Project Portfolio Management. Breaking through the barrier to sustained growth and profitability

Size: px
Start display at page:

Download "Project Portfolio Management. Breaking through the barrier to sustained growth and profitability"

Transcription

1 Project Portfolio Management Breaking through the barrier to sustained growth and profitability Dr. Jim Wasson, PMP October 8, 2013

2 Presentation Topics What is Project Portfolio Management? Why is Project Portfolio Management Needed? Strategic Management for Product Innovation Product Technology Life Cycle Management Portfolio of Options versus Risk and Reward Selection Criteria for Balanced Project Portfolios Strategic Project Portfolio Management Model Closing Thoughts Dr. Jim Wasson, PMP President, Growth Strategies International LLC Technology investment strategies, business development, and project management for the development and manufacture of new products to achieve profitable and sustainable growth in the international market

3 Project Portfolio Management Defined Project Management deals with the planning and execution of projects using standards processes and methodologies Project Portfolio Management (PPM) deals with the planning and execution of the business strategy aligned with a group of projects PPM identifies, prioritizes, authorizes, manages and controls projects to achieve specific strategic objectives Inventory, categorize and classify proposed projects Evaluate and score projects based on weighed criteria Select and prioritize projects, align scope, assign resources Conduct project reviews, make adjustments and report results

4 The Current Environment U.S. Department of Commerce U.S. manufacturing output rose 73% between 1993 and 2012 U.S. manufacturing produces $1.7T of value annually or 11.7% of GDP U.S. exports of manufactured goods topped $1.2T in 2012 Research & Development (product innovation) accounts for 7% GDP growth United Nations Industrial Development Organization U.S. remains the world s largest manufacturer with 24% of the world s manufacturing output - China comes in second at 15% U.S. Department of Labor U.S. manufacturing jobs peaked at 19.5M in by 2011 only 11.4M jobs Technological change, automation and IT boost output and cut payrolls Labor shortages and widening skill gap to run automation systems Organic growth through product innovation and strategic project portfolio management can have a significant impact on the bottom line

5 Need for Project Portfolio Management BCG and AMR research results show: 41% of companies are increasing their R&D budgets >10% this year. However, 31% of executives feel that their new product development launch process is out of control, and 40% of executives said half of their new products fail! Why is that? Lack of a disciplined PPM approach to align projects with strategy using tools such as market/product technology roadmaps in business planning Lack of balance between incremental product improvement and innovation of revolutionary disruptive technologies for future growth Lack of horizontal integration and modular design across product lines leading to excessive cost and delay in being first to market

6 Strategic Management Model Source: Strategic Management: Formulation, Implementation and Control, John Pearce, Irwin McGraw Hill Feedback Loop Economic Social Political Technological Ecological Entry barriers Buyer Power Supplier Power Substitutes Competition Buyer Behavior Labor Availability External Environment Strategic Profitability Objectives Productivity Competitive Position Employee Development Employee Relations Technological Leadership Public Responsibility Vision and Mission Statement Strategic Analysis And Choice Strategic Control Product/Service and Customer/Market Goals: Survival, Growth, Profitability Philosophy: Self-Concept, Public Image Commitment to Stakeholders Internal Environment Strategies And Tactics Core Technical Competencies Past Performance Comparison Stage of Industry Evolution Benchmarking with Competitors Key Industry Success Factors Concentrated Growth Market Development Product Development Innovation Horizontal Integration Vertical Integration Concentric Diversification Conglomerate Diversification Reformulation / Turnaround Divestiture or Liquidation Joint Ventures Strategic Alliances Consortia

7 Project Portfolio Management - Strategic Objectives Become and Remain a World Class Leader Maintain an Edge in Product Quality and Innovation Have a Competitive Advantage in Production Productivity and Reduced Costs Be Responsive to Customer Interests and Needs Have Major Breakthroughs That Create New Market Opportunities 7

8 The nature of business is to make our own products obsolete. If we do not do it ourselves, our competition will do it for us. That is why we always try to come up with something new. That is our initiative our driving force. Akio Morita Co-founder, Chairman, CEO Sony Corporation

9 Operations Project Management Spectrum - From R&D to Manufacturing to Product Support Pre-Concept Refinement Material Solution Analysis Technology Development Engineering and Manufacturing Development Production & Deployment Technology Readiness Levels 9

10 New Product Evaluation - an Iterative and Continual Process Source: Third Generation R&D: Managing the Link to Corporate Strategy, Harvard Business School Press WHAT ARE WE TRYING TO DO IN THE BUSINESS? WHAT WILL WE SUPPORT IN R&D? New Product Evaluation Customer Value? Competitive Advantage? Return on Investment? Requirements Risk? Technical Risk? HOW CAN R&D CONTRIBUTE? WHAT CAN WE AFFORD? WHAT ARE THE COSTS/BENEFITS AND RISKS?

11 Product Technology Maturity Source: Third Generation R&D: Managing the Link to Corporate Strategy, Harvard Business School Press Predictability Technological Maturity Time to Commercialization Knowledge of Competitive R&D Technical Reward R&D Costs Durability of Commercial Advantage Embryonic 7-15 years Poor Poor Fair Poor High Growth 2-7 years Fair- Moderate Fair High Moderate Moderate Mature 1-4 years High High High High Fair Aging 1-4 years High Very High Very High Very High Short 11

12 Product Life Cycle Source: Third Generation R&D: Managing the Link to Corporate Strategy, Harvard Business School Press EMBRYONIC GROWTH MATURE AGING SUSTAIN COMPETITIVE POSITION RENEW? REVENUE $ LAUNCH NEW BUSINESS ESTABLISH COMPETITIVE POSITION GROW NEW BUSINESS IMPROVE COMPETITIVE POSITION EXTEND RANGE OF PRODUCTS REJUVENATE? DIFFERENTIATION COST REDUCTION ABANDON? CUSTOMER SUPPORT COST REDUCTION IMPROVE FEATURES REDUCE COST INDUSTRY MATURITY

13 Market Share Product Life Cycle Management 100% Bubble Size reflects Market Size Potential Bread & Butter: solid, reliable business Pearls: rare & beautiful 75% Arrows depict Product Life Cycle 50% White Elephants: unlikely to flourish Oysters: high potential, but uncertain Expected Value $M $M 2010 T1 Investment Orders Business Case $ 1.65/ Potential T2 Investment Cash NPV Cash P&L In Plan Upside Past To Go Sales ROS IRR Break 10% Product A % 43% 4 years 9.8 Product B % 454% 2 years 7.1 Product C % 68% 6 years 39.9

14 Project Portfolio Risk and Reward Model Source: University of Pennsylvania, Wharton School of Business, Mack Center for Technological Innovation, George S. Day New to Company P(S)= P(S)= P(S)= Discontinuities Product/ Technology Adjacent P(S)= Expansion into adjacencies Exploration Market Penetration Present P(S) = Probability of Success P(S)= Present Adjacent New to Company End-Use Market* *Market means customers, not geographies

15 Technical Uncertainty Portfolio of Options Approach Source: Ian C. MacMillan and Rita Gunther McGrath, Crafting R&D Project Portfolios, Research Technology Management, Sep-Oct 2002 High Positioning Options Stepping- Stone Options Medium Platform Launches Scouting Options Enhancement Launches Low Low Medium High Market Uncertainty

16 Portfolio of Options versus Risk/Reward Source: University of Pennsylvania, Wharton School of Business, Mack Center for Technological Innovation, George S. Day New to Company Positioning Options Stepping- Stone Options Product/ Technology Adjacent Platform Launches Scouting Options Enhancement Launches Present P(S) = Probability of Success Present Adjacent New to Company End-Use Market* *Market means customers, not geographies

17 Example of a Balanced Product Portfolio New to Company 5 4 Growth Business Product Launches Emerging Opportunities Scouting Options 3 Product/ Technology Adjacent 2 Core Business Product Enhancements 1 Present Projected 5-Year Revenue >$1B Revenue = $50M to $999M Present Adjacent New to Company End-Use Market* Revenue = <$50M

18 Risk Project Portfolio Selection Criteria Scouting/Positioning Launches Enhancement Launches Horizon 1 Core Business Sales Forecast (Orders) Financial (IRR & ROS) Platform Launches Horizon 2 Growth Business Horizon 1 criteria plus Strategic Alignment Revenue Growth Market Share Risk Factors Horizon 3 Emerging Opportunities Horizon 2 criteria plus Business Model Technical Maturity Market Acceptance 0-3 years 3-5 years 5-10 years

19 Strategic Project Portfolio Management Model SYSTEM STUDIES NEW PROD RQMTS DERIV PROD RQMTS PROD IMPROV RQMTS CUSTOMER CONTACT ACTIVITY TECHNICAL EXCHANGES TRANSITION TO PRODUCT MARKET ASSESSMENT EXTERNAL ENVIRON EVOLVING MARKETS CUSTOMER NEEDS PROD LIFE CYCLES TECHNOLOGY ASSESSMENT TECH ASSESS TECH CONFERENCE TECH DEMOS TECH INTERCHANGE MEETINGS (TIMs) COMPETITIVE ASSESSMENT CONTRACT AWARDS PUBS / PATENTS CUST SURVEYS INTERNAL SURVEYS CONTRACT R&D PROJECTS SWOT ASSESSMENT MARKET TRENDS CUST REQMTS CRAD OPP / FUND CAPABILITY GAPS TECH WEAKNESS COMP THREATS TECHNOLOGY TRANSITION PLAN COLLABORATIVE PROJECTS (CO-CREATION) STRATEGIC MANAGEMENT PLAN STRATEGIC PROFILE BUSINESS MODEL MARKET ROADMAPS CAPABILITY NEEDS TECH THRUSTS ENABLING TECH PROD PORTFOLIO TECH ROADMAPS PROD DEVEL PLAN PROJECT MGT PLAN RESOURCE PLAN SYSTEMS INTEGR MANUFACTURING QUALITY & SAFETY INTERNAL R&D PROPOSALS HORZ TECHNOLOGY INTEGRATION MODULAR DESIGN OPEN ARCHITECTURE IRAD PROJECTS BID & PROPOSAL BUSINESS DEVELOPMENT PLAN CAPTURE STRATEGY POSITIONING PLAN SALES FORECAST MARKETING MIX PILOTS & DEMOS

20 Closing Thoughts Strategic Management for Product Innovation PPM is derived from environmental analysis and choice of objectives, strategies and tactics. Product Technology Life Cycle Management Revenue growth depends on product evolution and industry maturity. Any portfolio needs a balance. Portfolio of Options versus Risk and Reward Diversifying portfolio into new technologies and new markets has risks but also potential high rewards. Selection Criteria for Balanced Project Portfolios Criteria should be tailored based on technical maturity and time to market to manage risks. Strategic Project Portfolio Management Model A structured process is needed to align Strategy, Portfolio, Programs, Projects and Operations. 20

21 Other people see things and say why But I dream of things that never were and say why not. George Bernard Shaw ( ) Thank You

Principles of IT Governance

Principles of IT Governance Principles of IT Governance Governance of enterprise IT focuses on delivering services to support top line growth while moving operational savings to the bottom line. The management of IT services has

More information

Module 7 8/12/2010. What types of strategies are used by organizations? How are strategies formulated and

Module 7 8/12/2010. What types of strategies are used by organizations? How are strategies formulated and Module 7 Module 7 Strategy and Strategic Management What types of strategies are used by organizations? How are strategies formulated and implemented? 7.1 Types of organizational strategies Comprehensive

More information

II B.Com(International Business) [2014-2017] Semester III Core:International Business Strategy-317C Multiple Choice Questions.

II B.Com(International Business) [2014-2017] Semester III Core:International Business Strategy-317C Multiple Choice Questions. 1 of 22 8/8/2015 12:22 PM Dr.G.R.Damodaran College of Science (Autonomous, affiliated to the Bharathiar University, recognized by the UGC)Reaccredited at the 'A' Grade Level by the NAAC and ISO 9001:2008

More information

Contents. Part- I: Introduction to Services Marketing. Chapter 1 Understanding Services 3-22. Chapter 2 The Nature of Services Marketing 23-38

Contents. Part- I: Introduction to Services Marketing. Chapter 1 Understanding Services 3-22. Chapter 2 The Nature of Services Marketing 23-38 Contents Part- I: Introduction to Services Marketing Chapter 1 Understanding Services 3-22 Chapter 2 The Nature of Services Marketing 23-38 Part- II: The Customer Experience Chapter 3 Consumer Behavior

More information

QUIZ 1 BMFP 4542 PROJECT MANAGEMENT 2010 2011*

QUIZ 1 BMFP 4542 PROJECT MANAGEMENT 2010 2011* QUIZ 1 BMFP 4542 PROJECT MANAGEMENT 2010 2011* Name:... No. Matrix:... 1A. Which of the following is not considered to be a characteristic of a project? A) an established objective B) only for internal

More information

5 Keys to Effective Innovation and New Product Development (NPD) Planning. Copyright Sopheon plc. All rights reserved worldwide.

5 Keys to Effective Innovation and New Product Development (NPD) Planning. Copyright Sopheon plc. All rights reserved worldwide. 5 Keys to Effective Innovation and New Product Development (NPD) Planning Next Copyright Sopheon plc. All rights reserved worldwide. This work is licensed under the Creative Commons Attribution Non-Commercial

More information

Portfolio Management

Portfolio Management Portfolio Management Portfolio Management It is top management responsibility that requires the assessment of strengths and weaknesses of the current portfolio of businesses, in order to define the priorities

More information

Chapter. Developing Business / IT Strategies. Copyright 2008, The McGraw-Hill Companies, Inc. All rights reserved.

Chapter. Developing Business / IT Strategies. Copyright 2008, The McGraw-Hill Companies, Inc. All rights reserved. Chapter 6 Developing Business / IT Strategies McGraw-Hill/Irwin Copyright 2008, The McGraw-Hill Companies, Inc. All rights reserved. 2-2 Learning Objectives Discuss the role of planning in the business

More information

The expression better, faster, cheaper THE BUSINESS CASE FOR PROJECT PORTFOLIO MANAGEMENT

The expression better, faster, cheaper THE BUSINESS CASE FOR PROJECT PORTFOLIO MANAGEMENT Cloud Solutions for IT Management WHITE PAPER THE BUSINESS CASE FOR PROJECT PORTFOLIO MANAGEMENT How Progressive IT Organizations Are Using Hosted Solutions To Deliver On Time, On Budget, On Quota and

More information

Total Quality Management (TQM) presented by Dr. Eng. Abed Schokry

Total Quality Management (TQM) presented by Dr. Eng. Abed Schokry Department of Industrial Engineering Total Quality Management (TQM) presented by Dr. Eng. Abed Schokry Policy, strategy and goal deployment Chapter 4 ١ Chapter 4: Learning Outcomes After successful studying

More information

Principles of Execution. Tips and Techniques for Effective Project Portfolio Management

Principles of Execution. Tips and Techniques for Effective Project Portfolio Management Principles of Execution Tips and Techniques for Effective Project Management Roadmap Develop A Shared Vision for Management Understanding the Difference between Project Management Reviews and Management

More information

Track 1 Business & Entrepreneurship Education

Track 1 Business & Entrepreneurship Education Track 1 Business & Entrepreneurship Education iexec The course provides ICT related business education that enables learners to develop new strategies to transform their organization and business through

More information

Guidelines Business Plan

Guidelines Business Plan Guidelines Business Plan and Innovation CTI Jurors evaluate business plans and provide feedback entrepreneurs in 9 areas and VCs in 4 areas Objectives Elements of evaluation Relevant for ranking 1 Jurors

More information

MBA Data Analysis Pad John Beasley

MBA Data Analysis Pad John Beasley 1 Marketing Analysis Pad - 1985 Critical Issue: Identify / Define the Problem: Objectives: (Profitability Sales Growth Market Share Risk Diversification Innovation) Company Mission: (Source & Focus for

More information

Key Terms. DECA Ryerson 2015-16 Case Guides Business to Business Marketing

Key Terms. DECA Ryerson 2015-16 Case Guides Business to Business Marketing Key Terms Acquisition Costs: The incremental costs involved in obtaining a new customer. Agent: A business entity that negotiates, purchases, and/or sells, but does not take title to the goods. Benchmark:

More information

Project Governance. Version: June 3, 2010 By: Dr Ralf Müller PM Concepts AB www.pm-concepts.com [email protected]

Project Governance. Version: June 3, 2010 By: Dr Ralf Müller PM Concepts AB www.pm-concepts.com ralf.mueller@pm-concepts.com Project Governance Dr Ralf Müller Managing Director, PM Concepts AB, Sweden Adjunct / Associate Professor, SKEMA Business School, France, Norwegian School of Management BI, Umeå University, Sweden Version:

More information

Bankable Business Plans

Bankable Business Plans Bankable Business Plans Most people who aim at nothing hit it with remarkable accuracy! Presented by: Brendan Binchy E: [email protected] M :+353-862657321 W: www.rocg.com Fundamentals Reporting

More information

Delivering Corporate Social Responsibility through Project Portfolio Management

Delivering Corporate Social Responsibility through Project Portfolio Management Delivering Corporate Social Responsibility through Project Portfolio Management Project portfolios are comprised of projects that widely differ in value; vary by their short- and longterm benefits, their

More information

Community Futures Management Consultant in a Box

Community Futures Management Consultant in a Box Community Futures Management Consultant in a Box Strategic Business Planning Purpose of this Document The purpose of this document is to provide you with the process that a management consultant would

More information

Five Integration Best Practices that will Make or Break a Software M&A Transaction

Five Integration Best Practices that will Make or Break a Software M&A Transaction Five Integration Best Practices that will Make or Break a Software M&A Transaction Industry Whitepaper by Waterstone Management Group Mark Hauser, Partner Nick Latz, Senior Associate Carolanne Fried, Analyst

More information

The Entrepreneurial Way

The Entrepreneurial Way The Entrepreneurial Way Workshop Wednesday 30 January The Essentials of Marketing Fiona Mulliner Today s Session What marketing is Where marketing fits into a business How to develop a robust marketing

More information

Hit the Ground Running Modernizing Your Sales New Hire Onboarding. January 28, 2015

Hit the Ground Running Modernizing Your Sales New Hire Onboarding. January 28, 2015 Hit the Ground Running Modernizing Your Sales New Hire Onboarding January 28, 2015 Your Presenter: Brian Lambert, PhD Oxygen Learning Consulting Practice Leader Training outsourcing and services Variety

More information

T O O L K I T. 5 Steps to Build a Hosting Business. Hosting Business Tool Kit

T O O L K I T. 5 Steps to Build a Hosting Business. Hosting Business Tool Kit 5 Steps to Build a Hosting Business HOSTING BUSINESS T O O L K I T Strategies and Tactics to PLAN, GROW and PROFIT as a Hosting Service Provider Internet Names for Business Inc. All rights reserved. Page

More information

Leading Financial Services firm overhauls Corporate Performance Management Ecosystem to Achieve Predictability in Financial Performance

Leading Financial Services firm overhauls Corporate Performance Management Ecosystem to Achieve Predictability in Financial Performance Leading Financial Services firm overhauls Corporate Performance Management Ecosystem to Achieve Predictability in Financial Performance Abstract A leading financial services firm in the Asia-Pacific region

More information

THE PROCESS OF STRATEGIC PLANNING

THE PROCESS OF STRATEGIC PLANNING THE PROCESS OF STRATEGIC PLANNING ARTICLE #1 OF 10 INTRODUCTION TO STRATEGIC PLANNING Strategic planning is to a business what a map is to a road rally driver. It is a tool that defines the routes that

More information

Masters in Engineering and Management of Technology Masters in engineering Design Introduction to Entrepreneurship and New Venture Creation

Masters in Engineering and Management of Technology Masters in engineering Design Introduction to Entrepreneurship and New Venture Creation Masters in Engineering and Management of Technology Masters in engineering Design Introduction to Entrepreneurship and New Venture Creation Rui Baptista Analyzing New Ventures: Opportunity Screening Entrepreneurship

More information

STRATEGIC DEVELOPMENT PLAN

STRATEGIC DEVELOPMENT PLAN STRATEGIC DEVELOPMENT PLAN Dawn Decaminada 330 W. Church St Bartow Florida 33830 863-534-5915 [email protected] The Polk County Small Business Assistance Center is a free service provided by the Polk County

More information

Strategic Management Process: Strategy formulation 3.

Strategic Management Process: Strategy formulation 3. Strategic Management Process: Strategy formulation 3. By: Prof. Dr. András s NábrN brádi PhD, MBA University of Debrecen Faculty of Ag. Economics and Rural Development Dept.: Business Management and Marketing

More information

Agenda Overview for Marketing Management, 2015

Agenda Overview for Marketing Management, 2015 G00270720 Agenda Overview for Marketing Management, 2015 Published: 18 December 2014 Analyst(s): Richard Fouts Increased participation in strategic business decisions and an evolving organization put new

More information

Applying Six Sigma at 3M

Applying Six Sigma at 3M Applying at 3M David Osten Copyright 3M 2002-2003 P r e s s u r e S e n s i t i v e T a p e C o u n c i l 3M Company Vision & Values To be the most innovative enterprise and the preferred supplier. Values

More information

Oliver Wight Sales & Operations Planning and Demand Management as a Competitive Differentiator

Oliver Wight Sales & Operations Planning and Demand Management as a Competitive Differentiator Oliver Wight Sales & Operations and Demand Management as a Competitive Differentiator James Small Oliver Wight 1 Business Drivers and Benefits of Integrated Business (S&OP) % Respondents -- Business Drivers

More information

Management Information Systems

Management Information Systems Chapter 2 Compiled By: Muzammil Ahmad Khan Muhammad Kashif Shaikh 2-1 MIS Books Text Book 1. Management Information System, 8 th Edition By: James A. O' Brien, George Marakas Reference Books 1. Management

More information

POL ENTERPRISE RISK MANAGEMENT SC51. Executive Services Department BUSINESS UNIT: Executive Support Services SERVICE UNIT:

POL ENTERPRISE RISK MANAGEMENT SC51. Executive Services Department BUSINESS UNIT: Executive Support Services SERVICE UNIT: POL ENTERPRISE RISK MANAGEMENT SC51 POLICY CODE: SC51 DIRECTORATE: Executive Services Department BUSINESS UNIT: Executive Support Services SERVICE UNIT: Executive Support Services RESPONSIBLE OFFICER:

More information

Intelligent Customer Function (ICF)

Intelligent Customer Function (ICF) CAPABILITY AUDIT FOR HEIs Higher Education Institutions (HEIs) should organically develop their own to successfully manage the process of strategic sourcing. The capability audit provides an assessment

More information

How to manage your return on investment in innovation

How to manage your return on investment in innovation 66/67 How to manage your return on investment in innovation Reaping the most from innovation investments Michaël Kolk, Rick Eagar Any CTO or Innovation Leader will be very familiar with the following question

More information

White Paper from Global Process Innovation. Fourteen Metrics for a BPM Program

White Paper from Global Process Innovation. Fourteen Metrics for a BPM Program White Paper from Global Process Innovation by Jim Boots Fourteen Metrics for a BPM Program This white paper presents 14 metrics which may be useful for monitoring progress on a BPM program or initiative.

More information

EXPORT IMPORT BANK OF TRINIDAD AND TOBAGO

EXPORT IMPORT BANK OF TRINIDAD AND TOBAGO EXPORT IMPORT BANK OF TRINIDAD AND TOBAGO Evolution EXCICO 1973 EXIMBANK 1997 Vision To be the premier trade finance and credit insurance institution facilitating the national export thrust as the country

More information

CHAPTER 8: Organisational objectives, growth and scale

CHAPTER 8: Organisational objectives, growth and scale CHAPTER 8: Organisational objectives, growth and scale The Objectives of Organisations Key Revision Points Organisational goals can be classified into a number of categories: Those that aim to make a profit

More information

CSR / Sustainability Governance and Management Assessment By Coro Strandberg Principal, Strandberg Consulting www.corostrandberg.

CSR / Sustainability Governance and Management Assessment By Coro Strandberg Principal, Strandberg Consulting www.corostrandberg. Introduction CSR / Sustainability Governance and Management Assessment By Coro Strandberg Principal, Strandberg Consulting www.corostrandberg.com June 2015 Companies which adopt CSR or sustainability 1

More information

How To Make A Profit From Cloud Software

How To Make A Profit From Cloud Software Progress Software Presentation to Investors Jay Bhatt President & Chief Executive Officer April 25, 2012 Forward Looking Statements This presentation contains statements that are forward-looking statements

More information

Strategic Plan for Disney. Name. Institution

Strategic Plan for Disney. Name. Institution Running head: DISNEY CASE ANALYSIS 1 Strategic Plan for Disney Name Institution DISNEY CASE ANALYSIS 2 Table of Contents Introduction...3 Disney s Current Published Mission Statement...3 Proposed Mission

More information

The Future Perfect Supply Chain

The Future Perfect Supply Chain 53 Perimeter Center Suite 201 Atlanta, GA 30346 (877)237-4291 www.competitivelogistics.com The Future Perfect Supply Chain Achieving Responsiveness and Efficiency By Art Brown VP Professional Services

More information

BUS 401 BUSINESS POLICY AND STRATEGY I FOUNTAIN UNIVERSITY OSOGBO NIGERIA FIRST SEMESTER 2013/2014 ACADEMIC SESSION

BUS 401 BUSINESS POLICY AND STRATEGY I FOUNTAIN UNIVERSITY OSOGBO NIGERIA FIRST SEMESTER 2013/2014 ACADEMIC SESSION BUS 401 BUSINESS POLICY AND STRATEGY I FOUNTAIN UNIVERSITY OSOGBO NIGERIA FIRST SEMESTER 2013/2014 ACADEMIC SESSION Lecturer-in-Charge: AWOLAJA, AyodejiMuyideen B. Sc (Hons), M.Sc (OOU), Office: COMAS

More information

ក រអភ វឌ ឍន ម ឃ តធ ង ន ងយ ទ ធ ស ស រ តរប អងកក រច ត ត ងល ទ ទ ប នភ ពជ គជ យ បង ហ ត ដ យ ដ ក ភ ង ភកត ០៩៧ ៣ ៥៥ ៥៥ ៥២ ស កលវ ទ យ ល យគ រប គ រង ន ងដ ដ ឋក ច ច

ក រអភ វឌ ឍន ម ឃ តធ ង ន ងយ ទ ធ ស ស រ តរប អងកក រច ត ត ងល ទ ទ ប នភ ពជ គជ យ បង ហ ត ដ យ ដ ក ភ ង ភកត ០៩៧ ៣ ៥៥ ៥៥ ៥២ ស កលវ ទ យ ល យគ រប គ រង ន ងដ ដ ឋក ច ច ក រអភ វឌ ឍន ម ឃ តធ ង ន ងយ ទ ធ ស ស រ តរប អងកក រច ត ត ងល ទ ទ ប នភ ពជ គជ យ បង ហ ត ដ យ ដ ក ភ ង ភកត ០៩៧ ៣ ៥៥ ៥៥ ៥២ ស កលវ ទ យ ល យគ រប គ រង ន ងដ ដ ឋក ច ច 1 After study this chapter, students should be able to:

More information

FTA Technology 2009 IT Modernization and Business Rules Extraction

FTA Technology 2009 IT Modernization and Business Rules Extraction FTA Technology 2009 IT Modernization and Business Rules Extraction August 5th, 2009 _experience the commitment TM Agenda IT Modernization Business Rules Extraction Automation Tools for BRE BRE Cost and

More information

MODULE TITLE: Exploring Strategy

MODULE TITLE: Exploring Strategy SCHOOL OF ARTS, SOCIAL SCIENCES AND MANAGEMENT DIVISION OF BUSINESS, ENTERPRISE AND MANAGEMENT LEVEL 3 DIET 2 MODULE CODE: B3132 MODULE TITLE: Exploring Strategy DATE: 29 July 2013 WRITING TIME: 2 Hours

More information

Innovating the Distributor Value Proposition

Innovating the Distributor Value Proposition Innovating the Distributor Value Proposition Guy Blissett IBM George Vorwick United Electric Supply Andrew Berlin Berlin Packaging Dale Smith HD Smith January 29 th, 2014 Distributors acute need to define

More information

Frank P.Saladis PMP, PMI Fellow

Frank P.Saladis PMP, PMI Fellow Frank P.Saladis PMP, PMI Fellow Success factors for Project Portfolio Management The Purpose of Portfolio Management Organizational Assessment Planning a Portfolio Management Strategy The Portfolio Management

More information

Advanced Topics for TOGAF Integrated Management Framework

Advanced Topics for TOGAF Integrated Management Framework Instructor: Robert Weisman MSc, PEng, PMP CD [email protected] Advanced Topics for TOGAF Integrated Management Framework ROBERT WEISMAN CEO BUILD THE VISION, INC. WWW.BUILDTHEVISION.CA EMAIL:

More information

Five Integration Imperatives that will Make or Break a Software M&A Transaction

Five Integration Imperatives that will Make or Break a Software M&A Transaction Five Integration Imperatives that will Make or Break a Software M&A Transaction Industry Whitepaper by Waterstone Management Group Mark Hauser, Partner Nick Latz, Senior Associate Carolanne Fried, Analyst

More information

Financial Information

Financial Information Financial Information Solid results with in all key financial metrics of 23.6 bn, up 0.4% like-for like Adjusted EBITA margin up 0.3 pt on organic basis Net profit up +4% to 1.9 bn Record Free Cash Flow

More information

Gap analysis: an assessment of service users needs in a given field of service compared with services currently available.

Gap analysis: an assessment of service users needs in a given field of service compared with services currently available. NONPROFIT BUSINESS PLANNING PROJECT Available tools and approaches for planning One of the main purposes of the Nonprofit Business Planning Project is to contextualize current ways of thinking about planning.

More information

Growing Forward 2 In Newfoundland and Labrador

Growing Forward 2 In Newfoundland and Labrador Growing Forward 2 In Newfoundland and Labrador Business Plan Minimum Requirements Version1.0 Growing Forward 2 in Newfoundland and Labrador - 1 - Business Plan Minimum Requirements Minimum Requirements

More information

Planning, Strategy, and Competitive Advantage

Planning, Strategy, and Competitive Advantage Planning, Strategy, and Competitive Advantage Chapter 6 website Mark Gosling Office: D404 Phone: 5417 Learning Objectives LO1 Identify the three main steps of the planning process and explain the relationship

More information

The Value of Knowledge

The Value of Knowledge www.pwcacademy.rs The Value of Knowledge PwC Mini MBA Programme Programme Description Content 3 The Value of Knowledge 4 Duration Topics 5 Session 1 - Business Breakdown & Map 6 Session 2 - Corporate &

More information

Webinar: Defining and Implementing Effective Sourcing Strategies

Webinar: Defining and Implementing Effective Sourcing Strategies Webinar: Defining and Implementing Effective Sourcing Strategies Lew R. Roberts Adjunct Faculty, Gordon Institute of Business Science Lecturer and Consultant, Georgia Tech Supply Chain and Logistics Institute

More information

ENTREPRENEURSHIP EDUCATION FOR NIGERIAN POLYTECHNICS: CURRICULUM AND COURSE SPECIFICATIONS BY DR. SOLA ALIU EEd 126: INTRODUCTION TO ENTREPRENEURSHIP Understand the meaning and scope of Enterprise and

More information

Approaches to tackle the research-business gap Technology audit principles. Practical support mechanisms

Approaches to tackle the research-business gap Technology audit principles. Practical support mechanisms Dragomir Mihai Minsk, 27-28 th May 2015 [email protected] Approaches to tackle the research-business gap Technology audit principles. Practical support mechanisms 1 Did you know? According

More information

The Journey Starts Now

The Journey Starts Now The Journey Starts Now Inspiring Business Excellence Thought Leaders - Educators - Coaches - Mentors Lean On Us Practical experience Willing to get their hands dirty This is how clients describe Oliver

More information

Visual Enterprise Architecture

Visual Enterprise Architecture Business Process Management & Enterprise Architecture Services and Solutions October 2012 VEA: Click About to edit Us Master title style Global Presence Service and Solution Delivery in 22 Countries and

More information

APICS INSIGHTS AND INNOVATIONS SUPPLY CHAIN RISK CHALLENGES AND PRACTICES

APICS INSIGHTS AND INNOVATIONS SUPPLY CHAIN RISK CHALLENGES AND PRACTICES APICS INSIGHTS AND INNOVATIONS SUPPLY CHAIN RISK CHALLENGES AND PRACTICES APICS INSIGHTS AND INNOVATIONS ABOUT THIS REPORT This report examines the role that supply chain risk management plays in organizations

More information

A Sample Proposal. By Krish Srinivasan. A Trusted Client Partner Email [email protected]

A Sample Proposal. By Krish Srinivasan. A Trusted Client Partner Email krishsvasan@hotmail.com A Sample Proposal By Krish Srinivasan A Trusted Client Partner Email [email protected] inclination of IT Client towards a nascent entry into Healthcare Management Systems (HMS) & Clinical Information

More information

LECTURE 1 NEW SERVICE DESIGN & DEVELOPMENT

LECTURE 1 NEW SERVICE DESIGN & DEVELOPMENT LECTURE 1 NEW SERVICE DESIGN & DEVELOPMENT Learning Objectives 1. To discuss the new service development process and service design using service blueprint to align service concept with service delivery

More information

[email protected]

info@regionalbusinesspartners.co.nz Appendix 1: Qualifying Service Subjects Services covering the following subjects may qualify for the Voucher Scheme. SERVICES THAT ARE NOT ELIGIBLE INCLUDE Consultancy Services Staff and Industry Training.

More information

BUSINESS NAME. Applicant Name. You ve had the idea, that s the first step. But starting a good business will take persistence, enthusiasm and a lot of

BUSINESS NAME. Applicant Name. You ve had the idea, that s the first step. But starting a good business will take persistence, enthusiasm and a lot of BUSINESS NAME Applicant Name You ve had the idea, that s the first step. But starting a good business will take persistence, enthusiasm and a lot of hard work. A clear business plan is essential for all

More information

Best Practices in Strategic Planning

Best Practices in Strategic Planning Best Practices in Strategic Planning Charles Aubrey V.P. Performance Excellence AndersonBrecon An AmerisourceBergen Company 1 Foundation Where do We Begin? 2 HOSHIN KANRI Hoshin Kanri Policy Deployment

More information

Bridging the IT Business Gap The Role of an Enterprise Architect

Bridging the IT Business Gap The Role of an Enterprise Architect Whitepaper Bridging the IT Business Gap The Role of an Enterprise Architect Today s enterprises understand the value that Information Technology (IT) can bring to their business. IT supports day-to-day

More information

PROJECT PORTFOLIO MANAGEMENT: WHERE THEORY HITS THE ROAD

PROJECT PORTFOLIO MANAGEMENT: WHERE THEORY HITS THE ROAD PROJECT PORTFOLIO MANAGEMENT: WHERE THEORY HITS THE ROAD v2006.1 Prepared and presented by: Keith Farndale, PEng, PMP Procept Associates Ltd 125-1234 Kingston Road Toronto, Ontario M1N 1P3 416-693-5559

More information

CITY OF VAUGHAN EXTRACT FROM COUNCIL MEETING MINUTES OF FEBRUARY 17, 2015

CITY OF VAUGHAN EXTRACT FROM COUNCIL MEETING MINUTES OF FEBRUARY 17, 2015 EXTRACT FROM COUNCIL MEETING MINUTES OF FEBRUARY 17, 2015 Item 3, Report No. 5, of the Finance, Administration and Audit Committee, which was adopted without amendment by the Council of the City of Vaughan

More information

Healthcare Analytics Global market - Forecast to 2020

Healthcare Analytics Global market - Forecast to 2020 Brochure More information from http://www.researchandmarkets.com/reports/2888757/ Healthcare Analytics Global market - Forecast to 2020 Description: The analytics assist the healthcare organizations in

More information

Timing of Hiring a Turnaround Management Firm. Turnarounds & Crisis Management Solutions to Complex Business Problems

Timing of Hiring a Turnaround Management Firm. Turnarounds & Crisis Management Solutions to Complex Business Problems Solutions to Complex Business Problems Atlanta Chapter, Georgia Society of CPA s October 21, 2010 by Mark D. Kaplan, Principal Restructuring Profit Advisors, LLC 400 Trowgate Lane Atlanta, Georgia 30350

More information

The New Model for IT Service Delivery

The New Model for IT Service Delivery CEB CIO Executive Board The New Model for IT Service Delivery Volume II: Skills, Deployment, and Integration All Rights Reserved. VOLuME II: SKILLS, DEPLOyMENT, AND INTEGRATION Study roadmap 4 Service

More information

APPLE INC. BUS 478: Group Written Case Synopsis

APPLE INC. BUS 478: Group Written Case Synopsis APPLE INC. BUS 478: Group Written Case Synopsis Xiaoyi Zhuang Kelvin Cheung Edith Tang Jessica Xu Helen Li INTRODUCTION Background in Brief Apple is an American corporation that develops and sells computer

More information

Introduction to Business Planning

Introduction to Business Planning Introduction to Business Planning Course ID: 1044 - Credit Hours: 1 Author(s) Kevin Arnold, RN, BSN Disclosures None Audience All health care professionals. Accreditation KLA Education Services LLC is

More information

First Call/Visit Resolution Getting It Fixed the First Time

First Call/Visit Resolution Getting It Fixed the First Time RTM Consulting First Call/Visit Resolution Getting It Fixed the First Time Randy Mysliviec Managing Partner RTM Consulting 2 2015 All rights reserved. OVERVIEW Every field services or support services

More information

Mastering Metrics is a 15-credit mandatory module which sits within the suite of Level 6 modules.

Mastering Metrics is a 15-credit mandatory module which sits within the suite of Level 6 modules. Mastering Metrics Mastering Metrics is a 15-credit mandatory module which sits within the suite of Level 6 modules. To gain the CIM Level 6 Diploma in Professional Marketing a pass in both mandatory modules

More information

The Future of Mail and Transaction Documents

The Future of Mail and Transaction Documents The Future of Mail and Transaction Documents Direct Marketing Data Center Print Ouput Electronic Presentment Document and Content Management Customer Relationship Management This study examines in detail

More information

Lesson 1. Assessing the Marketplace

Lesson 1. Assessing the Marketplace Assessing the Marketplace Your first lesson consists of four assignments that cover the first four chapters. These assignments provide a useful overview of the contemporary marketing environment and all

More information

Driving PPM Adoption Through Effective Change Management

Driving PPM Adoption Through Effective Change Management Driving PPM Adoption Through Effective Change Management Presenters: David Boghossian, Founder, PowerSteering Software Jay Hoskins, PowerSteering Business PPM Consultant Welcome! Thank you for joining

More information

Strategic Marketing Planning Audit

Strategic Marketing Planning Audit Strategic Marketing Planning Audit Violeta Radulescu Lecturer, PhD., Academy of Economic Studies, Bucharest Email: [email protected] Abstract Market-oriented strategic planning is the process of

More information

Striking the balance between risk and reward

Striking the balance between risk and reward Experience the commitment Striking the balance between risk and reward in payments modernization Staying competitive in financial services requires meeting everincreasing customer expectations for digital

More information

Shaping. Business Strategy. Through. Competitive Intelligence. Strategic Use of. Intellectual Property Information

Shaping. Business Strategy. Through. Competitive Intelligence. Strategic Use of. Intellectual Property Information Shaping This project is funded by the EU Business Strategy Through Competitive Intelligence Strategic Use of Intellectual Property Information Strategic Planning Process Business Strategy Definition This

More information

Implementing an effective sales compensation plan. Accion Venture Lab

Implementing an effective sales compensation plan. Accion Venture Lab Implementing an effective sales compensation plan Accion Venture Lab Your sales compensation plan is a critical component of effectively growing your business Your sales staff will drive the growth of

More information

These functionalities have been reinforced by methodologies implemented by several of our customers in their own portfolio optimization processes.

These functionalities have been reinforced by methodologies implemented by several of our customers in their own portfolio optimization processes. ABSTRACT The goal of strategic portfolio planning is to create and maintain an ideal portfolio of projects that balances risk with return. In his book Portfolio Management for New Products, Stage-Gate

More information

Small Business Playbook for the

Small Business Playbook for the Small Business Playbook for the New Economy Situation, Trends, Actions, & Conclusions Q4 2009 @ Copyright 2009 Ephor Group LLC. Agenda I. Small Business State t of the Union & Future II. Results: Small

More information

3.1 Innovation. 3.2 Innovation levels

3.1 Innovation. 3.2 Innovation levels 003 stration Product InnovatIOn D4S is based on a combination of product innovation and sustainability. Understanding the underlying concept of product innovation can help in implementing D4S projects.

More information

Self-Assessment A Product Audit Are You Happy with Your Product Results

Self-Assessment A Product Audit Are You Happy with Your Product Results Self-Assessment A Product Audit Are You Happy with Your Product Results When was the last time you really assessed your products and your organization s ability to create and deliver them to the marketplace?

More information