Innovation professionals and those who oversee the portfolio must strike a balance between the preservation of tried-and-true offerings and the pursuit of novel opportunities.
SmartOrg streamlines portfolio and innovation management, discovering untapped potential and implementing innovative solutions that create long-term success. Our software and services manage the risk inherent in your business by guiding you through the financial uncertainties that drive the business case and by boosting your credibility as a steward of resources.
Our solutions can reveal, navigate, and accelerate new opportunity for your organization. For over 20 years, Fortune 1000 companies have collaborated with us to reduce wasted investment and drive breakthrough growth.
Website: www.smartorg.com LinkedIn Page: www.linkedin.com/company/smartorg Connect with our President and CEO, David Matheson, on LinkedIn: www.linkedin.com/in/damatheson/
This is a discussion on product portfolios in the innovation space. Here's a link for more information on this topic: smartorg.com/strategic-portfolio-management/
Looking forward to seeing more videos!! All the best and good luck with growing your channel. Have you ever looked into using smzeus . c o m!!? It could help you get your videos higher in the search results!!
Great. Re the 2 dimension portfoilo matrix, the analogy is little confusing; bread & butter, white elephant, pearl, and oyster. Wouldn't it be more appropriate example?
This grid was developed in the 1990s and appears in the attached article from Research-Technology Management May-June 1994. See the graphic on page 41 (Pg. 4 of the PDF). bit.ly/36ZbNqZ
@@MonsterMeatMac We no longer offer those courses. Here is our new Resources section. smartorg.com/resources/. At the bottom of the page is a professional development section. You may find the articles/videos there interesting.
@@pixbyeli Hello! The dice game is undergoing an update. We're anticipating 1.5-2 months before it'll be ready. I made a note to update this thread when it's available. -Teresa
Thanks. I liked how the simple examples demonstrated a number of portfolio management issues. In particular I liked how there wasn't a single right choice and that the correct answer depended on your organizations desires.
What is the difference between what is discussed in this video, with the Boston Consulting Group Matrix? IThe two sound similar to me, except for the names used for the various projects eg Oysters/White Elephants/Pearls/Bread and Butter instead of Dogs, Cash cows, Question Marks and Stars?
Those themes can be interpreted very differently depending on the audience. Cash Cows sounds so much better than Question Marks. However, the talk demonstrates that might not always be the case.
Colin -- at the link smartorg.com/2014/03/portfolio-management-101/, check Slide 22. Does that answer your question? The tree is basically getting rolled back, by multiplying probabilities with the end point values.
Hi David, Great webinar. The wine case study caught my attention where business value was found through a focus on value creation. In my workplace, I run IT related projects where the customers are my colleagues - what do you the value creation focus consists of when dealing with 'internal customers'? Would you still boil it down to $ made/saved? Thanks in advance, Kunal
Key points: - Where you invest is more inportant than how much you invest - Use an agile portolio process - Create Innovation platforms - Think critically about strategic and economic issues A great technology and a compelling customer insight is necessary but not sufficient to change the world. Focus on learning. Seek proof points, not milestones. Strive for transparency. Strive for clear prioritization. These help you discover agile opportunities.
