Innovation & Portfolio Management creates an environment that fosters the flow of creative ideas across an organization while providing a structure to collect and evaluate investment ideas. Objective investment decisions maximize business benefits, balance risks, and address corporate constraints. Portfolio, Program, and end-to-end product lifecycle management provides the visibility and control necessary to achieve strategies and realize targeted organizational benefits - driving sustainable market success.
Innovation & Portfolio Management (IPM) is an integrated management discipline that transforms knowledge and creative ideas into market successes. IPM applies to all forms of innovations in a company.
Pcubed's collaborative consulting approach drives Innovation & Portfolio Management delivery from existing organizational capabilities to provide immediate results. Other organizational enhancements - process, technology, capability evolution - can then be carefully planned and rolled-out across the organization, creating the opportunity to benefit from more advanced management techniques across the IPM lifecycle.
Our three-phased approach defines and positions the necessary collaboration, structure, management, process, and technology to select and drive delivery of innovative ideas with the most impact to business success.
Innovation and portfolio delivery capabilities are enabled by an integrated technology solution, built on the proven SharePoint® and Project Server® enterprise management and collaboration foundation. Microsoft, PTC, and Pcubed have partnered to provide unique Innovation and Portfolio features through the integration of PTC's PPMLink® with the platform.
Components critical to IPM success are addressed as part of a holistic approach towards enhancing organizational delivery capability. The innovation portfolio mix includes a balance of innovation types and innovation initiatives that are aligned with growth strategies. Leaders are focused on the behaviors that drive innovation culture while creating a collaborative innovation environment. Business and technology are integrated to accelerate the capability to effectively manage the innovation pipeline as an organizational discipline.
To drive long-term IPM success, the approach must build a sustainable IPM environment that delivers business results aligned to corporate strategies. The organization is able to objectively select and effectively manage a portfolio of diverse innovation investments tied to strategic intent with risk and constraints balanced - real innovation investment benefits are defined, managed, and realized. The leadership team brings a new discipline to the often chaotic, uncharted waters of innovation and portfolio management.
Pcubed's Innovation & Portfolio Management is not just theory. Pcubed brings practical real-world experience in every point of the portfolio delivery lifecycle to ensure each implementation is a success. Pcubed's Strategic Innovation Framework includes seven dimensions that provide the structure necessary to create the IPM environment and drive business results.
Key Innovation & Portfolio Management Benefits
Planning and implementing an integrated approach that addresses the end-to-end IPM lifecycle provides short-term results and benefits while creating an environment for sustained innovation-driven business improvements.
- Maintain or capture industry leadership positions
- Accelerate adoption of systematic approach to new business creation and commercialization
- Reduce lifecycle for major innovation investments by 25-33% or greater
- Increase revenue contribution to lines of business by a factor of 2 to 3 times
- Improve the bottom line by pursuing higher margin innovation investments
- Simultaneous implementation: Business Improvement Programs (BIP) and Innovation Product Programs
- Work of interdependent teams streamlined and accelerated
- Increased efficiency and throughput across the organization