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Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft Project Email: [email protected]

Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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Page 1: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Innovation Management: Innovation Management:

Drive Growth: Transform Your Business with Innovation Management

Presenter: Ben ChamberlainTitle: Senior Product Manager – Microsoft ProjectEmail: [email protected]

Page 2: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 3: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 4: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 5: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Strike The Right Balance in Varying EconomiesSuccessful Companies will Lay the Foundation for Growth

Good Times

Drive Growth

Enhance Efficiency

Reduce Costs

Page 6: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 7: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

What is Innovation?

Page 8: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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!

Page 9: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 10: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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.

Page 11: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Innovation Yields Results

Page 12: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Netflix: Redefinning an Industry

+

+

=

Internet

DVDs

Postal Service

“No More Late Fees”

Page 13: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Is Innovation a Priority Organizations?

Page 14: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Innovation Management ResonatesThe Global Cross Industry Pipeline is Strong!

Page 15: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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%

Page 16: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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%

Page 17: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Does Innovation Require a Process?

Page 18: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Requires Organizational Commitment

Executive

Commitment

Funding & Risk Taking

Employee Incentive

s

Cultural Change

The Right

Process

Supporting

Technology

Page 19: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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”

Page 20: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 21: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Tools: It's More than Just the EPM Solution

SelectDefineEvaluat

eFormulateCaptureStrategize

UnstructuredCollaboration

StructuredCollaboration

Page 22: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 23: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Innovation Process Management

demo

Page 24: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Chris Ashton's Eureka Moment

Page 25: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 26: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 27: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

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

Page 28: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

Q&A

Page 29: Innovation Management: Drive Growth: Transform Your Business with Innovation Management Presenter: Ben Chamberlain Title: Senior Product Manager – Microsoft

© 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.