Innovation Management:
Drive Growth: Transform Your
Business with Innovation Management
Presenter: Ben Chamberlain
Title: Senior Product Manager –
Microsoft Project
Email: bchamber@microsoft.com
MPUG Presentation
Email Conversation between Bill & Ben
Bill
……………. 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”?
Ok, however confused
on the link to MS
Project?
Ben
“How about Innovation
Management”?
“Everything”!!!
Agenda
Innovation Management Overview
What is it?
Is Innovation a priority for organizations?
Does Innovation require a process?
Demo Microsoft's IPM Solution
Deployment Best Practices
Q&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 Economies
Successful Companies will
Lay the Foundation for Growth
Drive Growth
Good Times
Enhance
Efficiency
Reduce
Costs
Strike The Right Balance in Varying Economies
Successful Companies will Lay the Foundation for Growth
Drive Growth
Invest and lay the
foundation for
future growth
Enhance
Efficiency
Good Times
Recession
Reduce
Costs
What is Innovation?
Is The Laser Innovation?
No, this is a great INVENTION
Kastler-Brossel Laboratory at en:Paris VI: Pierre et Marie Curie. Copyright © 2004 David Monniaux
Is This Innovation?
© 3D Systems, Inc.
© Bausch & Lomb Incorporated.
© Cambridge Audio
© Toshiba America Consumer Products
© NBC Universal
YES!
Innovation is ……
The conversion of
knowledge and
ideas into new or
improved
,
,
and
to
gain
a competitive
advantage.
Product
Process
Service
Innovation Yields Results
Netflix: Redefinning an Industry
Is Innovation a Priority
Organizations?
Innovation Management Resonates
The Global Cross Industry Pipeline is Strong!
Innovation is a key corporate priority
“To what extent does your organization’s strategy
depend on innovation for its long term success?”
17.60%
Totally
Largely
44.10%
29.80%
Moderately
Minimally
7.30%
Not at All
0.80%
Don’t Know
0.30%
Over 60% of respondents indicated that the organization’s strategy
depends “Totally” or “Largely” on innovation for long term success
Source: Accenture Innovation Survey, 2007-8
A gap exists between commitment and
execution of innovation
“Percentage of companies indicating that they are stronger than
competition with respect to…”
Opportunity
Organization’s
commitment to
innovation
53%
Commitment
Support of CEO to
Innovation
Frequency of
Innovation
Pace and speed of
innovation
Source: Accenture Innovation Survey, 2007-8
59%
41%
Execution
36%
Does Innovation Require a
Process?
Requires Organizational Commitment
Supporting
Technology
The Right
Process
Cultural
Change
Executive
Commitment
Funding &
Risk
Taking
Employee
Incentives
A Process is Required to Facilatate
Innovation Success
Innovation Process Management
Creativity
Process
“A process
is required to encourage, identify and deliver innovation”
Innovate
• Capture Idea
• Develop Business
Case
• Rate & Review
• Select & Fund
Deliver
• Build Project
Team
• Track Project &
Portfolio
Performance
• Release to Market
Measure
• Analyze Market
Trends
• Assess Portfolio
performance
• Finalize lifecycle
decisions
Innovate: Identify & Select Ideas
Strategize
Capture
Formulate
Define &
Prioritize
Business
Strategy
Capture
Idea
Evaluate
Define
IMO
Review
IMO
Review
Portfolio
Analysis
Portfolio
Analysis
Approval
Approval
Run
Enterprise
Search
Build
High Level
Business
Case
Peer
Rating & Review
Select
Build Project
Team
Build
Detailed
Business
Case
To
Deliver
Tools: It's More than Just the EPM Solution
Strategize
Capture
Formulate
Evaluate
Define
Select
Why Customers Choose the IPM Solution
Ideation + Execution = Improved Business Performance
Microsoft IPM Solution Runs the full gambit of Innovation - from ideation to
project execution
Innovate
Idea
Innovation
Submission
Portal
Reporting
Measure
Deliver
Unstructured
Community
Voting
Social
Challenges
Networking
/ Tournaments
Collaboration
Services
Niche Innovation Vendors
Structured
Resource
Portfolio
Selection Management
Business
Case Dev
Financial
Management
Team
Execution
& Reporting Collaboration
Project &
Portfolio Mgmt
Established PPM Vendors
Innovation Process
Management
Chris Ashton's Eureka Moment
Deploying IPM: Process
Requires a Change in Culture
Executive Support is Crucial
Motivation is a Critical factor
Incentivize Employees
Run Challenges to Direct Innovation
Make it Easy
Don’t Over Engineer the Process
Take Baby Steps
Proof of Concept
Phased Deployment
Learn More About the EPM Solutions
Gain Additional Value from the Platform
View Webcasts
Take An EPM Tour
www.epmconnect.com
Innovation
Process
Management
1 Reduce Costs: Seven
Steps to Optimize Project
Portfolio Selection
Project &
Portfolio
Management
2 Maximize Efficiency: Drive
ROI by Enhancing Project
Portfolio Execution
Capital
Planning &
Investment
Control (CPIC)
3 Growth: Transform Your
Business with Innovation
Management
4 Capital Planning
Application
Lifecycle
Management
(ALM)
Investment Control for
Government
5 Connecting the Worlds of
Project Portfolio
Management Application
Lifecycle Management
Tune in to the other
Webcasts
See the Solutions
in Action
Read an overview of each solution (PPM,
CPIC, Innovation, ALM etc.)
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Q&A
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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.