,
speculative information
• Market risk characterization
• Technical risk characterization
DELIVER: Success Seeking
Knowledge
Transfer
• Managing resources and
responsibilities: “Who does
what?”
• Building functional capabilities
Transition to
Development
• Matrix team effectiveness
• Delivering products to market
OTOBOS
• Doing things right
• Doing the right things
Transforming
information from
unstructured into
structured
• Managing and measuring
quantitative, structured,
assessed information
• Market risk metrics
• Technical risk metrics
© 2009, UMT Consulting Group
23
Recent Projects
Case Studies
Merck
• Fortune 500 drug development company;
• Full EPM solution – Project & Portfolio Server 
for comprehensive IT governance
• R&D management PS solution across
multiple groups
• Complete Case Story available
Baxter Biosciences
• Joint
Manufacturing
facility solution for portfolio management
has been approved
• Consolidated project and resource
management solution is under pilot
• Full Case Study expected next quarter
Wyeth Consumer Healthcare
• Leader in research,
development, manufacturing,
and marketing of a broad range of consumer
health care products, operating in over 65
countries with ~3,100 employees
• Full EPM Solution leveraged to manage their
OTC New Product Development Process.
• Project Server 2007 and Portfolio Server 2007
Becton Dickinson
• UMT supported a
number of successful
deployments for Becton Dickinson
• Comprehensive New Product development
solution
• IT Governance for comprehensive decisionmaking
• Case studies have been developed and will be
released next quarter
© 2009, UMT Consulting Group
Q&A and Wrap-Up; Next Webinar
For case studies, complimentary conversation on your
objectives, copies of this presentation, or general information:
marketing@umt.com
www.umt.com
Speaker contact information
Beth Britt
Senior Vice President
bbritt@umt.com
Join us at the next UMT Consulting Group
Webinar
Title: The Differences between Project, Program and
Portfolio Management
Date: Tuesday, February 24
at 1pm Eastern / 12pm Central / 10am Pacific
Register on our website www.umt.com
© 2009, UMT Consulting Group