www.globalnpsolutions.com/idea-incubator/
1 Idea Insights from GNPS
Driving Innovation through Strategy
Episode 15-29
www.globalnpsolutions.com/idea-incubator/
2 Idea Insights from GNPS
What is Strategy
• Encompasses mission, vision, value
• Introduces organizational change• Reach a desired future state• Decisions of investment• Short-, medium-, and long-term
• How does the company grow profitably
www.globalnpsolutions.com/idea-incubator/
3 Idea Insights from GNPS
Portfolio Management
• Tactical strategic alignment
• Dynamic selection of active projects
• Senior management determines:• Innovation culture• Proper allocation of resources• Ensures consistency
www.globalnpsolutions.com/idea-incubator/
4 Idea Insights from GNPS
Structured NPD Process
• Operational implementation of innovation strategy
• Advance each individual project• Mid-level management• Decisions align with goals
• Gate meetings• Review of prior work• Approve future project plans
www.globalnpsolutions.com/idea-incubator/
5 Idea Insights from GNPS
For More Information
• See the full post at the Idea Incubator Blog• www.globalnpsolutions.com/idea-incubator/• Free registration
• Contact me!• 1-281-280-8717• [email protected]• 2323 Clear Lake City Blvd., #180-177 Houston, TX 77062
Click here