Are you making the most of your innovation resource? Or are your processes holding innovation back?
Research shows that 60% of innovation spending does not deliver a benefit to the company. The problem is that research does not show which 60%. At Perth Innovation, we work with your innovation team to find the core issues and to help you to develop an effective and efficient innovation process that delivers for your business.
Clear process advantage
By looking at the various levels in the innovation process, we can help you design a robust process that makes sure that your innovation process delivers real benefit to your company. We focus on key process areas:
- Portfolio Management: How do you ensure that your innovation strategy supports delivery of your business strategy? How do you ensure a robust process for selecting innovation projects which will deliver your business strategy? How do you monitor portfolio performance?
- Project Management: How do you ensure that your innovation projects are effectively and efficiently managed? How do you ensure projects deliver? How do you ensure that project managers, project leaders and team members have the required skills.?
- Idea Management: How do you ensure that you have enough good ideas for new projects? How do you ensure that ideas are generated in the areas that support the innovation and business strategies? How do you bring a raw idea to the point of a project proposal?
Our experience of the full range of the innovation process, from idea generation to final project close-out, allows us to help you develop a balanced process that avoids bottlenecks and delays.