Managing Your Innovation Portfolio

Description

Administración de Empresas Mind Map on Managing Your Innovation Portfolio, created by VIVIANA GARCIA on 08/10/2016.
VIVIANA GARCIA
Mind Map by VIVIANA GARCIA, updated more than 1 year ago
VIVIANA GARCIA
Created by VIVIANA GARCIA over 7 years ago
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Resource summary

Managing Your Innovation Portfolio
  1. Management knows it
    1. year viability of a company de- pends
      1. its
        1. ability to innovate
    2. Your Innovation Ambition
      1. novel creation that produces value
        1. their
          1. goal should be to construct the portfolio
            1. that
              1. produces the highest overall return
        2. One tool we’ve developed
          1. is the
            1. Innovation Am- bition Matrix
              1. to help
                1. ompanies allocate funds among growth initiatives
                  1. draw on
                    1. assets the company
        3. Strike and Maintain the Right Balance
          1. managers should consider
            1. the findings of
              1. research we conducted recently.
            2. better performance
              1. what it implies
                1. the balance between short- term, predictable growth and longer-term bets.
              2. Most companies
                1. are
                  1. eavily oriented toward core innovation
                    1. Transformational initiatives
                      1. are
                        1. the en gines of blockbuster growth.
              3. Organize and Manage the Total Innovation System
                1. Targeting
                  1. healthy balance of core
                    1. and
                      1. transformational innovation
                        1. is a vital step toward managing a total innovation portfolio
                          1. It needs
                            1. different people
                              1. ifferent motivational factors
                                1. different support systems
                    2. three levels of innovation ambition.
                      1. Talent
                        1. Integration
                          1. Pipeline management
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