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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
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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
Is The Laser Innovation? Known as the Solution without a Problem! No, this is a great INVENTION Kastler-Brossel Laboratory at en:Paris VI: Pierre et Marie Curie. Copyright © 2004 David Monniaux
Is This Innovation? …extracting value from the creative understanding of what is already known Bill Buxton YES! © 3D Systems, Inc. © Bausch & Lomb Incorporated. © Cambridge Audio © Toshiba America Consumer Products © NBC Universal
Innovation is …… The conversion of knowledge and ideas into new or improved PRODUCTS, PROCESSES, and SERVICESto gaina competitive advantage.
Netflix: Redefinning an Industry Internet + = DVDs + “No More Late Fees” Postal Service
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
Innovation is a key corporate priority “To what extent does your organization’s strategy depend on innovation for its long term success?” Totally Largely Moderately Minimally Not at All Don’t Know 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 Commitment Support of CEO to Innovation Frequency of Innovation Execution Pace and speed of innovation Source: Accenture Innovation Survey, 2007-8
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
A Process is Required to Facilatate Innovation Success Innovation Process Management Creativity Process “A process is required to encourage, identify and deliver innovation”
Innovate: Identify & Select Ideas Strategize Capture Formulate Evaluate Define Select Define & Prioritize Business Strategy IMO Review IMO Review Portfolio Analysis Portfolio Analysis Capture Idea Approval Approval Run Enterprise Search Build High Level Business Case Build Project Team Build Detailed Business Case Peer Rating & Review To Deliver
Tools: It's More than Just the EPM Solution Strategize Capture Formulate Evaluate Define Select Unstructured Collaboration Structured Collaboration
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
A Demo Storyline Strategize Capture Formulate Evaluate Define Select Patrick Hines IMO Patrick Hines IMO Patrick Hines IMO Fabrikam Executives H E Chris Ashton Idea Submitter F G D B Kim Ralls Project Manager C Lisa Miller Reviewer To “Deliver” Kate TaneyhillDesigner
IPM Architecture Idea Submission & Management Idea Home Site & Reporting Idea Workspace Idea Portfolio Selection Resource Mgmt & Schedule Mgmt Enterprise Reporting My Site Idea Portal Project & Portfolio Center Forms Server Enterprise Search Excel Services Project Portfolio Server 2007 Project Server 2007 SharePoint Server 2007 EPM Solution Windows SharePoint Services 3.0 Windows Workflow Foundation SQL Server 2005 Windows Server 2003 R2
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 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 External Audience BDM Presentation Silverlight Demo Image Virtual PC Demo Image EPM Connect Hosted Tour PS Presenter’s Script Wp Whitepaper Internal Audience DS Datasheet
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