Innovation Portfolio Management
Innovation Portfolio Management is all about creating the right balance in your innovation portfolio between short-term and long-term innovations, between low-risk and big-bet initiatives, between incremental and disruptive/transformation innovations, and between starting new projects and killing the non-viable ones.
Successful innovators master the art of Innovation Portfolio Management. They monitor innovation projects on well-defined financial or non-financial metrics and manage their progress with the use of Growth boards, Stage-gate models and Metered funding principles. But they are also aware of all the pitfalls, like the internal politics, hierarchical influences (are you familiar with the HIPPO effect?) and many more.
Based on our RevelX Innovation Readiness Benchmark data, Innovation Portfolio Management is the least developed innovation capability of all organizations. However, the high performers in innovation rate significantly better on this. 62% of them actively monitors innovation projects on well-defined metrics and stops projects that are not successful. This in sharp contrast to the low performers of which only 14% does this.
In this webinar, you will learn:
What are the best practices in creating and managing a well-balanced and healthy innovation portfolio?
How to set-up a good monitoring and portfolio management process with the use of stage-gates, well-defined metrics, Growth Boards and Metered funding principles?
How to avoid pitfalls and common mistakes in Innovation Portfolio Management?
Presenters
Matthijs RosmanPartner, RevelX
Trusted and creative advisor. Specialist in growth acceleration and innovation. Two decades of experience at the intersection of marketing, sales and service. Combines analysis and creativity to develop surprising combinations. From new digital possibilities to ways to improve commercial results.
Cordial towards others, sharp on details. Continuously looking for growth opportunities. Familiar in B2B and B2C, both for startups and corporates. Frequently invited as speaker, chairman or expert.
Excels in digital strategy, top line growth, customer journeys, omnichannel marketing and connecting startups with established organizations.
Marc DoumaPartner, RevelX
Specialist in strategy development, innovation management and strategic alliances.
All-round perfectionist. Confronts stakeholders with razor-sharp analysis. Develops solutions that work and creates the necessary support. Is at home within complex stakeholder environments. Direct, committed and always with a sense of humor.
Previously, partner at Boer & Croon. Prior to that, Operations manager at Nuon and Senior Consultant at PwC. Holds a PhD on strategic alliances. Contributed to strategic programs at Ardagh, Vitens, Gasunie, Alliander, TNO, BDR Thermea and others.
Trusted advisor for executive boards and management teams during complex strategic transitions.