Strategic or financial value of the innovation portfolio?

Portfolio optimization objectives In different companies, I see different criteria (or better: different emphasis across criteria) to discuss what makes the best innovation portfolio. Some insist on a strategic scoring mechanism that weighs in strategic fit and attractiveness criteria. Others insist on financial valuation: e.g. by Net Present Value (NPV) or by Return on Investment (RoI) or similar.… Read More Strategic or financial value of the innovation portfolio?

Portfolio Management with a spreadsheet?

Do you often hear about spreadsheets as a good (even if basic) solution for portfolio management tooling? Ever since we offer an alternative solution (FLIGHTMAP)  I have come to appreciate the downside of spreadsheet-based portfolio management hands-on. Thinking about the issue I see three main reasons why using spreadsheets is a bad idea: 1. Spreadsheets are inefficient One… Read More Portfolio Management with a spreadsheet?

5 key elements of innovation portfolio management process

Earlier this week, one of my clients asked me my opinion about portfolio management process models. I remembered a presentation I prepared two years ago to answer that question and reviewed the slides. They summarize the 5 key elements of a good portfolio management process. Definition of good portfolio management Establishing what makes good portfolio management, I started with… Read More 5 key elements of innovation portfolio management process

Scenario thinking supports innovation

In an excellent blog post, Caspar van Rijnbach presents the scenario thinking approach: http://www.innovationmanagement.se/2012/02/01/how-scenario-planning-can-help-you-innovate-better/. His closing remarks: So what about you and your company, are you prepared for different scenarios? Does your innovation portfolio and pipeline reflect this? Where scenario thinking is build into the innovation portfolio management process, it becomes an organizational competence. Developing new scenarios… Read More Scenario thinking supports innovation