Introducing Sopheon s Solutions for Integrated Innovation Management. Copyright Sopheon plc. All rights reserved worldwide. Next
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1 Introducing Sopheon s Solutions for Integrated Innovation Management Copyright Sopheon plc. All rights reserved worldwide. Next
2 Copyright Sopheon plc. All rights reserved worldwide. This work is licensed under the Creative Commons Attribution Non-Commercial No Derivatives Works 3.0 License. You may share, distribute and transmit this work; Under the following conditions: Attribution You must attribute the work in the manner specified by the author or licensor (but not in any way that suggests that they endorse you or your use of the work). Noncommercial You may not use this work for commercial purposes. No Derivative Works You may not alter, transform, or build upon this work. You may view a copy of this license at Creative Commons. This is Copyright material you may not copy or use it except as described above. Copyright Sopheon plc. All rights reserved worldwide. 2 of 12
3 It is widely accepted by CEOs and senior business leaders that innovation is the foundation of longterm, profitable revenue growth. According to PwC, 97% of CEOs see innovation as a key priority for growth. 1 So why are innovation processes some of the slowestevolving, least-improved business processes in the corporate world? And given the digital technology revolution we live in, why do so many companies still manage innovation programs, plans and portfolios in Microsoft PowerPoint presentations and Excel spreadsheets? For fifteen years, Sopheon has worked with some of the world s leading companies, a number of them in the Aerospace industry, helping them to define and adopt new leading practices for innovation across the enterprise, and providing a technology platform that positions them for better performance. 1 Breakthrough Innovation and Growth, PwC, 2013 Copyright Sopheon plc. All rights reserved worldwide. 3 of 12
4 Sopheon s mission is to help our customers achieve exceptional long-term growth and profitability through sustainable innovation We do this by providing software, service and best practices that cut through corporate complexity to increase the return on innovation investments Copyright Sopheon plc. All rights reserved worldwide. 4 of 12
5 We developed our Accolade solution in 2000 when we saw so many companies with a gap between their strategic growth ambitions and the development activities required to move them there. Many systems and processes existed within each business function, but these were in silos with no crossfunctional processes to ensure that valuable resources were focused on the growth opportunities with the greatest payoff. Copyright Sopheon plc. All rights reserved worldwide. 5 of 12
6 Sopheon s Integrated Innovation Management solutions close this gap by providing a platform for the cross-functional decision making to effectively define and manage all types of innovation investments. Companies that effectively manage these decision-making practices position themselves to win more opportunities through innovative capabilities, initiatives, and solutions which creates sustainable, profitable revenue growth. Integrated Innovation Management More Innovative Initiatives, Capabilities and Solutions Sustainable Profitable Revenue Growth Copyright Sopheon plc. All rights reserved worldwide. 6 of 12
7 The impact of these changes is material and measureable. Effective Integrated Innovation Management creates these kinds of improvements in business metrics: Improvements in the success rate of initiatives moving from an average of 50% to as high as 85%. Improvements in cycle time/time to value by 15-30%. Improvements in portfolio value by up to %. Integrated Innovation Management ~75-85% Success Rate = ~50-55% Time to Value = % Portfolio Value = % Sustainable Profitable Revenue Growth Copyright Sopheon plc. All rights reserved worldwide. 7 of 12
8 Operating Profit We define innovation simply and practically as new value creation. TARGET $YM We enable a diverse range of valuecreation initiatives: IT Initiatives Business acquisition Capability planning Program development IRAD/CRAD Process improvement M&A integration IT initiatives And more CURRENT $XMM FY15 New Capability/ IRAD/ Initiatives Business Capture/ Program Management M&A Integration/ Synergy Initiatives Cost Reduction/ Field Support Initiatives FY20 Copyright Sopheon plc. All rights reserved worldwide. 8 of 12
9 Integrated Innovation Management improves cross-functional decisionmaking across the entire innovation lifecycle from strategy to execution, and from long-term to near-term. Our solutions address the four key decisions to be made during this cycle. Key Decisions Across the Innovation Lifecycle How do we optimize the capture pipeline to achieve our performance goals? Strategy Short-Term Long-Term How do we know which capability investments will bring sustainable growth? We bring together the required people, processes and knowledge to ensure these decisions are made with maximum effectiveness and value for your organization. Execution How do we ensure this program will achieve its capability goals? How do we cultivate the best candidate ideas through our networks of expertise? Copyright Sopheon plc. All rights reserved worldwide. 9 of 12
10 We can help you assess your process discipline......and plan your journey to world-class Integrated Innovation Management in just 3 easy steps 1: Establish a Baseline Evaluate your current organizational strengths within four areas of innovation discipline: Capability Planning Capture Management Process Development Project Selection 2: Measure the Value Identify quantifiable goals of improvement across standardized value dimensions: Success Rate Capability Value Throughput Time to Value Cost Avoidance 3: Plan the Journey Create a pragmatic approach appropriate for your organization that considers: Process Scope Organizational Adoption Performance Goals Timing Milestones Decision Cadence Copyright Sopheon plc. All rights reserved worldwide. Next
11 10. Fully enable multiple, diverse types of enterprise portfolios 9. Powerful, highly-efficient initiative planning and scheduling 8. Most configurable and flexible process modeling engine in the market 7. One-of-a-kind support for top-down resource planning 6. One-of-a-kind ability to optimize portfolios across multiple constraints 5. Sopheon s own customer-centric and accelerated innovation processes 4. Implement with experts that understand business, not just technology years of proven success with large, global complex clients 2. Sopheon s focus on users, usability and saving people time 1. The most complete solution for the entire innovation lifecycle Sopheon Provides Global Solutions Copyright Sopheon plc. All rights reserved worldwide. 11 of 12
12 We would be delighted to share more with you about how we improve Integrated Innovation Management, and discuss how we can help your company achieve world-class innovation performance. To speak with one of our innovation specialists, please call the office located nearest you: USA/Worldwide United Kingdom +44 (0) Netherlands +31 (0) Germany +49 (0) Click here to us We look forward to the opportunity to help you improve your innovation results, and create new value and growth for your company. Click here for the contact form on our website Copyright Sopheon plc. All rights reserved worldwide. 12 of 12
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