Enabling Innovation Process Management using Microsoft's EPM Solution and SharePoint Server 2007 Agenda Provide an overview of Innovation Management What is it? Is Innovation a priority for organizations? Does Innovation require a process? Demo Microsoft's IPM Solution Deployment Best Practices Q&A 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 Saturated Market Needs a New Perspective Entered a $70Bn over populated market. Began as niche player. Now competing against major brands. Company value tripled in 1 year to $650M !! Innovative products with services. © Jones Soda Co Is Innovation a Priority Organizations? Innovation is a key corporate priority “To what extent does your organization’s strategy depend on innovation for its long term success?” , Totally, 17.60% Totally Largely Moderately Minimally Not at All Don’t Know , Minimal ly, , Not at7.30% All, , 0.80% Don't Know, 0.30% , , Largely, Modera44.10% tely, 29.80% 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 ,, 53.00% Commitment ,, 59.00% Support of CEO to Innovation Frequency of Innovation Pace and speed of innovation Source: Accenture Innovation Survey, 2007-8 ,, 41.00% Execution ,, 36.00% Does Innovation Require a Process? You Need More Than Just a Great Idea! “You have to spend as much time directing your innovation and creativity to fostering a culture of creativity and a receptiveness to innovation as you spend on the ideas themselves” “Success in capitalizing upon design and innovation is primarily a cultural thing, and shaping corporate culture is an executive responsibility” Bill Buxton, Rotman Magazine Fall 2005 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 Demo Scenario: Applying IPM in the Business Introducing Fabrikam … Business Overview Designers of sporting safety equipment Founded in 1971, 2,500 employees HQ in US with offices in 7 countries Global distribution channels 75% of the executives have over 25 years service The company is underperforming Underperforming in a Strong Market Stock Price Market $ Fabrikam Share, Fabrikam Market Contoso Share, Conto so, AdventureFabrik Works$645,1 Contoso am, 00,000 Market Traders Market Northwind $244,5 Share, , 32% Adventure Works Share, Others Others 00,000 Northwind Traders CAGR North wind Trader s, $364,5 00,000 , 18% Market Share, Advent ure Works, $659,0 00,000 , 32% , 12% , $122,2 50,000 , 6% Market Share Chris Ashton's Eureka Moment Demo Storyline Strategize Capture Formulate Evaluate Define Select Chris Ashton Idea Submitter D Patrick Hines IMO A E Kim Ralls Project Manager B C H FG Patrick Hines IMO Patrick Hines IMO To “Deliver” Fabrikam Executive s Lisa Miller Reviewer Kate Taneyhill Designer Innovation Process Management IPM Architecture Idea Submission & Management Idea Home Site & Reporting My Site Forms Server Idea Workspace Idea Portal Enterprise Search Excel Services Idea Portfolio Selection Resource Mgmt & Schedule Mgmt Enterprise Reporting Project & Portfolio Center Project Portfolio Server 2007 SharePoint Server 2007 Project Server 2007 EPM Solution Windows SharePoint Services 3.0 Windows Workflow Foundation SQL Server 2005 Windows Server 2003 R2 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 Where Can I find the IPM Material? IPM Bill of Materials Microsoft. com BDM Presentation External Audience Silverlight Demo Image Virtual PC Demo Image EPM Connect Hosted Tour PS Presenter’s Script Wp Whitepaper DS Datasheet Microsoft TDT Internal Audience Partner Portal Go Project Sales 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.